Quote:
Originally Posted by Riverman
Development has to pay back for those who invest in it. There is no point in development without returns on investment. In Winnipeg, it is very difficult.
If you feel there is potential in redevelopment of the areas you noted, write up a business plan and find investors.
Edit: Basically repeating what Cyro said.
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Well let's start...
In Winnipeg today we don't have to expropriate but rather just buy blight as CV did with hotel beverage rooms. As for South Point D, the city already owns a number of parcels and hopefully they or Forks North Portage will be able to acquire the land on the point.
There is an extension of the water front drive walkway happening now with a vista canoe/ boat launch being constructed as we speak. It's a beautiful start.
Instead of expropriating, subsidize companys to locate in these areas or have more institutions there. I think the Waterfront Drive model has worked very well for moving us forward. Any government funds expended have almost been recovers in realty taxes.
Who would have thought a great spot like Joe and Lily, the new Peg Brewery or Mere would so completely change an area in such a short time.
While I have some design issues with Sports Manitoba it's use is great and will bring a lot of people to the area. It's parkade will go a along way in addressing this perceived parking shortage. ( Which I do not really see).
The Canada Cartage waterfront site owned by Leon A. Brown Ltd. could be transformational for the East Exchange and South Point Douglas but the City, Province and Federal Governments will have to help with infastructure. (Roads, parkways, transportation).
If hundreds of millions can be found for an underpass and a police station, surely a few million could be found for these things and the restoration of the Alexander Street Docks.
I feel Forks North Portage may be moving in the right direction and organic growth is taking hold.
Finally one needs patience and time. If a poster is under 30 it may seem like forever to get anything done. If your 50, one has seen HUGE changes in Winnipeg in the last 10 years.
Winnipeg is not and will never be Toronto or Vancouver but it is starting to move along just fine. There is nothing as rich as a true urban life and lifestyle. I hope some of our older neighbourhoods embrace it and young people see the pleasure of living there.
Just keep supporting local urban business and pay the extra nickel for the pleasure. Leave Walmart for those unaware of a truely rich urban life!
And yes, Parlour and Joe and Lily do make great coffee and add to the area in unimaginable ways. And to think, it's right beside the Woodbine! Just wait for Peg Brewery to open in the next two months. I saw them unloading the steel tanks last week!