Yacht club will trade marina space for car parking
Last Updated: Monday, January 29, 2007 | 3:11 PM AT
CBC News
A parking dispute on the Summerside, P.E.I., waterfront that was holding up a $27-million development appears to be approaching a resolution that will trade yacht mooring for car parking.
The Silver Fox Curling and Yacht Club said Friday that a plan to reclaim land to replace parking spaces lost to an expansion of the Waterfront Shopping Centre is workable in principle.
"If we do partial infill in the part where the other extra boats are parked over there, and make that into parking, we can retrieve 60 or 70 units," said George Sheen of the Silver Fox club.
"Therefore if we're losing 30 or 40, yes, we'll live with that, and glad to."
The Oran Group, which owns the Waterfront Shopping Centre, wants to refurbish the mall and add 101 condominium units. But the development has been held up for a year, because the Silver Fox club had an agreement with the previous owners of the mall for the use of 100 parking spaces.
The compromise, proposed by the by Summerside Regional Development Corporation, would see more land reclaimed from the yacht club basin. The sea wall needs to be replaced, and the plan would locate it farther out.
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Where the money would come from for this has not yet been sorted out, but Summerside Mayor Basil Stewart is keen to see the redevelopment go ahead.
"Twenty-five-million-dollar projects, they don't come along very often," said Stewart.
"Our downtown needs a shot in the arm and that is certainly one way to do it."
The Oran Group is willing to wait for the details to be sorted out, and has set a new deadline.
"I will review things at the end of June," said Oran Canada president Eion Little.
"If the parking issue is resolved by the end of June, we can begin the process again."
The delay has frustrated tenants in the mall.
"It was going to improve this mall 100 per cent," said Deb Reid of the shop Northern Reflections.
"My biggest fear now [is] how many other big businesses are watching what's going on, and will they want to come in with this mall with no decisions made?"
The province has offered the services of a mediator to settle the issue and get the $27-million project back on track.
Source:
http://www.cbc.ca/canada/prince-edwa...ompromise.html
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