The second phase of RRI will expand one of our most vibrant urban neighbourhoods and create a stronger link to downtown.
May 22, 2014
The relocation of the CP container yards will free up 17.5 acres of land in the heart of our city. This land will be transformed into a vibrant district that builds on the successful residential, office and entertainment Warehouse District along Dewdney Avenue. We’ll also create a walkway that spans the rail lines and provides easy access between downtown and the expanded Warehouse District.
The Railyard Renewal Project will attract new investment and new businesses worth hundreds of millions of dollars. With new offices, shops and restaurants, there will be new opportunities for work and play. A variety of housing options will provide distinctive urban living. With a new walkway connecting this lively district to downtown, we’ll strengthen our city’s culture and nightlife.
Then, Now & Future
Our plans for the CP Rail yard have evolved over the years. With the new stadium at Evraz Place, the CP lands will be developed into one of Canada’s most vibrant and exciting neighbourhoods.
The CP Rail yard redevelopment will cost more than $500 million. The vast majority of the funding will come from private sources. The City of Regina will contribute roughly $46 million – or 8 per cent of the total cost.