REGINA — The governments of Canada and Saskatchewan have announced more than $33.6-million in joint funding for the Regina Revitalization Initiative Railyard Renewal Project.
The project will transform the current 17.5-acre former railyard located on Dewdney Avenue into a new neighbourhood in Regina’s city centre.
The investment will support cleaning up the site, installing utility infrastructure and the development of public spaces. Future work includes a pedestrian bridge linking downtown to Regina’s warehouse district.
“The Railyard Renewal Project is a great example of how communities can leverage their existing infrastructure to create new spaces that meet people’s changing needs. The Government of Canada is proud to be investing in this transformative urban renewal project that will breathe new life into the Regina’s city centre, promote green development and living, and create new opportunities for local businesses,” said federal Minister of Public Safety and Emergency Preparedness Ralph Goodale in a statement.
The governments of Canada, Saskatchewan and the City of Regina are each putting up to $11.2 million for the project through the New Building Canada Fund – Provincial-Territorial Infrastructure Component – National and Regional Projects. The Federation of Canadian Municipalities provided an additional $175,000 in federal funding through the Green Municipal Fund and the City of Regina is responsible for any additional costs.
“The Government of Saskatchewan is pleased to be investing $11.2 million toward this important City of Regina project. It will help strengthen the heart of the Queen City by contributing to the redevelopment of a central urban area into an even better place to live, work, play and do business,” added Saskatchewan Minister of Government Relations Warren Kaeding.