Current Development:
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Originally Posted by Wpg_Guy
TN & SCO are partnering to built the 300,000-sq.-ft, 12-storey Health-Care Centre of Excellence, government has committed to being the tenant in the new tower, letter of intent was signed for 35-year lease agreement.
* target for completion of construction in 2028 (health Centre)
* purchase of portage place to close in June 2024
* demolition to begin in 2024 calendar year
* TN partnering with PCL
* confirmation of shared ownership TN & SCO of a 15-storey multi-family tower with 200+ units
* TN to gift west skywalk bridge to The Bay to SCO for ownership and programming
* Residential tower anticipated construction start in 2025 and target completion in 2026
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Portage Place Revitalization
Location: 393 Portage Ave
Developer: True North Real Estate Development (TNRED)
Architect: Architecture49
Status: U/C
Documents: Community Engagement Summary Report | Phase 2 - Community Engagement Summary Report | Overall Campus plan | Campus Redevelopment Plan - September 2024 | Development Updates
Project Thread: Portage Place Redevelopment
Media:Description: TNRED’s $650-M plan for Portage Place is intended to improve the urban health of downtown Winnipeg, and is based on the notion of breaking down the large monolithic structure into four simple zones providing for
'health equity';
'public spaces & greenways';
'neighbourhood services culture & arts'; and
'housing & food equity'. The project will include a 300,000-sq.-ft, 12-storey
Healthcare Centre of Excellence anchoring the east end of the development, featuring primary care with integrated mental health services, surgery, diagnostics and renal dialysis, and which will also become the new home for expanded Pan Am Clinic programs. With the view to a sustainable and adaptive re-use of much of the existing structure, the building will undergo a significant metamorphosis from an internalized mall structure to a more open, accessible, and outward-facing development with a mandate to serve and connect its community and allow the downtown communities to thrive once again.
Architect: Number Ten Architectural Group
Status: In development
Media:Description: A 19-storey residential tower will add 200 new housing units, up to 40 percent of which will be affordable as part of a historic not-for-profit partnership with
Southern Chiefs’ Organization (SCO), named TN-SCO 92 Housing Inc. The tower will rise above the existing Portage Place west end podium. Through connections at the street level, and the second level skywalk, residents will be able to access new and exciting amenities in the downtown community. This project is a recipient of the
Housing Accelerator Fund Capital Grant Incentive
Winnipeg Regional Real Estate News
Quote:
True North Real Estate Development acquires Portage Place mall
By Christina Klysh | December 3, 2024
True North Real Estate Development (TNRED) has acquired Portage Place mall, land and assets, from North Portage Development Corporation, Premise Properties and Spruceland Mall Ltd. effective Nov. 29, 2024. The 1.2-million-square-foot mall is spread out over 6.4 acres of downtown land with over 930 feet of frontage along Portage Ave.
Final document execution occurred late afternoon, Friday, Nov. 29 at 5 p.m. CT in Winnipeg, Man.
“We are excited to undertake the transformation of this property into a place that will drive economic and social activity and help reconnect our communities. The redevelopment plan will be based on core deliverables in multi-family and affordable housing, healthcare, neighbourhood and community spaces, parks, retail and parking. The vision is further founded on principles of downtown revitalization in the core, economic reconciliation and rekindling the energy of the city’s downtown. It is truly a generational opportunity,” said True North Real Estate Development President, Jim Ludlow.
Work on the project will progress in phases with preparatory activities beginning this year and foundational work to advance the health and housing projects commencing in April 2025.
“Years of planning and diligence has allowed our TNRED team, partners and stakeholders to envision a new community-first campus that truly serves our downtown and gives Winnipeggers another reason to reconnect with and love their downtown. The project will now immediately mobilize to prepare for this monumental transformation,” added Ludlow.
“We are delighted to announce that Portage Place is now in the capable hands of True North Real Estate Development,” said Avtar Bains, President of Premise Properties. “As previously highlighted by Mr. Ludlow, the consolidation of the Portage Place lands, parking, and building under a single entity marks a pivotal moment. This alignment paves the way for their ambitious redevelopment plans, which we believe will significantly benefit the citizens of Winnipeg and the broader Manitoba community for generations to come. The envisioned redevelopment will not only secure the future of downtown Winnipeg but also foster a dynamic environment that encourages further investment and growth in the area. We deeply appreciate the commitment, resilience, and vision that True North has demonstrated throughout this process. Their dedication to Winnipeg and its citizens reflects their strong sense of responsibility and purpose.”
The transaction includes the purchase of the land and parking facilities beneath the property, formerly owned by the Forks North Portage Partnership.
“We’re very grateful to have a committed downtown partner in True North Real Estate Development and look forward to seeing the plans and economic reconciliation come to life in the North Portage neighbourhood,” said Sara Stasiuk, President & CEO, The Forks North Portage. “This should be a place for people, community, and the economy to thrive, and by facilitating this sale, The Forks North Portage is creating more opportunity for all of these things.”
The project will include a 265,000-square-foot Healthcare Centre of Excellence anchoring the development, featuring primary care with integrated mental health services, surgery, diagnostics and renal dialysis, and which will also become the new home for expanded Pan Am Clinic programs.
A 15-storey residential tower will be developed as part of a historic not-for-profit partnership with Southern Chiefs’ Organization (SCO), named TN-SCO 92 Housing Inc., based on Call to Action #92 of the Truth and Reconciliation Commission of Canada. With equal ownership and governance, the housing tower will include more than 200 units with up to 40 percent of these units being rented at affordable rates, below 80 percent of the median market rents for the area, with profits reinvested in housing and public spaces in and around the campus.
“This is a day filled with excitement and hope as SCO and our partners from True North take the next steps in revitalizing downtown Winnipeg,” said SCO Grand Chief Jerry Daniels. “TN-SCO 92 Housing Inc. brings good jobs, new homes, and access to healthcare within walking distance of our First Nation citizens. Now we can truly begin the work on this project that will become a shining example of economic reconciliation in action.”
The central core of the redevelopment will include neighbourhood services and retail, a full-scale grocery store, and public spaces.
True North Real Estate Development (TNRED) is a well-known Winnipeg-based developer and owner of mixed-use real estate and sports entertainment assets in Winnipeg, including the 1.5 million-square-foot transformative mixed-use True North Square. Together with its investment partners at Megill, James Richardson & Sons Limited and Osmington, TNRED remains committed to a better Winnipeg through the pursuit of real estate developments that produce meaningful social and economic impacts, and that contribute to the growth and development of the downtown core and to attracting people to live, work and play downtown.
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Former proposal
Portage Place Redevelopment
Location: 393 Portage Ave
Architects: ARK /
PETROFF
Developer: Starlight Investments
Status: In development stage
Media: Portage Place to undergo up to $400-M retrofit, multi-income residential towers added
Description: $400m+ retrofit of exisiting mall; two 20-storey rental residential towers with 500 to 550, new shopping, office spaces, and as a pedestrian-friendly courtyard

