Premier Greg Selinger speaks to reporters at an announcement to transform the Merchants Hotel on Tuesday, June 24, 2014. (CHRISD.CA)
The old Merchants Hotel on Selkirk Avenue is being transformed into a mixed-use education and housing community.
The Manitoba government is spending $11 million on the revitalization, with an additional $2 million coming from fundraising efforts.
“By redeveloping this old hotel into an innovative educational partnership supported by on-site affordable housing, students in the north end will have a new place to learn and see that a post-secondary education can be part of their future,” Premier Greg Selinger said.
Thirty new affordable and rent-geared-to-income homes for students attending education programs in the north end and their families will be created.
Merchants Corner Inc., a community-based non-profit that has led the redevelopment, will own and manage the educational space and has also committed raising the remaining funds needed.
