A stretch of road has permanently closed to support the development of a large-scale project in the Railyards District of the City.
The northern portion of 54 Ave. and 55A St. closed late last month as part of the development occurring at 5518 Gaetz Ave. where the Elements at River’s Edge is set to begin construction.
“This development is an important step towards realizing the vision set forward in the Greater Downtown Action Plan,” said Craig Curtis, the City’s manager. “This will create an inviting downtown environment using creative solutions to create both residential and commercial spaces.”
These portions of roadway are being sold to Rivercity Developments to support the development project which is consistent with the vision outlined in the Greater Downtown Action Plan for redevelopment of this area.
The GDAP, which is a council approved document, sets the framework for redevelopment within downtown including areas such as the Railyards.
Until the 55 St. extension project is completed in 2011, residents must use 52 St. to access the Railyards area from Gaetz Ave.
Access to the Railyards area via the Taylor Dr./54 Ave. intersection will remain in full operation.
In addition, the Elements at River’s Edge is one of the first projects to get underway in the Riverlands area.
The GDAP plan was given approval by council in February 2009. The plan sees the Riverlands area as a diverse riverfront district featuring housing along with visitor and convention facilities and attractions as well as a public art and a year-round market area as well as an observation tower.
The area also calls for a pedestrian bridge to Bower Ponds and waterways and water features throughout.