WINNIPEG | Portage Place Redevelopment

[DonaldSmith]

Originally Posted by Biff

3 or 4 pm. Not public though.

......strange.

I am sure that they don't want it interrupted by protesters.

[BAKGUY]

Originally Posted by DonaldSmith

I am sure that they don't want it interrupted by protesters.

Sadly I think your correct

[pspeid]

Originally Posted by DonaldSmith

I am sure that they don't want it interrupted by protesters.

Especially if there are some "heavy hitters" in attendance, as esquire suggested.They possibly want to pose for some pictures, etc., and it wouldn't do much for investor confidence to see protestors holding "save our food court" signs in the background.

Maybe the formal public announcement will come tomorrow? (just conjecture on my part, of course)

[optimusREIM]

Originally Posted by Biff

3 or 4 pm. Not public though.

......strange.

Anyone know if we'll get some details? Any media presence?

[esquire]

Stonecutters only

[BigG]

D'oh!

[dam_well]

Well today was apparently a good day to discover this forum! Very excited to see the actual renders that I assume will be released in the next few days?

If this actually happens that 3 blocks of fresh, flashy new building will be such a boost to the look and feel of downtown!

[esquire]

Just saw a bunch of heavy hitter-looking guys walking around together, looking at things and talking business in Portage Place... sure seems like something's going down

[Biff]

Listen to CJOB at 4pm.

[rrskylar]

Originally Posted by Biff

Listen to CJOB at 4pm.

It'll be interesting to hear how much this is going to cost taxpayers....

[EspionNoir]

Originally Posted by rrskylar

It'll be interesting to hear how much this is going to cost taxpayers....

Haha what if it's not going to cost taxpayers at all?

[CoryB]

Originally Posted by rrskylar

It'll be interesting to hear how much this is going to cost taxpayers....

Dress it up as a TIF an apparently no one other than me will care how much the government is giving away to projects like this.

[esquire]

Originally Posted by CoryB

Dress it up as a TIF an apparently no one other than me will care how much the government is giving away to projects like this.

Is a TIF part of this development?

[bomberjet]

Originally Posted by CoryB

Dress it up as a TIF an apparently no one other than me will care how much the government is giving away to projects like this.

My cousin lives in st louis and they're having this debate over a soccer stadium. No TIF, no stadium. So there is no money anyways. With tif theres a stadium, jobs, team , taxes, etc.

Its the same debate, same comments.

[DonaldSmith]

Looks like there were media interviews:
https://globalnews.ca/video/6318529/...g-the-project/
https://globalnews.ca/video/6318492/...portage-place/

Those went up but are now down.
Source

You can kind of make out some renders in the background

[bomberjet]

Looks like a complete overhaul from the bits you can see. Mid rise ish towers. Potentially street front retail.

[esquire]

Yeah, wow... looks like a total refresh plus some substantial additions.

The renovations are good... personally I think the building aged reasonably well, but commercial real estate tends to prefer the new and flashy. It's tough to sell tenants on something that's looking kind of old and tired. This certainly bodes well.

(Interestingly, if you click on the Global News link, there is a new 6 minute feature on the 50th anniversary of the Richardson Building in the sidebar... looks like enticing viewing for local skyscraper nerds)

[Wpg_Guy]

[EspionNoir]

Originally Posted by Wpg_Guy

Looks nice!

[esquire]

That looks like more height than I thought possible at the east end...