I realize no one cares at this point about my little Portage and Main asides in this four-alarm shitstorm, but screw it, I'm going ahead with it
Quote:
Originally Posted by lio45
Wonder what kind of owners own those lots, and whether they're owned by the same people/entities who own office towers nearby or not (if it's the case, then I don't expect them to be for sale, nor cheap if they ever are, and they're also less likely to be developed). Did any of these parking lots change owners recently? Are they selling for a lot (by Winnipeg standards)?
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When I first joined this forum I was a co-op student at the City of Winnipeg... one of the greatest toys I got to play with was a GIS application that showed every parcel of land in the city and if you clicked it, you got the key facts and figures including registered owner. I clicked on a lot of surface lots and from what I can tell, it was damn near impossible to intuitively connect land to individual owners in most cases. It was mainly a ton of numbered companies, not all from Manitoba.
I'm sure many of those properties are owned by people who have no real connection to Winnipeg anymore, e.g. Milton Rabinovich owned a sewing factory in an old warehouse, his kids moved to Toronto, Phoenix and Miami, the factory closed down, was demolished, turned into a parking lot and now Milton's grandchildren scattered across North America each get a cheque every month from Impark with the proceeds. Getting them to turn their minds to developing a plot in a city that they have no real connection to would be almost impossible.
That said, there are some parcels that are owned by companies with the means and inclination to develop them. James Richardson & Sons owns the land just east of their office tower at Portage and Main... they have pitched some significant developments but it never worked out. They recently built a small but beautiful building designed by trueviking of this forum... Here it is:
Winnipeg's minor league baseball park is adjacent to Richardson's new building... the lease for it includes a couple of surface lots that the City owns and wants to put up for development, but the owner of the ballpark (surprise) doesn't want to relinquish them because he wants the steady parking revenue.
The bottom line here is that the area in question only became a reasonable prospect for commercial development in the early 90s when the railyards moved out. And for the first decade of that period, nothing was happening at all in downtown Winnipeg. Really since WWI most commercial development downtown happened either on or west of Main Street, so the area in question has lagged.