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Waterloo Chronicle (Waterloo, On1868), 2 Jun 1999, p. 4

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Tap Ballet Jazz UPTOWN REDEVELOPMENT 3. t s +R ’i o.»'o.-.n.‘...,', oanlnv ie ataa se Interested parties are invited to attend a presentation of the technical reports and discussion of the changes to the design and phasing of the Waterloo core redevelopment known as "The Commons of Uptown Waterloo." Important changes to the design and timing of the project have been made as a direct result of the input from the many discussions with the Uptown Waterloo B.LA., Uptown Vision Committee, Waterloo residents and the public meetings/open house on March 9, May 10 and May 13. The following Technical Reports are now available for public review prior to the June 7 meeting: Parking and traffic Analysis, Cinema Complex Market Study, Economic Impact and Urban Design Guidelines. To view the Technical Reports or receive a copy of the Report Summaries, please contact Laurel Davies, Planning Assistant, City of Waterloo Development Services: tel. 7478752 fax. 747â€"8523. For further information, please contact: Mark Kindrachuk, Development Manager, First Gulf Development Corporation: tel. 905â€"814â€"6860 fax. 905â€"814â€"5637. j INFORMATION MEETING FOR "THE COMMONS" OF UPTOWN WATERLOO Monday, June 7, 1999 7:00 p.m. Waterloo Recreation Complex Hauser Haus s85â€"3857 55 Erb St. E. Waterioo "ENTER TO WIN OUR Famer‘s Day Dreaw!" Across from LCBO First Gulf Development Corporation will host $ s in tw 2 syaveoaX‘ DIRECTOR â€" SHARON LARAMLIE LLS.TD., MCDTA. RECREATIONAL & COMPETITIVE CLASSES AGES 3 TO ADULT R.A.D. EXAMS AVAILABLE n oo e i 11 oi iorrran n n us sn o > n us sn in ae n tonie i inperetinine t im io L"-‘.‘ Ceearu uNce‘ .‘5’.".‘?.'.": \‘x'.‘('." Srrnatk‘rsa‘e es ava n aaal ols s kiorsett FALL REGISTRATION JUNE 12 9:30 AM â€" 12:00 PM 885â€"3621 884â€"5724 55 ERB E. WATERLOO FRSIGULEF Uptown {Continued from page 1) acres in the heart of uptown Waterloo by 2007. The comâ€" pany will find out if it can go ahead with its proposal later this summer. The PricewaterhouseCoopâ€" ers LLP economic benelits study said once complete, the new development would create 3,300 ongoing fullâ€"time jobs, 1,000 partâ€"time jobs and would generate $172.5 million in annual wages and labour income. It would also generate $6,771,000 in property taxes, over eight times the $808,000 currently generated in taxes by the property, the report said. As well, of the $6,771,000 generated in new property taxes, the City of Waterloo would get $1,693,000, the "I think it‘s excellent," Tyssen said, when told about the results of the report. "This is what we‘ve always hoped for. This is the vision we‘ve had for uptown Waterloo." report said Besides the cinema, hotel and department store, the proâ€" posed redevelopment would also contain 531,600 square feet of new office space, 182,600 squate feet ol new tetail space, much of it along the now vacant west side of King Street South, a new 45,000â€"squareâ€"foor Zehrs supermarket, 210 new residenâ€" tial condominium units and 2,140 parking spaces. The report also said the redeâ€" velopment would be good for Waterloo‘s uptown core because it would attract new businesses to it, would generâ€" ate more traffic for existing businesses and would offer consumers more choice. The report also said the redeâ€" velopment would be good for the uptown because the cinâ€" ema would introduce an emerâ€" tainment sector to the core, new office and residential space would be constructed uptown, and a hotel would help attract tourists to the uptown and would compleâ€" ment such other attractions as the Waterloo St. Jacobs Railâ€" way and the Canadian Clay & Glass Gallery. "We never envisioned Waterloo to be a lowâ€"rise sort of village centre," Tyssen said about the proposed redevelopâ€" ment. "We really consider Waterâ€" loo to be a city, and it should have a proper city core. And all the things that are going to happen (with the redevelopâ€" > Fie + BUSINESS _ + TRAVEL â€" CASUAL +FORMAL WEAR _â€"__â€" Waterloo Town Square (across from Shoppers Drug Mart) 746â€"9136 MENS! SHOPPE The Westvale Neighâ€" bourhood Association took part in a Waterloo Community in Bloom project on Sunday. Helpâ€" ing out were Alex Scott, far left, and the city‘s Anna Marie Cipriani. ment}) are in keeping with that." A second study, a movie theâ€" atre market demand and impact study also prepared by PricewaterhouseCoopers LLP, was released by the city to the public last Friday. That study said because the current marâ€" ket area for the new proposed 12â€"screen cinema could curâ€" rently sustain up to 20 new screens, no existing movie theâ€" atres in Kitchenerâ€"Waterloo would be threatened by the new cinema. The chairman of the Uptown Waterloo Business Improveâ€" ment Area, Wayne Deyarmond, said Monday the BlAs board was waiting to read a third study concerning the development, a traffic impact study, before it would comâ€" ment on the proposed redevelâ€" opment, He said he expected the board to meet Thursday. The executive director of the Chamber of Commerce of Kitchener & Waterloo, David Leis, said Monday he thought in principle the proposed redeâ€" velopment represented an *outstanding opportunity" for Waterloo to improve its uptown core. However he said the chamber‘s board was to be further briefed by First Gull officials on the redevelopment this Friday. Westvale‘s Community in Bloom

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