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City to support redevelopment of Post Office building
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Following more than a year of behind the scenes planning, the City of Lethbridge is excited to see Sumus Property Group Ltd. starting an extensive modernization of the downtown Post Office building.
While specific details are still to be finalized, the City of Lethbridge is committed to supporting the redevelopment through improvements to the public space surrounding the building. This includes the addition of a new cycling lane on 7 Street and a public art feature. Sumus Property Group Ltd and the City of Lethbridge will also establish a long-term agreement for parking in the downtown Park 'n' Ride facility and work together to access any available development grant incentives.
The construction costs are projected to exceed $12 million, which would represent the biggest single private investment in the downtown in nearly 20 years. This comes just months after Six08 Health announced a major redevelopment on 5 Ave. S. Combined, these two projects amount to a nearly $17 million investment in downtown Lethbridge.
"We are excited to be part of a joint commitment to revitalize and modernize the downtown Post Office as this project will breathe new life into our city's most iconic building," says Andrew Malcolm, City of Lethbridge, Urban Revitalization Manager. "This is another fantastic project that will bring more people, more activity and more vitality to the downtown."
"When looking for real estate opportunities there is significant value in something non-replicable. The downtown Post building fits this description with its unique history and accessible location," says Kendal Hachkowski, Sumus Property Group Ltd. Managing Director. "In conjunction with our many partners, and a special thank you to the City of Lethbridge, the Post will be a new businesses hub for innovation, community and collaboration."
Also known as the J.D. Higinbotham Building, the Post Office is designated a Provincial Historic Building. It was constructed in 1912-13 to the designs of Chief Architect David Ewart. The Post Office has always held significance because of its status as a civic landmark. The height, architectural detail and unique character of the domed clock tower make it one of the most prominent buildings in Lethbridge.
For more information on events, activities and redevelopment incentives for downtown Lethbridge visit www.lethbridge.ca/downtown.
