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Yellow Quill expands urban reserve, waits on office building – StarPhoenix

by ahnationtalk on April 20, 201711 Views

April 20, 2017

Nearly five years ago, the Yellow Quill First Nation announced plans to build a five-storey office tower to replace a parking lot on a prime downtown Saskatoon location.

The project at the northeast corner of Fourth Avenue and 20th Street remains alive, but will require an anchor tenant to move forward, according to Ron Waddington, managing trustee of Yellow Quill Land Entitlement Trust (LET) and director of Yellow Quill Holdings.

The First Nation released plans for the building during the economic boom in late 2012, when the downtown office vacancy rate was a minuscule 1.84 per cent. The 75,000-square-foot building was supposed to be completed by the end of 2015, but the property remains a parking lot.

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