Winnipeg Construction

[vid]

Originally Posted by flatlander

That lousy example notwithstanding I think we should see higher assessments on surface parking lots based on income, and lower assessments on heritage buildings like the Fortune Block.

So essentially, you'd be applying a municipal tax to the rental income received by landlords? Unless you can make that apply only to parking lots, you would be taking a larger chunk of the rent from occupied buildings, which could cause landlords to raise rents, which could force tenants out of the core. The opposite of what we want to do.

[1ajs]

Originally Posted by vid

So essentially, you'd be applying a municipal tax to the rental income received by landlords? Unless you can make that apply only to parking lots, you would be taking a larger chunk of the rent from occupied buildings, which could cause landlords to raise rents, which could force tenants out of the core. The opposite of what we want to do.

city tax's u on a percentage of ur rental income already my friend owns a building at selkirk and main brings in 18k a yr they chage him 4k a yr on the place based on the income potential or so according to the property tax forums he gets

[h0twired]

Originally Posted by 1ajs

city tax's u on a percentage of ur rental income already my friend owns a building at selkirk and main brings in 18k a yr they chage him 4k a yr on the place based on the income potential or so according to the property tax forums he gets

$4000/year seems pretty fair for a commercial building on Main and Selkirk.

Looking at the city assessment website is seems like most of the buildings on that corner are assessed around $260-270k

[vid]

But is that on top of property tax or in lieu of it? Commercial/Industrial/Mixed use buildings in Thunder Bay are taxed 5.6%.

[1ajs]

the tenits pay 325-425 a month witch just pays the mortgage and buys enoght supllies to keep the roof patched sorta 35-45cents a sqft is dirt cheap no?

[vid]

That's the same as I pay for an apartment back home so yes, it is dirt cheap. He's not making much if any profit but the city is taxing it?

Maybe they should find a way to tax profits, not income. A parking lot would definitely have more profit than an occupied building since it has almost no operating costs.

[Reed Solomon]

Originally Posted by SKYSTHELIMIT

I know someone who is involved with this project and have sent your link to be looked at, she is in chaqrge of communications so this should be rectified. Good pick-up.

Telus is so used to making crap up about their coverage that they've extended this to their building certifications..

[armorand93]

Originally Posted by 1ajs

Apartments pay the rent again

Edison building three blocks as vacancy rate stays low

By: Murray McNeill
Posted: 1:00 AM |

[IMG]http://media.winnipegfreepress.com/images/648*432/4141430.jpg[/IMG]


One of the city's most active apartment-block developers in the 1960s, '70s and '80s is jumping back into the game after more than two decades on the sidelines.
The Edison Rental Agency, which will be changing its name to Edison Properties this fall to reflect its re-entry into the development business, plans to build three new apartment blocks -- 215 suites in all -- on the site of the Springfield Heights retail mall on Rothesay Street.


The apartment blocks will be part of a $50-million, 350,000-square-foot residential/retail complex planned for the site. The complex will include a four-storey base structure, with roughly 10,400 square feet of retail space on the ground floor and three floors of apartments. Above that will be the three apartment buildings, with another seven floors of suites in each.


http://www.winnipegfreepress.com/breakingnews/apartments-pay-the-rent-again-158399615.html

Guess I'm the only person replying to this post...

Hope they do more work like this! Hopefully in St. James to get rid of whats quickly becoming urban prairie at Portage/Queen at the former Esso station.

[lilwayne]

Two groups say they’re bringing separate laser tag businesses to Winnipeg, although both were scarce on details Monday.

Representatives of Dark Zone have confirmed they’re building a new location. There hasn’t been a Winnipeg laser tag business since Dark Zone closed nearly a decade ago.

“We have been working tirelessly for the better part of almost two years on this project and as I’m sure you can understand, timing is everything when launching a new business. It has truly been Winnipeg’s best kept secret for almost two years now,” representatives said Monday.

“We will be releasing more and more information in the coming days and weeks via Twitter and Facebook. All I can say is that it will be locally owned and operated, by a couple of guys who have lived in Winnipeg their entire lives and who love this city!”

Dark Zone’s old location is now occupied by Organza Market, Dollarama and Mercato Gelato. It’s not clear where the new location will be.

Twitter was abuzz with the news Sunday. Within two hours it was a trending topic on Twitter, not just in Winnipeg, but all over Canada.

On Monday, a man contacted the Winnipeg Sun to say he’s planning to open an unrelated family entertainment centre featuring multiple games, with laser tag as the anchor, somewhere in the south end.

“We’ll know when we’re opening in the next several weeks for sure,” said the man, who asked not to be identified.

Laser tag players wear vests equipped with infrared sensors and carry phasers or emitters that can target those sensors. When the infrared rays hit the vest, the player’s gun is deactivated for a period of time.

In many games, players hunt for the opposing team’s base, and point their phaser at it until it’s destroyed.

There are league, vampire, zombie and many other version of laser tag game rules. For more information on rules, click here.

For the past several years, Winnipeg laser tag fiends have had to make the trek to Stonewall's Laser Jungle.

[armorand93]

Originally Posted by lilwayne

Two groups say they’re bringing separate laser tag businesses to Winnipeg, although both were scarce on details Monday.

