Winnipeg | Downtown | True North Square | U/C

[dmacc]

I hope you're right, I'm a bit more pessimistic though. I think after TNS and 300 main are built that we will see a slower growth in the downtown. I believe the apartments at 300 Assiniboine are only 30% filled. It may take a little longer to fill those suites. With the sale of 185 Smith we are essentially adding an extra apartment building to the market. I think we may see a bit of a pause to the building downtown. I do however believe we will see the positive windfalls as those sites begin to fill. We should see an increase of 25-30% in the downtown population. That will help with the critical mass, I just think were looking at something that will take closer to a decade to come to fruition.