Saskatchewan's tallest building, Capital Pointe, delayed for years

Pegged as the pride of the prairies, the tallest building in Saskatchewan, Capital Pointe in Regina is currently an empty lot.

The site of the project is in the heart of downtown Regina Victoria Avenueand Albert Street where the old Plains Hotel used to sit.

• VIDEO:Timeline: Regina's CapitalPointeproject a delayed dream

Capital Pointe was supposed to be done well before June 2015. The Plains was demolished in 2011 and the lot has been vacant since then.

Condo owners expected to be living in the 26-storey building by 2013.

The project has undergone several ownership changes. Fortress Real Developments took over development in June 2014.

• September 2012:Downtown Regina condo-hotel still a go, developer says
• November 2012:Work to begin soon on Regina hotel-condo project, developer says
• May 2013:Work could soon begin on oft-delayed Regina condo project

The building permit that was granted in November 2014 for excavation expired recently - the second permit to expire on the project.

Regina City CouncillorShawn Fraser said he's always excited to see plans to develop downtown, but admitted it is frustrating.

"It is sort of at the expense of the city in that our downtown has this empty spot for so many years," Fraser said.

"It is a missing tooth in our city until something goes up there. We are waiting with bated breath to make sure that something happens there eventually."

With files from CBC Manitoba