In addition, a five-phase Lakeshore Drive
redevelopment project which spans across
the town from east to west began in 2008
and is entering its fifthphase this year.
The project has thus far included the
addition of Centennial Park with picnic
shelters and playgrounds, as well as a three-
kilometer long waterfront promenade,
along with a modernization of the cottage
district – the oldest area within the 101-
year-old town – which involves the
introduction of curbs, gutters and
sidewalks, resulting in increased property
values.
Another significant project was the recent
construction of Memorial Drive which
created an updated east/west connection
through the residential portion of the town,
54 | BusinessWorld |
July-August 2014
