Yesterday, the City of Prince Rupert and Northern Savings Credit Union announced the signing of a formal Memorandum of Understanding to jointly develop a new City Centre, known as the “Prince Rupert Gateway Project” as part of the Rupert 2030 vision.
The project has gone out to BC Bid to attract qualified developers, with the intention of transforming the main intersection at McBride and 3rd Ave into a new City Center square with potential new housing and commercial opportunities.
As part of the BC Bid, Northern Savings is asking for 15,000-20,000 square feet to host a new credit union branch and insurance office, and the City is asking for 10,000 square feet for civic use, including the potential for other community partners to be part of the project. In addition, the City is seeking to develop a pedestrian mall with covered areas which will feature landscaping, lighting, seating and public art.
The bid closes September 1, with further updates to be provided during various stages of the project.
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