Regina-based property developer Nicor Developments Inc. today announced its interest in developing a multi-phase residential development in Weyburn.
"I don't need to tell anyone who lives here that there is a lot of growth and activity going on in Weyburn these days. From a development perspective, we see Weyburn as a very exciting place to be," said Ross Keith, Nicor's President.
Keith said the company has submitted a proposal to Weyburn City Council to redevelop the Souris Valley Grounds site.
"We have had positive discussions with the City and understand the pressing housing need created by Weyburn's recent growth. Our proposal to purchase the site is being deliberated by
City Council on January 23, 2012 and we hope for a favourable outcome. In any case, we are committed to exploring opportunities in Weyburn for the long term."
Keith said that Nicor is aware of local concerns about the natural park-like setting, heritage and history of the site and we will work closely with the City to develop a new community that will appropriately integrate them.
"Our company is proud to have won awards for our progressive approach to managing the heritage and environmental concerns of property development. We believe in being accountable and transparent in everything we do. We have a carefully-considered plan for our proposed Weyburn development. In the near future, we will be holding public meetings to share these plans, gather feedback and answer questions."
Keith promised that, if the development is approved, Nicor will work closely with City officials to ensure development of beautiful new subdivision. We are aware of Weyburn's need for a mixed residential development and will be able to offer residents multiple options of single family homes, and affordable housing including townhouse type products as well as apartment rental opportunities.
"The way we see it, we're not just building homes, we are joining a community. We plan to be part of Weyburn's bright future and hope that City Council in particular and the people of Weyburn in general take a positive view of our proposal."
