River Landing Village - Parcel "YY"
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The subject site is located on the east side of the River Landing Phase I area, south of 19th Street between 2nd Avenue and 3rd Avenue. The Concept Plan calls for the site to be mixed use, comprising of retail, restaurants, a public gathering place and possibly a hotel and residential opportunities. The City sees this site as being key in the River Landing area and a premier development opportunity. The mix of proposed uses is considered very important to ensure that River Landing will become a major destination for both residents and visitors.
On December 2, 2010, Victory Majors Investment Corporation, of Saskatoon, purchased the land from the City of Saskatoon. They plan to create a complex called River Landing Village on the site. Victory Majors has taken over the original development from Lake Placid Investments.
In late 2011, the City of Saskatoon and the MVA approved the request from Victory Majors to amend the existing zoning of the lands to permit greater building height and density than previously allowed. The City will now await the application from Victory Majors for the development of the site.
On August 22, 2011 Victory Majors made an announcement about its news partners and proposed changes to the development.
Victory Majors and its new partners (Tonko Realty Advisors Ltd and Cavalier Enterprises Ltd.) envision a mixed use project that will be centered around an urban plaza. The urban plaza will serve as a civic gathering place for the public and is complementary of the surrounding cultural destinations, the Remai Centre for Performing Arts, the Remai Art Gallery of Saskatchewan and the future Meewasin Valley Interpretive Centre. The plaza will include grassed terraces for seating and lounging; patios with pavers as venues for concerts or other art performances; and a water feature that can be a skating pond in the winter, a reflecting pool with fountains in the summer, and when drained, as audience space for performances or concerts. The urban park will open to Spadina Crescent with views to the river and the direct sun from the south.
Surrounding the urban plaza will be hotel, office and residential towers designed to maximize open space, accessibility, visibility and enhance streetscapes along 2nd Avenue, 19th Street and 3rd Avenue. The preliminary design contemplates a 10 story hotel, a 27 storey condominium and a 17 storey office building all anchored by the urban plaza that will include cultural, retail and restaurant uses complementary to the surrounding public realm.
The City of Saskatoon and the Meewasin Valley Authority have approved amendments to the existing zoning of the lands to permit greater building height and density than previously allowed. These amendments will facilitate the vision of River Landing which is to create a vibrant urban edge on the river serving as a significant civic gathering place and destination in the South Downtown area of Saskatoon.