Posted Jul 28, 2023, 4:06 AM
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Join Date: Aug 2002
Location: Winnipeg, Manitoba
Posts: 5,498
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Quote:
The Manitoba government is also providing up to $2.73 million under the MWCI program to support the development of a new 21-storey commercial and residential apartment at 308 Colony St. in Winnipeg, contributing to downtown revitalization and mixed-used spaces, said Wharton.
The $70.5-million project, being developed by University of Winnipeg Community Renewal Corporation (UWCRC) 2.0, will create 214 apartment units with two office or commercial spaces on the ground floor. The inclusive high-rise community will neighbour Muse Flats and the Downtown Commons, and is being designed for net-zero greenhouse gas emissions, in alignment with the goals of Manitoba’s Green Building Program and Green Building Policy.
“As a mixed-use commercial and residential development project that will feature affordable housing units, this new building will revitalize downtown Winnipeg in a socially-inclusive way,” Wharton said. “In addition, it will create opportunities and jobs in retail and construction that will support our province’s ongoing economic recovery.”
Of the 214 new units at 308 Colony, 86 will be set aside for affordable housing including 38 studio and 48 one-bedroom apartments. Just over 20 per cent of all suites will be barrier-free or barrier-free-adaptable, with fully accessible common areas, including an outdoor greenspace terrace, gym, lounge and laundry facilities. The project has also received an additional grant of $577,000 from Efficiency Manitoba toward the installation of an innovative heating system, Wharton noted.
“This groundbreaking development will establish itself as a national frontrunner in sustainability, given its status as a net-zero carbon building with exceptional energy efficiency,” said Jeremy Read, CEO, UWCRC 2.0 Inc. “The construction of the innovative building is set to generate over 200 jobs, during the course of construction, and over 10 jobs on a permanent basis after, fostering economic growth and prosperity in Winnipeg. Furthermore, 308 Colony Street embraces a mixed-income approach which will offer long-term stability, and a brighter future for residents, particularly those residing in affordable units.”
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MANITOBA GOVERNMENT INVESTS IN AFFORDABLE HOUSING IN DOWNTOWN WINNIPEG
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