No one is more frustrated than the Mayor of Regina when it comes to how slow development is moving on the Capital Pointe site in the city’s downtown.
Michael Fougere says the city was legally obliged to issue another permit to the developers if all of the regulations have been met.
Fougere says the city is in an uncomfortable position.
“You cannot be happy when you have seven years to develop a building,” Fougere said at Regina City Council Monday night. “So frankly, we’re a bit frustrated and concerned.”
Fougere says concern and, at times, anger has been expressed over the project. He admits issuing a new building permit for the often-delayed project felt counter-intuitive.
“There’s a couple of things to keep in mind,” Fougere said. “First of all, they own the land. So, they have a right to develop the land. We have to protect their right to develop. We also have the right to protect the public and make sure the process is followed correctly. They now have a building permit and have to move within six months to begin the foundation work.”
Fougere says everyone wants this 26-storey hotel and condo project finished.
“No one is more frustrated than me,” Fougere said. “And members of council. And the administration. And the public. This is a gateway into the city. It’s a major area of the city. We want this developed and we want this to move forward.”
This new permit has a two year time frame, but the city has the authority to declare the permit is expired if “meaningful construction” has not begun within six months.
Fougere says the Capital Pointe site on the corner of Victoria and Albert is a major area of the city and it needs to be finished.