VIDEO: Capstone at Riverlands is the new district in Red Deer

City released information on Wednesday morning

Beside the Red Deer River in the downtown sits the site of Red Deer’s newest urban community.

On Wednesday morning, it was announced Capstone at Riverlands will be one of three new districts to be redeveloped in greater downtown Red Deer.

This new district is 20 years in the making, Mayor Tara Veer said.

“It’s a strong indication of where we’re heading as a community and the vibrant place we’re so fortunate to call our home,” Veer said.

Core infrastructure work, including the construction of roads to access the new community and burying power lines, has been ongoing for the past couple years.

“This year the community will see the public amenities – they’ll see the construction of the boardwalk along the riverfront, they’ll see the plaza construction. Those are some of the public investments that will ensure there is private sector spinoff,” Veer said.

Wednesday officially marked the beginning of marketing and attempting to sell land to businesses. Some of the businesses they expect to see in Capstone include condominiums, restaurants, office space and more.

There was two major steps to getting the new district up and running, said city manager Craig Curtis. The first was relocated the old civic yards located in the area and reimagining the area as a place for commercial and residential use.

“It’s something we’ve been waiting for quite a long time for,” he said. “It’s a place for people to gather, a place for people to live, a place for people to work and some commercial development.”

Construction on the public square in the community will begin almost immediately, said Curtis, adding some of the initial above ground infrastructure is hoped to be completed by the end of 2018.

“It’ll take time, it’s not going to happen overnight. But this is the blueprint we’ll be working with,” Curtis said.

Following the City of Red Deer’s announcement behind near Carnival Cinemas, there was a street festival where people were able to eat, watch a few performers and learn more about the new district.

More information on Capstone at Riverlands can be found at www.liveincapstone.ca.

sean.mcintosh@reddeeradvocate.com

 

A street festival was held after Wednesday morning’s Capstone announcement in downtown Red Deer, with one of the attractions being giant bubbles. (Photo by Sean McIntosh/Advocate staff)

Just Posted

Pro-pipelines rally draws crowd to City Hall

Canadian Taxpayers Federation says Canada missing out on billions in revenue

Red Deer Hospice celebrates hitting fundraising halfway mark

Red Deer Hospice Society in middle of $5.2-million expansion

Separate events raised funds for Alzheimer’s and cancer

Nearly half of Canadians will be diagnosed with a form of cancer in their lifetimes.

No business case for Trans Mountain expansion, says former environment minister

VANCOUVER — A former Liberal environment minister is urging Prime Minister Justin… Continue reading

School bus driver charged with drunk driving

THE CANADIAN PRESS EDMONTON — Three impaired driving-related charges have been laid… Continue reading

Canadians in Hong Kong worried for neighbours as protests roil former colony

As mass protests in Hong Kong grab headlines around the world, expatriate… Continue reading

To hit environment goals, feds should create ‘super’ tax credit, report says

OTTAWA — A government-struck expert panel is calling for new “super-deduction” tax… Continue reading

Calgary’s Michael Klukas to live childhood ambition in Stampeders opener

CALGARY — The dream never died for Michael Klukas. Born and raised… Continue reading

Thompson sustains torn left ACL in Warriors’ Game 6 loss

OAKLAND, Calif. — Klay Thompson sustained a torn ACL in his left… Continue reading

Championship timeline: Reliving the Toronto Raptors’ road to the NBA title

The Toronto Raptors captured their first NBA championship in franchise history on… Continue reading

Top 20 Global Concert Tours from Pollstar

The Top 20 Global Concert Tours ranks artists by average box office… Continue reading

Swift calls out homophobes on new song, announces 7th album

NEW YORK — Taylor Swift’s latest song has a new target: homophobes.… Continue reading

Blue Jays hit 3 HRs, notch 17 hits in 12-3 rout of Orioles

Blue Jays 12, Orioles 3 BALTIMORE — Lourdes Gurriel Jr. homered to… Continue reading

Most Read