Winnipeg | University of Manitoba | Southwood Circle

[bomberjet]

If I'm being honest I was/am a bit confused by the extreme amount of units going up along Pembina for student housing. Like yes I know there's been people living with 10 others in someone's basement. But is it that big of a surprise that international students, and immigration in general, have been curtailed? Basing your business case entirely on international students seems suspect.

Southwood Circle seems geared towards the exact opposite. Having fancy, concrete, LEED certified building does not scream student housing to me. No surprise they're having difficulty. Especially at that location. Chicken and egg. if there was a pre-existing development with people already living there. Maybe they'd have more traction. But being the first to risk a lot of money to build a fancy tower on a golf course? Sketchy.