• Development of a Complete Community
| • Active Mixed-useUrban Landmark
| • Diverse Mixed-use Programthat integrates live, work,learn, shop and pla
• Local Markets,Pop-up Programming,Seasonal Events,Concerts and Gatherings
• Purpose-built Multi-Familyand Student Rentals;+/-600 units
| • Indigenous StudentFamily Housing• Seniors Aging-in-Place Model
• Purpose-built Market and Targeted Rental Housing as a catalyst forlive/work/play model increasing vibrancy, activity,security and safety in the downtown core
• CPTED principles
| • Street-related Retail
| • Illuminated Elevated Exterior Skywalk
| • Eyes and Ears on the Streetwith Outward Facing Retailand Commercial Spaces
| • Street Linkage
• Elevated Skywalk system relocates circulation from the building interior to the exterior public realm
• Ground-related Pedestrian Walkways relocates circulation from the building interior to the exterior public realm integrating street fabric and transit
• Grocery Store and Local Markets
| • Child Care and Elder Care
| • Community Health Hub and Professional Services
| • Community Gardens, Green Roofs, Urban Farm
• Commercial and Office Spaces
• Adaptive Re-use of Major Downtown Facility | • LEED Gold or Equivalent targeted | • Micro climate Support for year-round public comfort-wind, solar and shadow | • Green and Reflective Roof
• Locally Sourced Durable Materials | • Focus on Health and Well-being, Daylight, Building Orientation

• Local Markets, Pop-up Programming, Seasonal Events, Concerts and Gatherings

• Pedestrian linkages at grade reconnect the city and bring a human-scale to Portage Place, dividing the existing massing into distinct elements

• Existing street fabric –Kennedy and Edmonton Streets extend through the site as pedestrian connections knitting north and south Winnipeg together

• Urban Squares and Courtyards transform the new pedestrian connections into all-season public realm open space
• Landscaped Public Realm
| • Welcoming spaces and amenities for local community including public spaces for gathering, sitting,relaxing and visiting
Quote:
A downtown mall will soon see a major upgrade in hopes of alleviating its worsening woes.
Portage Place mall will be “retrofitted” starting in 2021, and replaced with two 20-storey rental residential towers. New shopping and office spaces, as well as a pedestrian-friendly courtyard, are also included in the plans.
In an exclusive interview with Global News and 680 CJOB, Starlight Investments, which bought Portage Place earlier this year, says it’s time the embattled downtown mall gets a major overhaul.
“Well, it’s exciting,” said Glen Hirsch, chief operating officer of Starlight Investments. “We are looking at a meaningful revitalization of the SHED (Sports, Hospitality, Entertainment District) district in Winnipeg.”
The retrofit and addition of the rental housing towers will cost anywhere from $300-400 million and take four to five years, said Hirsch, and the towers will have 500 to 550 rental units of varying sizes. Starlight is also looking at finding a grocery chain for the space, he added.
It’s their hope, he said, that the new development will connect both ends of the mall and bring communities together in a safe environment, said Hirsch.
The glass and glazing effect means that “you have no choice but to see the people around you, walking with you and walking on the street below you,” he said.
The skywalk system attached to the mall will stay, but will be placed on the outside of the structure, said Hirsch.
Other elements, like eliminating closed-off spaces, will make the area safer, he added.
Hirsch said despite the many issues with Portage Place, the mall does not need to be demolished.
“I would say that it needs a lot of work. We’ve got a lot of ideas of how to reconfigure the space, particularly as we look at the interior,” said Hirsch.
“The mall was built in the late ’80s. The utilization of space like that has evolved.”
Josh Kauffman, head of development and construction for Starlight Investments, said there is opportunity with rental apartments in downtown Winnipeg.
“We’re going after a diverse demographic,” said Kauffman. Community consultations will include feedback from various groups that may want to rent the apartments, including students, Indigenous families, downtown workers and more.
That feedback will help the group determine sizes for the apartment buildings and how many bedrooms there will be. As for rent costs, it will depend on sizes and consultation, according to Kauffman.
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