What’s Old is New in the Sault

By January 24, 2014Recent Media Coverage
Riverwalk Condominiums

This year has seen a number of renewal projects take shape as developers are seeing the beauty and potential in old buildings in Sault Ste. Marie.

“We specialize in repurposing big beautiful buildings,” said Amit Sofer, President of TVM Group, which is renewing the old hospital site. “We are respectful of the beauty and heritage of the architecture, and the quality

of the construction.”

As part of Phase one, the old Plummer Hospital building has been completely gutted for 40 luxury condos. “This is a rare opportunity for a carefree living for seniors or first-time home owners,” said Sofer.

“You get the high efficiency of the
old building with the bonus of a completely new interior. It’s like building your custom dream home, including choosing all of your finishes, without any of the headaches.”

The one to three bedroom units all have balconies and river views, but Sofer says that 65% of the units are sold. “Riverwalk boasts amenities you would expect in a downtown Toronto condo including: a movie screening room, a entertainment room with kitchen, a rooftop terrace for barbecuing and gardening, and a workout area with a sauna.” Sofer said. “We even have 26 underground parking spaces.” Details on the condominium can be found at theriverwalk.ca.

Sofer has also donated property to widen the Hub Trail onsite. Following the trail west along the river leads to the waterfront boardwalk, where residents and visitors can visit the Canadian Locks, and the Sault’s newest land development, Mill Square.

The former St. Marys Paper Mill property was purchased to demolish for scrap, but the developer admired the historic sandstone buildings and the riverfront location at the international bridge.

“We saw so much potential here to create a mixed-use ‘urban village development’ for tourists and residents alike,” said Riversedge Developments’ CEO Justus Veldman. “The former paper mill employed 500-600 people and our challenge became how to revitalize that.”

Veldman saved the sandstone buildings, and quickly partnered with the university, housing the Algoma Conservatory of Music in the Administration building. Soon, the Algoma University Fine Arts program will also move to the Machine Shop, which boasts seating for 800.

Entomica, is also being developed onsite, described as: “a place where you’ll discover the fascinating, hidden and often misunderstood world of insects through live interactive exhibits.”….

Written by Nadine Robinson in Bear Country Magazine – Winter 2014

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