Downtown St. Catharines: A Home for Business
FEATURED IMAGE: 43 Church – Hummel Properties
Have you taken a walk through downtown St. Catharines recently? You may have noticed a number of new, high-quality restaurants along the bustling streets of St. Paul or perhaps it was a newly restored building along James St. that caught your eye. Downtown St. Catharines is more alive than ever, with a number of new residential and commercial projects set to begin development as we speak. In part two of my series on growth in downtown St. Catharines, I dive into the new developments that are making waves across the city.
Niagara Welcomes Technology
The Niagara Region is making a name for itself in the technology sector as it welcomes Accel North, owned by Clickback Inc. to Downtown St. Catharines. Formerly known as the Police Services building, Accel North now houses a lead generating software company among other innovative tech companies. This new private sector incubation office space brings relevance to the downtown core, as this company is making strides in Niagara and beyond in the world of technology. A huge win for tech and the city!
Luxury Condos at 77 Yates St.
Luxury condos are on the rise as the city’s heritage district welcomes a beautiful new condo building, now fully in the construction stage. Sales for available units range in price from $640,000 to $1,300,000. 77 Yates has a total of 37 units with sizes ranging from 1282 to 2674 square feet. Since the late 1800s, Yates St. has managed to maintain it’s elegance and poise, as seen in the charm of the historic Georgian and Tudor style homes. This development will add a modern relevance to the area, while still respecting its historic roots.
Carlisle Square will Reach New Heights
St. Catharines is moving up! Currently, in the proposal stage, another mixed-use property is seeking to bring even more convenience and enjoyment to St. Catharines’ booming downtown scene. Carlisle Square, a 75-unit luxury rental apartment building has been approved at its new home next to the Carlisle Suites. The $75-million tower is slated to include three levels of underground parking, two floors of retail and commercial space, and 16 floors of upscale apartments that will soon boast as the tallest building in town.
80 King St. and 43 Church St.
It’s easier than ever for the entrepreneurs of the Niagara Region to enjoy the local shops and variety of restaurants while working in the downtown core. Office revitalizations at 80 King Street and 43 Church St. have recently been completed. 80 King St.’s nine-storey office and retail complex underwent a $10 million overhaul with various suites ranging from 2,074 to 36,895 square feet. Likewise, 43 Church’s 7-story renovation has converted the building into 85,000 sq. ft. of luxury commercial office space. This space is unique in that all office suites are customizable, providing Niagara with opportunities to grow their businesses within the region. Additionally, the new owner converted the building to commercial condominium status, so tenants have the opportunity to purchase their own space. This is very exciting for downtown and the entire city, as this type of space is rarely available for sale.
Today’s Modern Downtown
These projects are just the start, as it feels like more commercial activity is announced by the day. For instance, earlier this year 81-85 Ontario St. sold, it’s development potential based on zoning includes a hotel, an apartment building, a long term care facility and office or retail use. A concept for a 116 unit building was marketed with the sale.
The city has made leaps and bounds since the deployment of the Garden City Development Plan in 2010. Downtown is alive again and is lending to Niagara Region’s charm and appeal for residents, businesses and tourists alike.