It’s been 10 years since Susan
Thompson and the Downtown Village Development Corp. (DVDC) embarked
on an ambitious plan to revitalize Sudbury’s downtown core with new
business and resident activity. Things are finally starting to pay
off following the completion of the city’s master plan and the
looming opening of the Laurentian School of Architecture.
After the success of its streetscape
improvement pilot project, which included the installation of new
street lights, benches and bicycle racks, the DVDC has focused on
developing relationships with property owners and developers
interested in transforming underutilized space, Thompson said.
The upper floors of older buildings are
particularly attractive for repurposing as residences or office
space, but they come with their own set of challenges. About four or
five projects are ready to go, but Thompson said developers are “gun
shy” about moving forward.
“There are reasons why it hasn’t
happened,” she said. “People want to do the projects, but they’re
very costly to do.”
Older buildings typically need
extensive updating to meet current Ontario Building Code standards,
which hikes the cost to redevelop properties. Add to that a lack of
parking space, and developers are reticent to move forward because
they aren’t seeing a feasible return on their investment, Thompson
said.
The DVDC is actively working to develop
financial incentive programs, which Thompson believes could provide
the impetus needed to get some projects going. She points to other
cities, such as North Bay or London, that have been successful with
redevelopment because of initiatives like upgrading loans or per-unit
cash grants.
Naysayers criticize the use of
taxpayers’ money to develop private-sector projects, but Thompson
said studies show the money is paid back in about seven years, in the
form of increased property assessments.
“We’re focused on reaching a point
where the investors who are interested in doing the projects get out
of the gate with them and helping them through all these hurdles, and
hopefully help to facilitate the right climate for these investors,”
she said.
Introduced by city council in January,
the Downtown Master Plan and Action Strategy proposes 61 actions that
can improve the downtown core. Included is a plan for an “innotech
park,” which would house a cluster of office spaces in the
downtown.
Thompson said there is a host of
stakeholders eager to invest should the park go ahead; their
enthusiasm is bolstered by the placement of the Laurentian School of
Architecture in the downtown core. All that’s needed is support
from council to make the project a priority. Council was expected to
prioritize items in the master plan near the end of August.
In the meantime, thanks to some funding
from the Northern Ontario Heritage Corp., the DVDC is going ahead
with a new, multi-media marketing campaign that includes improving
its website. On it, investors can find an inventory of available
properties in the downtown core. The DVDC acts as a mediator,
referring any inquiries back to the property owners.
The organization is also teaming up
with Downtown Sudbury, the Greater Sudbury Development Corp. and the
private sector to establish protocols and priorities for downtown
development. By determining what types of businesses the downtown
wants to attract and the appropriate places for them to go, Sudbury
can have a functioning downtown, Thompson said.
Though the work has been long and often
challenging, with Sudbury on the cusp of a mining boom, and the
architecture school arriving next year, she’s optimistic that the
downtown will soon finally get its due.
“In 10 years, we’ve seen positive
changes; the momentum is building,” she said. “I think we’re
just about at the tipping point, and if we make the right decisions
and we’re successful in implementing and prioritizing these
projects, they’ll be game changers. They’ll totally transform the
downtown and that’s what we need.”
www.dvdcsudbury.ca