There's a wealth of first class restaurants and shops to arts and entertainment venues literally at their doorstep. The one and two bedroom apartments will feature fireplaces, private balconies, ceramic tile floors, crown moulding and five appliances. The building will also house indoor parking for 195 vehicles. We have been wanting a developer to build a large, upscale apartment complex in the area. A building of this type will bring a large market-base and provide a tremendous opportunity for downtown businesses.
Residential development is key to continued growth in the downtown.
This project is coming at a very exciting time in the urban evolution of downtown Kitchener. The area has seen many successes from the redevelopment of the Manulife Centre, plans for a new Kitchener market to the addition of a Children's Musuem. We are pleased to add the construction of The Regency to an ever-growing list. The area at Weber and Queen had been marked in the Municipal Plan as being suitable for high density residential developments. The Tricar Group purchased the property from a private owner in December 2000.