Over the last five of years economic growth in downtown St. Catharines has largely been triggered by public cultural investments. The completion of the Meridian Centre, the Marilyn I. Walker School of Fine and Performing Arts and the FirstOntario Performing Arts Centre have all been catalysts for private investment.
Throughout the downtown core, various revitalization projects and new high-rise developments are helping to transform the landscape from old to new; a trend that is driving more people downtown helping to spur economic prosperity.
St. Catharines Revitalization Projects
A number of notable revitalization projects have been completed downtown in 2016 including various retail and commercial properties along the cores’ main streets. Some examples are Plan B Beer Works, MA Chinese Cuisine, East, Bolete and new businesses within the Carlisle Suites.
The following new businesses popped up during September and October alone:
- Jia Yuan Restaurant
- Pocket CHANGE
- Plan B Beer Works
- Modern Health Chiropractic & Wellness
- Lucia Fashion & Beauty
- Studio Bohemie/Hobby Shop
- Warehouse Concert Hall
To view the recent industrial conversions in St. Catharines click here.
Expanding Up in St. Catharines
High-rise residential developments are starting to skirt the downtown core such as the two new student residences on Lake and James Streets that reach seven and eight-storeys respectively. A seniors development on the Hotel Dieu site has also been approved and more recently, a proposal has been brought forward to city council for the the highest development seen to date.
Nick Atalick, who most recently transformed the former Leonard Hotel site into the Carlisle, has plans to develop a 19 story mixed-use building. The plan combines 144 condo units, a 64-unit hotel, commercial retail space and three levels of underground parking. If the project is approved it will help the city achieve its density targets.
Other highrise office towers are looking to be repurposed as well, such as the former Provincial Gas Building at 15 Church St.
Redevelopment Opportunity in Downtown St. Catharines
15 Church St., St. Catharines
This high-rise office tower adjacent to Montebello Park has been brought back to its original shell offering a shovel-ready redevelopment opportunity for investors. The building has a long office-based history and offers an ideal location for a multi-residential or commercial development.