St. Regis Hotel To Become A Parkade
A parkade will soon replace the St. Regis Hotel. Downtown development group CentreVentre has sold the property on Smith Street for $4 million to a group called Fortress Real Developments. The developer has a plan to build a 625 stall parkade that will include a retail complex. In the agreement, the construction must start by April 2017 or the property goes back into the hands of CentreVenture. Fortress already has big plans for the downtown core as they are set to build SkyCity – a massive...

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