The future Seasons of Tuxedo retail development in south Winnipeg will have a green footprint when it opens next year.
The Manitoba government on Friday announced the 275,000-square-foot mixed retail area will feature geothermal heating and cooling in 50 to 60 retail outlets, financial institutions and restaurants.
“Increasing the use of geothermal technology in Manitoba is an important part of our government’s climate-change and energy strategies,” said Innovation, Energy and Mines Minister Dave Chomiak. “That’s why we’ve put effective policy tools in place, such as the Green Energy Equipment Tax Credit, which provides a tax rebate to help offset some of the upfront capital investment in a geothermal system.”
Fairweather Properties Inc., a Winnipeg-based property development firm, is currently developing phase one of the Seasons of Tuxedo retail development, with completion scheduled for 2013.