River Landing Village River Landing Villageunder construction in Saskatoon, Saskatchewan , Canada consisting of 3 high rises. Located on the southern tip of downtown between the Victoria and Idylwyld bridge, the site has long been the most expensive and most sought for pieces of real estate in Saskatoon . Victory Majors Investments Corporation has been overseeing the project. This development has gone through significant changes and went through 2 different developers over a span of 10 years .Site Tender The site is part of River Landing Phase 1 , an initiative by the City of Saskatoon to redevelop the south downtown region along the South Saskatchewan River . March 2007 - Remai Ventures pulls out of plan to build a destination hotel and spa on the site June 2007 - Lake Placid Investments led by CEO Michael E Lobsinger expresses an interest in submits bid for the River Landing Village complex September 2007 - The Lake Placid bid is the only one submitted for the $4.8 Million Canadian parcel January 2008 - The Sale if approved by the city September 2008 - Plans are approved by the city and the Meewasin Valley Authority January 2009 - Lake Placid misses the payment deadline on the parcel, an extension is given August 2009 - Lake Placid misses the payment deadline on the parcel, an extension is given October 31, 2009 - Lake Placid misses the payment deadline on the parcel and forfeits the deposit November 2009 - Lake Placid asks for an extension, March 2010 - Lake Placid and Victory Majors Investments led by Karim Nasser , approach the city to try and resurrect the project with Marriott Hotels attending the presentation to council April 2010 - City reappraises the land at $11 million June 2010 - The city enters into an agreement to sell the property for $5.2 Million November 2010 - Victory Majors Investments buys out Lake Placid's interest in the project August 12, 2011 - Victory Majors proposes a major overhaul to original design to include a 27-story residential tower, a 17-story office tower, and a 10-story hotel tower.Specifications 20 story residential tower 17 story hotel tower 22 and 12 story office tower shared partially underground parkade with 620 stalls of retail split between the various buildings in the complex plaza with large tree and water feature Once completed, the larger office tower will become tallest in Saskatoon, and the province.
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