Big stake for Ont. developer
Wants rural investments, not just urban
A Mississauga-based developer is sinking some deep roots in Manitoba, with plans to open a regional headquarters here and to spend up to half a billion dollars over the next 10 years on new commercial developments in the province.
The bulk of the projects will involve the development of new hotels, condominium complexes and apartment blocks in Winnipeg and rural centres.
The new regional office for the Prairies -- the company is also looking to expand into the Saskatchewan and Alberta markets -- will be housed in a new three-storey, 9,000-square-foot building to be built adjacent to the Berry Street hotel. The hope is to have the building completed by the fall of next year.
The regional office will be housed on the top floor of the building, and the plan is to open a Turkish spa on the second floor and a brand-name restaurant on the ground floor.
http://www.winnipegfreepress.com/breakingnews/big-stake-for-ont-developer-229654701.html
Ontario developers, come on down..
List of projects currently underway or proposed in the article.