Winnipeg | Downtown | Portage Place | Redevelopment | U/C - Page 70

blueandgoldguy · #**1381** Posted **Sep 12, 2024, 8:56 PM**

Quote:

Originally Posted by Wpg_Guy

The community space is where imax space was located.

It’s too bad the imax space couldn’t have been converted into an esports venue, that would have been cool.

Yes, I meant community space, not childcare facility. I wonder if they will divide the IMAX Theatre space into multiple floors?

bomberjet · #**1382** Posted **Sep 12, 2024, 9:29 PM**

Core memories for me going to that IMAX as a kid. Was out of this word!

trueviking · #**1383** Posted **Sep 12, 2024, 9:36 PM**

Quote:

Originally Posted by Biff

It is my belief that the smaller 30 to 60 unit projects are the ones that will really make a difference downtown.

I understand what you are saying, but there is something to be said for backing the bigger players because it will likely leverage larger projects that are higher quality. Most of the not-for-profit proposals going after HAF are Net Zero, Deeply affordable, accessible, and to be honest, higher architectural quality.

In the end, bang for buck will matter, I think. How many units can be leveraged for each $5 million bit.

trueviking · #**1384** Posted **Sep 12, 2024, 9:59 PM**

Quote:

Originally Posted by FactaNV

100% got the original intent. It's an interesting questions, lots of small or a few big? Personally I'd rather HAF money be split into dozens of 100,000 grants to build 3-6 stories all over the city as infill. But that isn't prestigious and prestige does have a role in attracting investment. Tough tough tough.

The issue is that there is a sweet spot that makes development go,...most will need the $5 million. Dividing it up into smaller bits likely means little gets built.....It will likely go to bigger projects for now....might be different in the last tranche of money, if the HAF still exists and we haven't had an election that kills it.

WinCitySparky · #**1385** Posted **Sep 12, 2024, 10:08 PM**

Quote:

Originally Posted by bomberjet

Core memories for me going to that IMAX as a kid. Was out of this word!

I saw one once called “Storms” or something, tornadoes and hurricanes etc

zalf · #**1386** Posted **Sep 12, 2024, 10:54 PM**

Quote:

Originally Posted by FactaNV

Take a look at the Steven O'Synder posts on the Winnipeg Reddit...wild lmao.

He used to be a regular poster here. He's no crank. Reasonable people can disagree.

Labroco · #**1387** Posted **Sep 13, 2024, 1:38 AM**

The project seems to have become a modified P3 with an excellent developer at the helm. Huge amounts of the space are government and community spaces along with medical tower and housing. Not sure how the joint venture partnership on the housing component will impact construction of the Hudson Bay building as funding will now be directed here first I would think. The project is being subsidized by government and will for the most part be leased by the government and associated agencies.

Quite frankly I do not believe any level of government could pull off a project like this and complete it as quickly as TN.

The ultimate annual rental rate to create the project inclusive of grants subsidies etc will be staggering but well spent. We need to try and make things a little better and get people off the street and out of the bushes.

trueviking · #**1388** Posted **Sep 13, 2024, 3:27 AM**

^ shouldn’t affect the bay. They are each applying for different funding sources independently. The bay’s funding is largely set.

FactaNV · #**1389** Posted **Sep 18, 2024, 4:41 AM**

EPC has greenlit redevelopment.

https://www.winnipegfreepress.com/breaki...thumbs-up-to-650-m-portage-place-project

pspeid · #**1390** Posted **Sep 18, 2024, 2:28 PM**

Quote:

Originally Posted by FactaNV

EPC has greenlit redevelopment.

https://www.winnipegfreepress.com/breaki...thumbs-up-to-650-m-portage-place-project

Another important step, great to see!

IMO these types of statements serve to dismantle the True North "corporate bully" narrative that some folks have tried to link to this project. Nice to see political will at all (local) levels of government working towards it's completion.

neutroniks · #**1391** Posted **Sep 18, 2024, 3:54 PM**

Quote:

Originally Posted by pspeid

Another important step, great to see!

IMO these types of statements serve to dismantle the True North "corporate bully" narrative that some folks have tried to link to this project. Nice to see political will at all (local) levels of government working towards it's completion.

People tend to see them as "Corporate" but at the end of they day, they're more local to me than any other outside entity. And if they can Ctrl C + Ctrl V the success they've had with True North Square and apply that all up & down Portage & Graham Mall, I'm all for it.

cllew · #**1392** Posted **Sep 23, 2024, 10:18 PM**

Just out of curiosity what happens to the old city hall clock gear works when the center of Portage Place gets taken down?

Who actually owns it the city, FNP, or the current owner of Portage Place?

its actually a nice piece of history that should be on display somewhere

cheswick · #**1393** Posted **Sep 26, 2024, 8:03 PM**

Feds agree to give $10mm.

https://www.cbc.ca/news/canada/manitoba/portage-place-redevelopment-federal-funding-1.7335137

FactaNV · #**1394** Posted **Sep 26, 2024, 8:04 PM**

Quote:

Originally Posted by cheswick

Feds agree to give $10mm.

https://www.cbc.ca/news/canada/manitoba/portage-place-redevelopment-federal-funding-1.7335137

Seems like it's all coming together. Let's get some shovels in ground!

Unbending · #**1395** Posted **Sep 26, 2024, 8:11 PM**

A lot of big announcements today for Winnipeg developments. Now we’re just waiting for the Market Lands renderings/announcement Viking mentioned.

drew · #**1396** Posted **Sep 26, 2024, 8:21 PM**

Quote:

Originally Posted by FactaNV

Seems like it's all coming together. Let's get some shovels in ground!

Better get this confirmed quick. There will be an election sooner than later, and after that, a very different looking federal gov't in place.

The Jabroni · #**1397** Posted **Sep 27, 2024, 4:14 AM**

Quote:

Originally Posted by drew

Better get this confirmed quick. There will be an election sooner than later, and after that, a very different looking federal gov't in place.

I wouldn't be too worried in that aspect.

As Gen Alpha kids these days would say "let them cook!"

Biff · #**1398** Posted **Sep 27, 2024, 4:29 PM**

True North has just confirmed they will officially proceed to purchase the Portage Place Mall.

bomberjet · #**1399** Posted **Sep 27, 2024, 4:32 PM**

Biff Im looking for Max Power in the crowd! haha

Big news!

From what Ludlow just said, it will be 4 years (Q4 2028) when Pan am tower will be open.

Everything starts next year with demolition and Edmonton Ave atrium opening.

Kris22 · #**1400** Posted **Sep 27, 2024, 5:57 PM**

Quote:

Originally Posted by Biff

True North has just confirmed they will officially proceed to purchase the Portage Place Mall.

HUGE news. A mega-project moving forward.

This project + the Bay + Railside + Marketlands is 4 large scale redevelopment projects all happening in and around downtown at the same time. Actually if we add in the completion of TNS with the Sutton Hotel, it's 5 at once. Things are looking up!