If councillors say yes to the idea Tuesday afternoon at a meeting of the City’s Planning Commission, the spot where the Capital Pointe project was to have been built will become a parking lot.
The matter will be discussed with the recommendation being that the spot be turned into a parking lot which would serve almost 100 cars, motorcycles and bicycles for a one-year period.
The applicant looking to purchase the property has indicated the lot is needed for one year and is necessary for what is a larger plan.
If approved, the matter would go to Regina City Council for a final vote later this month.
In 2009, the spot at the corner of Victoria and Albert, where the old Plains hotel once stood, was proposed to be a 27-storey hotel and condo tower but a variety of problems resulted in a massive hole which became an embarrassment for the city being refilled in 2019.