Exciting News!
The Pleasant Hill Village Redevelopment Plan has met another milestone by selling out our last City-owned condominium unit in the Pleasant Hill Village.
The City outlined some of the history of this process in a recent Public Service Announcement.
I have added some excerpts from that announcement below:
I have added some excerpts from that announcement below:
"The
Pleasant Hill Village Project includes two separate developments with a total
of 36 units. As part of an agreement to attract developers to
participate, the City agreed to purchase any unsold units."
"During
its May 28, 2012 meeting, City Council adopted a new 9.99 Percent
Sales Incentive Grant funded from the Affordable Housing Reserve and a
five-year property tax abatement for the project. The adopted sales
incentive grant and the property tax abatement have been instrumental in
closing sales of 14 units since June 2012.
Since
the Pleasant Hill Village project started in 2006, a main objective was to
offer home ownership opportunities in a neighbourhood where rental occupancy
rates were high. Pleasant Hill Village is intended to attract families
who want to live in a new home, in a community with a new school and wellness
centre, daycare, and surrounded by a new park space, playgrounds, soccer
fields, and a new seniors’ residence.
The
Pleasant Hill Village Redevelopment Project will continue in 2014, with the
release of three more sites for development. The entire project is
expected to be completed in 2015."
The 3 new sites for
development will be Parcels A, C and F as shown above. Some small changes are
proposed to these sites and the sites are currently being updated to continue
the implementation of the Pleasant Hill Village Enhanced Concept Plan as
intended.
The 2 sites labeled Parcels A & C are intended to be developed as condos aimed at ownership, while Parcel F is intended for a mixed use development that may include a residential component.
I look forward to continuing to work with the Community on this project. We have had a lot of input from the public through the Community Association and different groups associated with both Pleasant Hill School and St. Mary's School. If you feel you have any ideas or concerns feel free to share them with me, Keith Folkersen, by email through keith.folkersen@saskatoon.ca or by calling (306) 657-8779.
The 2 sites labeled Parcels A & C are intended to be developed as condos aimed at ownership, while Parcel F is intended for a mixed use development that may include a residential component.
I look forward to continuing to work with the Community on this project. We have had a lot of input from the public through the Community Association and different groups associated with both Pleasant Hill School and St. Mary's School. If you feel you have any ideas or concerns feel free to share them with me, Keith Folkersen, by email through keith.folkersen@saskatoon.ca or by calling (306) 657-8779.
