Yellow Quill to build on urban reserve in Saskatoon

Yellow Quill First Nation plans to construct its first urban reserve project in Saskatoon in what is now a parking lot. The $40 million commercial and office building will have the First Nations Bank as its lead tenant. The building is to be constructed to LEED (Leadership in Energy and Environmental) Gold Certification standards. It has been a four-year process but Yellow Quill has secured reserve status for the property and is looking to secure additional tenant leasing commitments before starting construction. More than 50 urban reserves already exist in the province, with more than 50 more on the way. “The positive impact of urban reserves is just one more example of what I mean when I talk about ‘transformative change,’” said Assembly of First Nations leadership candidate Perry Bellegarde, who presently serves as Chief of the Federation of Saskatchewan Indian Nations. The urban reserve will lead to employment opportunities, business opportunities and return on investment for First Nations peoples.