Tag Archives: Real Estate

Historic Crocus Building Renamed After McKim Ad Agency

Historic Crocus Building Renamed After McKim Ad Agency

McKim Building
211 Bannatyne Avenue has been renamed after McKim Communications Group. (TAMARA BODI / MCKIM)

The historic Crocus Building at 211 Bannatyne Avenue has a new name.

A sign for the McKim Building — as it’s now known — was unveiled Wednesday by McKim Communications Group. The advertising agency is a longstanding tenant and one of the building’s owners.

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Brandon University Acquires Historic Theatre for $1

Brandon University Acquires Historic Theatre for $1

Strand Theatre
Brandon University has purchased that shuttered Strand Theatre for $1. (GOOGLE STREET VIEW)

Brandon University has acquired a key piece of property in the Wheat City’s downtown for the bargain price of $1.

BU has bought up the Strand Theatre in the 100 block of 10th Street from Landmark Cinemas.

“Landmark Cinemas has been entertaining the movie-goers of Brandon and district since the 1970s and in a small way this is our opportunity to give back to the community which has supported Landmark so well for so many years,” said BU president Gervan Fearon.

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Winnipeg Website Allows Renters to Rate Properties, Landlords

Winnipeg Website Allows Renters to Rate Properties, Landlords

RentItOrNot.com
(RENTITORNOT.COM)

A new Winnipeg-based website developed by two brothers and their business partner is allowing tenants to rate rental properties and their landlords.

Called RentItOrNot.com, the website is built around reviews for renters of properties and landlords, including whether the property has bed bugs, how clean it is, if it’s regularly maintained and the level of noise (if at all).

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Five Rental Properties Receive Millions from City, Province

Five Rental Properties Receive Millions from City, Province

By Sarah Klein

James Avenue Pumping Station
The James Avenue Pumping Station at 109 James Avenue is one of five properties to receive a grant through the Live Downtown: Rental Development Grant Program. (GOOGLE STREET VIEW)

The city and province are funding grants to five new rental property developments in downtown Winnipeg.

Through the Live Downtown: Rental Development Grant Program, the new projects will receive tax increment financing. They will be located at 272 Main St., 300 Main St., 104 James Ave., 109 James Ave. and 316/318 Ross Ave. More than 700 rental units are planned for these five developments, of which 75 will be considered affordable housing units.

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Trendy Fashion Retailer Revitalizing Graham Avenue Storefront

Trendy Fashion Retailer Revitalizing Graham Avenue Storefront

433 Graham Avenue
A former bridal shop at 433 Graham Avenue has been revitalized by two local entrepreneurs into a trendy clothing store. (GOOGLE STREET VIEW)

WINNIPEG — Graham Avenue is the latest strip in the city’s downtown to receive a makeover with trendy shops popping up, True North Square under construction and now a new storefront for a local fashion designer.

Eric Olek has teamed up with emerging local artist Josiah Koppanyi under the umbrella of Centre Venture’s PUSH program. The two have converted a bridal shop into a trendy clothing store and art gallery at 433 Graham Avenue called Friday Knights. The shop is part of Olek’s nationwide 31-store deal with retailer Below The Belt.

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New Growth Fees Could Lead to Rush in Condo Sales: Developer

New Growth Fees Could Lead to Rush in Condo Sales: Developer

By David Klassen

Home Construction

WINNIPEG — New proposed growth fees being mulled over at City Hall could lead to a long-term trend of smaller home development.

“Consumers have a budget and it’s tighter than ever. Every time we add a cost to a house or a condo, then consumers trade for something else,” says Tim Comack, vice-president of development with Ventura Land Company.

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Tenants Named for Bridgwater Centre Development

Tenants Named for Bridgwater Centre Development

Bridgwater
Bridgwater (HOPEWELL DEVELOPMENT)

South Winnipeg residents living in the Bridgwater area now know some of the retail outlets soon to open at the Bridgwater Town Centre site.

Hopewell Development has negotiated leases with several tenants to occupy portions of the 118,000 sq. ft. of space on North Town Road.

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New 40-Storey Tower to Be Winnipeg’s Tallest

New 40-Storey Tower to Be Winnipeg’s Tallest

300 Main Office Tower
A proposed 40-storey mixed-use tower at the corner of Main Street and Graham Avenue. (ARTIS REIT)

A towering $165 million development will add to Winnipeg’s most famous intersection.

Real estate firm Artis REIT announced Thursday the construction of a 40-storey apartment tower near Portage and Main.

The developer says 36 floors will be residential use, while four floors will be dedicated to commercial and amenity space.

Construction at 300 Main Street is expected to take only three years and will also include a $25 million facade upgrade to the firm’s other office tower at 360 Main Street.

Armin Martens, president and CEO of Artis REIT, said the project will not see any civic or provincial government funding.

The Winnipeg Construction Association estimates work on the two towers will create approximately 700 person-years of employment, or on average, about 350 construction workers will be employed full-time during the two-year build period.

The tower will be Winnipeg’s tallest once complete.

— Staff

True North Square to Be Home to Sutton Place Hotel, Law Firm

True North Square to Be Home to Sutton Place Hotel, Law Firm

True North Square
True North Square (TNSE / HANDOUT)
True North Square
The True North Square plan includes over one million square feet in the key pillars of mixed use development. (TNSE / HANDOUT)

WINNIPEG — Some of the tenants who will fill True North Square when it opens in 2018 have been revealed.

Its slogan? Redefining the Heart of the City.

The $400 million downtown development will be home to the Sutton Place Hotel, a flagship Manitoba Liquor & Lotteries Liquor Mart store, Thompson Dorfman Sweatman LLP law firm and the headquarters for Scotiabank.

“Our vision is to create a transformative mixed-use project that is integral to the success of downtown Winnipeg,” said Jim Ludlow, president of True North Real Estate Development Limited.

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True North Square’s Tenants Being Unveiled

True North Square’s Tenants Being Unveiled

True North Square
True North Square (HANDOUT)

Please see an updated story.

— — —

WINNIPEG — The tenants of the $400 million True North Square will be unveiled Wednesday morning.

True North Sports and Entertainment has called a news conference to announce the project’s partners and lead tenants.

The downtown development will include retail, office and residential spaces, as well as a hotel. Space will also cater to outdoor concerts, Winnipeg Jets game day parties, a casual ice rink, Christmas village, ice bar, food truck festival, two curling lanes, outdoor movies, and sand volleyball.

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