Representatives of Dark Zone have confirmed they’re building a new location. There hasn’t been a Winnipeg laser tag business since Dark Zone closed nearly a decade ago.

“We have been working tirelessly for the better part of almost two years on this project and as I’m sure you can understand, timing is everything when launching a new business. It has truly been Winnipeg’s best kept secret for almost two years now,” representatives said Monday.

“We will be releasing more and more information in the coming days and weeks via Twitter and Facebook. All I can say is that it will be locally owned and operated, by a couple of guys who have lived in Winnipeg their entire lives and who love this city!”

Dark Zone’s old location is now occupied by Organza Market, Dollarama and Mercato Gelato. It’s not clear where the new location will be.

Twitter was abuzz with the news Sunday. Within two hours it was a trending topic on Twitter, not just in Winnipeg, but all over Canada.

On Monday, a man contacted the Winnipeg Sun to say he’s planning to open an unrelated family entertainment centre featuring multiple games, with laser tag as the anchor, somewhere in the south end.

“We’ll know when we’re opening in the next several weeks for sure,” said the man, who asked not to be identified.

Laser tag players wear vests equipped with infrared sensors and carry phasers or emitters that can target those sensors. When the infrared rays hit the vest, the player’s gun is deactivated for a period of time.

In many games, players hunt for the opposing team’s base, and point their phaser at it until it’s destroyed.

There are league, vampire, zombie and many other version of laser tag game rules. For more information on rules, click here.

For the past several years, Winnipeg laser tag fiends have had to make the trek to Stonewall's Laser Jungle.

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[flatlander]

Originally Posted by vid

So essentially, you'd be applying a municipal tax to the rental income received by landlords? Unless you can make that apply only to parking lots, you would be taking a larger chunk of the rent from occupied buildings, which could cause landlords to raise rents, which could force tenants out of the core. The opposite of what we want to do.

the assessed value of a property should be based on the net income (someone correct me if I'm wrong here). the higher the net income, the higher the assessment, and the higher the taxes. of course you're taking a larger chunk of the rent from occupied buildings. can't get blood from a stone. they earn more income. progressive taxation theory suggests that the greater the income, the greater the ability to pay as there is a larger discretionary income. that is why in most provinces (except alberta I believe) and at the federal level higher income earners pay a higher percentage of tax. and many low income earners pay no tax at all.

the issue, as i understand it, is that parking lots are underassessed by the City. not sure why - the City does use formulas to calculate rental income. maybe they use incorrect assumptions?

what you seem to be talking about though is some sort of sin tax on parking lots. a tax to discourage a negative use, like taxes on cigarettes and liquor. i don't think you can finance municipal government through sin taxes alone.

i think i might be missing your point. it is not sustainable to finance a city by taxing parking stalls while class A office space gets a freebie.

[rrskylar]

A little harsh there armorand93, cut lilwayne some slack he is new.

[Chadillaccc]

Originally Posted by armorand93

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Unless you want to tell us "u wrote dis shit urself....", you might want to add these... if you can read, that is.

Rough man, take it easy!

[cllew]

Originally Posted by armorand93

Guess I'm the only person replying to this post...

Hope they do more work like this! Hopefully in St. James to get rid of whats quickly becoming urban prairie at Portage/Queen at the former Esso station.

Portage and Queen was going to be the home of the new fire station for St. James but the city dragged their feet and some adjacent property was sold before the city found the money. That is now why the fire hall is going into the middle of the route 90 interchange.

[cllew]

I see there are renovations going on in the old Princess Auto/Hangers building on Panet.

Anybody know what its for, I don't think that corner needs another health club.

[Biff]

Originally Posted by cllew

I see there are renovations going on in the old Princess Auto/Hangers building on Panet.

Anybody know what its for, I don't think that corner needs another health club.

If i remember correctly it is office space for...........that part i can't remember.

[WJG]

Not sure if this has been mentioned, but the former Chicken Delight building at Corydon/Stafford has a leased sign on it. I'm guessing it'll become a Hardee's in the near future like the owner alluded to.

[Mininari]

Originally Posted by WJG

Not sure if this has been mentioned, but the former Chicken Delight building at Corydon/Stafford has a leased sign on it. I'm guessing it'll become a Hardee's in the near future like the owner alluded to.

Hardee's? Or Harveys?

[kw5150]

Interesting Fact......

Cities like Winnipeg and Chicago spearheaded what we know today as "suburbia" Winnipeg in the 1910's to 1930's was literally a sea of the same looking houses and same trees. It became so popular that it quickly spread across North America. That is why Winnipeg and Chicago have a whole bunch of the "test communities" like Wildwood. For those of you who dont know, Wildwood is the one with no roads in the front and only back lanes.......I think. Chicago has a bunch of these test communities as well.

[kw5150]

Originally Posted by armorand93

I know that in Calgary, the Downtown restaurants are all in office towers and medium-density buildings. They're definitely doing well, and adding to the urban setting.

Calgary's urban core is great with the restaurants and retail in most of the office buildings. Lunch time downtown is a very big deal in Calgary and there are thousands and thousands of people walking around the streets. The newest craze is definitely the food trucks too which adds to the mix. They park downtown and also near parks in the Beltline. Id like to see Vancouver or Winnipeg or Edmonton at lunch as well to see how things look.