Regina city council approved terms to sell parts of the REAL District to Brandt Properties this week [1].
The decision resolves a long-running development agreement and clears the path for the private company to take over significant portions of the district [1, 2].
Council members met on May 6 and May 7, 2026, to scrutinize the purchase [3, 4]. The final vote to approve the proposal passed with an 8-3 margin in favor [5].
The deal involves 13 different facilities and buildings within the REAL District [4]. By transferring these assets to Brandt, the city aims to advance the overall development of the area [1, 2].
The process follows several days of deliberation where council members reviewed the terms of the proposal [3, 4]. The approval marks a transition from the planning and scrutiny phase to the execution of the sale [1, 2].
Brandt Properties will now move forward with the acquisition of the specified sites. The city has not yet released a detailed timeline for the final transfer of all 13 properties [4].
“Regina city council approved terms to sell parts of the REAL District to Brandt Properties”
This approval signals a shift toward private-sector management for the REAL District's infrastructure. By selling these assets to Brandt Properties, the city of Regina reduces its direct oversight of the facilities while attempting to accelerate the development of the district through private investment.
