TN & SCO are partnering to built the 300,000-sq.-ft, 12-storey Health-Care Centre of Excellence, government has committed to being the tenant in the new tower, letter of intent was signed for 35-year lease agreement.
* target for completion of construction in 2028
* purchase of portage place to close in June 2024
* demolition to begin in 2024 calendar year
* TN partnering with PCL
* confirmation of 17 storey residential tower with 200+ units, equal partnership of TN & SCO
* TN to gift west skywalk bridge to The Bay to SCO for ownership and programming
Slick. Seems like an ambitious timeline for two towers and a complete reno the size of a city block. I'm all for it. Sounds like their sticking with the the plans from their original release and renders.
Gonna be a hub of activity in that area with the Portage Place project and the Bay adaptive re-use. Get 'er done!
If PCL is on board, I imagine the towers are both going to be cast-in-place concrete.
Not getting excited but between the two projects and our awesome art gallery, this area could go from scuzzy now to a cultural powerhouse for the entire West. Great job on the investors!
"But a city can be smothered by too much reverence for its past. The skyline must keep acquiring new peaks, because the day we consider it complete and untouchable is the day the city begins to die." - Justin Davidson - May 2010 Issue of New York
Does anyone have a scoop on the Fairmont campus reno? Any plans or renders yet?
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"But a city can be smothered by too much reverence for its past. The skyline must keep acquiring new peaks, because the day we consider it complete and untouchable is the day the city begins to die." - Justin Davidson - May 2010 Issue of New York
Wow! Terrific news for the downtown and the city overall.
I think there's a real "buzz" created when you can look around and see construction cranes all over the downtown. I probably stress the optics of a situation a bit too much sometimes, but this much activity downtown all at once has to be productive in promoting Winnipeg as a desirable location for further business and residential developments, both locally and nationally.
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"Opinion is really the lowest form of intelligence"-Bill Bullard
"Naysayers are always predicting the present"-Anon.
"Rudeness is the weak man's imitation of strength"-Eric Hoffer
I read in a CTV article that the health centre will break ground 2025 and be completed 2028 but the residential tower will begin 2025 and completed 2026. That is a very fast turnaround for a 15 storey tower... even for TNRD.
I read in a CTV article that the health centre will break ground 2025 and be completed 2028 but the residential tower will begin 2025 and completed 2026. That is a very fast turnaround for a 15 storey tower... even for TNRD.
Pretty bold timelines but judging how fast Wawanesa got built, maybe they're on to something.
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