Regina Revitailization Initiative

Rank 2021

NR

Industry Sector: Buildings

Range $500 million

Specific Sector: Public Spaces

Project Value: $500,000,000

Government Funds Involved: Public/Private

Funding Source: Public/Private

Location Saskatchewan

Estimated End Date of Substantial Completion: 2025

This is the second phase of the Regina Revitalization Initiative, including the redevelopment of approximately 17.5 acres of vacant downtown land formerly used as a Canadian Pacific intermodal yard. With new offices, shops and restaurants, there will be new opportunities for work and play, and a variety of housing options will provide distinctive urban living. With a new walkway connecting this lively district to downtown it will strengthen Regina’s culture and nightlife.

Urban planning and design, as well as engineering consulting work, is currently taking place as part of a public engagement process. Work has been pushed back, based on other community priorities, and it could now be up to five years before anything concrete happens with the lands.

The new step for the project is the renewal of Dewdney Avenue, which is slated to begin in 2020 and last until 2025.

Project Owner: City of Regina

Engineer: WSP; Ground Engineering Consultants

Other Key Players: Urban Strategies; Urbanics Consultants; P3A Architecture; WSP; Deloitte

Financing Detail: The overall rail yard redevelopment will cost more than $500 million (and the Government of Saskatchewan’s 2015 Major Projects Inventory lists the cost at $600 million). The vast majority of the funding will come from private sources, and the City of Regina will contribute roughly $47 million.

2020 Rank: 87

2019 Rank: 87

2018 Rank: 86

2017 Rank: 86

Municipal Funding Number: 47000000