Plans are underway for a new neighbourhood in downtown Saskatoon, which could someday be home for as many as 12,000 people.

The new neighbourhood will be bordered by 24th Street to the South, Idylwyld Drive to the West, 33rd Street to the North, and First Avenue to the East.

Plans for the new neighbourhood are in the hands of a Vancouver company, Perkins & Will, which will be paid $315,000 to develop a plan for the new area.

The City is hoping the new neighbourhood will be an environmentally friendly, walkable community connected to the downtown core.

It will likely be awhile though before you see any development towards the new neighbourhood. The City first has to figure out where to move the City Yards, which takes up a good chunk of the area. The City is hoping to move the Yards to the Montgomery Place area, but no plans for that have been yet been made.