Quote:
Originally Posted by esquire
The City is reporting $500,000 annual losses on the tower portion of the complex, which sits mostly empty.
https://www.winnipegfreepress.com/lo...574592692.html
I find it hard to believe that an organization as large as the City of Winnipeg, which occupies all kinds of leased space, couldn't find some kind of internal use for the tower. I get the impression that the cops are just itching to demolish it and the City seems happy to go along with that.
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I'd imagine that the costs of breaking leases early, moving staff and work spaces, and renovating the new space in the tower to be up to current working standards (which honestly aren't great in most city-occupied buildings) is much more than whatever cost savings would be achieved in the long run from leaving existing buildings. The City isn't renting Class A office space at Portage and Main or True North Square (well, unless your Economic Development Winnipeg), but leasing crappy Class B and C space at places like 457 Main and Fort Garry Place.
Plus with work from home policies maybe leading to more municipal staff working from home permanently or part-time, there may be an opportunity to consolidate office space in existing locations and lead to less demand, not more.