As reported in the Regina Leader-Post, weather permitting, the Capital Pointe hole will be completely filled by the end of the week, says a City of Regina spokesperson.

“The contractor will then be starting work on the sidewalks, street lights and fencing,” said an emailed statement this week.

The remediation project began at the end of June after Capital Pointe’s developers failed to comply with a backfill order in March.

The City of Regina was given authority to fill the hole itself as of April 1, a day after the deadline for developers to begin the backfill.

The city intends to charge the cost of the backfill and site remediation to Westgate and collect the money in the same way it would municipal taxes.

The project is expected to be fully complete by mid-October.

As crews have worked around the clock to fill the infamous hole, the price tag for the 30,928 square foot site has dropped dramatically.

Originally listed at a whopping $8.5 million, Cushman & Wakefield now has the lot listed at just $2 million.

The listing describes it as a “high profile development site” located on the north east corner of Albert Street and Victoria Avenue in downtown Regina.”

Capital Pointe was first announced in 2009 under the name Westgate Plaza. It faced repeated delays and shifting developers. Fortress Real Developments took a leading role in the project in 2014 and began excavation the next year.

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