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Home: Canadian Construction News: Yellow Quill First Nation to Build Commercial Offices in Downtown Saskatoon

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Yellow Quill First Nation to Build Commercial Offices in Downtown Saskatoon

Written by; Joy Smithers / TCCN Staff Writer
Added on: Thu Oct 16 2014

  


The Yellow Quill First Nation of Saskatchewan have announced this Wednesday it is commitment to building a $40 million (CAD) commercial office building complex on urban reserve land in downtown Saskatoon, Saskatchewan.

What is presently a parking lot the Yellow Quill will transform into an architectural "A Class" office building complex to meet the highest in efficiency and environmental standards.

With the First Nation Bank of Canada signing on and what has amounted to a 4 year process, the Yellow Quill has secured a "reserve status" for the land property and is seeking to secure tenant leasing commitments prior to beginning construction.

Chief Perry Bellegarde of the Federation of Saskatchewan Indian Nations (FSIN), showed full support of the new urban reserve stating, "This is a perfect example of First Nations peoples taking control of their economic destiny".

Located at 240 - 4th Ave South, the office buildings seek to generate a long term revenues for the First Nation which will in turn reinvest into its local community.

Chief Bellgarde added that there are over fifty First Nation urban reserves already in place across the province of Saskatchewan and all have shown positive growth and success."

Yellow Quill First Nation is located approximately 195 km east of Saskatoon.

  

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