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Old Posted Jun 4, 2026, 9:19 AM
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Winnipeg | Elmwood | 545 Watt St | 7F | 565 Watt St | 7F | In Development

Two adjacent sites at 565 Watt Street and 545 Watt Street in Winnipeg's Elmwood neighbourhood are part of the City of Winnipeg's Housing Accelerator Fund (HAF) initiative. This federal-provincial-municipal program aims to accelerate affordable housing development on underused city-owned land.

In 2024–2025, the City identified several city-owned priority sites (including these Watt Street properties) for redevelopment to address Winnipeg's housing shortage.

The City issued RFPs/solicitations for developers in early 2025, emphasizing mixed-income projects with a significant portion of affordable units (at least 30% meeting city affordability criteria). Developers were selected around July 2025 as part of a broader package of five sites expected to deliver nearly 700 new units city-wide, with over 270 affordable.

The sites were sold or transferred via city processes in 2025. Subdivision and rezoning (from public works to multi-family residential) were approved by the East Kildonan-Transcona Community Committee in November 2025 and by Council in December 2025.





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Winnipeg Act II - April 2024

Winnipeg Developments

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  #2  
Old Posted Jun 4, 2026, 9:21 AM
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545 Watt St. | Lot 1

The Elmwood Hub
Location: 545 Watt St.
Neighbourhood: Munroe West - Elmwood-East Kildonan Ward (East Kildonan-Transcona Community Committee)
Developer: Elmwood Community Resource Centre | Inuka
Architect: Cibinel Architecture Ltd
Status: In development
Documents:Media: Description: The Elmwood Community Resource Centre (ECRC), current leaseholder of the City-owned property at 545 Watt Street, is developing a new mixed-use neighbourhood hub on Proposed Lot 1 — a one-acre site (43,932 sq ft) selected for affordable housing through the City of Winnipeg’s Housing Accelerator Fund Land Enhancement Office. As part of the project, the City has subdivided the land and rezoned it from R1-S to CMU (Mature Communities PDO-1 Commercial Mixed Use). The existing one-storey building will be demolished to make way for a new 78-foot-tall, mixed-use building that will serve as ECRC’s expanded home while incorporating approximately 115 mixed-income residential units above the ground floor. Of these units, 46 will be affordable (at or below 80% of median market rent), 18 will be barrier-free, and 20 units on the third floor will provide second-stage housing for survivors of gender-based violence. The residential mix includes studio, one-, two-, and three-bedroom units, supported by resident amenities such as a small gym, indoor games area, library, and sauna. The ground floor will house ECRC’s community spaces, including a gym, classroom, multipurpose room for youth programs and events, and a commercial kitchen. ECRC, a nonprofit Family Resource Centre with over 40 staff (70% from Black, Indigenous, and People of Colour communities, many of whom are local to Elmwood), currently serves more than 6,000 community members annually through programs focused on mental health, addiction recovery, immigrant settlement, employment training, and support for gender-based violence survivors. The development includes 71 vehicle parking stalls (five accessible), 77 bicycle parking spaces, and generous landscaping featuring 19 trees, 110 shrubs, and additional plantings. Outdoor amenities will include balconies, a pedestrian plaza with seating, a fenced play area, a healing garden, a contemplative garden, and a gathering plaza. This project will significantly enhance housing options in Elmwood while strengthening vital community services in a well-designed, pedestrian-friendly mixed-use building. This development is one of five sites selected for sale or lease to build affordable housing on City-owned properties through the Housing Accelerator Funds Land Enhancement Office.
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Winnipeg Act II - April 2024

Winnipeg Developments

In The Future Every Building Will Be World-Famous For Fifteen Minutes.

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  #3  
Old Posted Jun 4, 2026, 9:23 AM
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565 Watt St. | Lot 2

565 Watt St.
Location: 565-569 Watt St.
Neighbourhood: Munroe West - Elmwood-East Kildonan Ward (East Kildonan-Transcona Community Committee)
Developer: Futuremark Development
Architect: 5468796 Architecture Inc
Status: In development
Documents:        Media: Renderings | Project Thread
Description: Futuremark Development is poised to lead the construction of a mixed-income apartment complex on Proposed Lot 2 at 565-569 Watt Street, a 2.28-acre (99,044 square feet) site. The City of Winnipeg has subdivided the land and rezoned it from R1-S Mature Communities PDO- to RMF-L Mature Communities PDO-1 Residential Multi-Family (Large) district in the fall of 2025. Upon approval, the land was transferred to the developers, existing buildings will be demolished, and construction will soon begin on two 7-storey buildings delivering 241 residential units, with 30% affordable homes, with primary vehicle access from Watt Street and additional parking via the paved lane, creating a vibrant, inclusive community hub. This development is one of five sites selected for sale or lease to build affordable housing on City-owned properties through the Housing Accelerator Funds Land Enhancement Office.
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Winnipeg Act II - April 2024

Winnipeg Developments

In The Future Every Building Will Be World-Famous For Fifteen Minutes.

Last edited by Wpg_Guy; Jun 20, 2026 at 7:07 PM.
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  #4  
Old Posted Jun 4, 2026, 11:05 AM
jim_bred jim_bred is offline
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Really like the rounded balcony on the side.

Great location for some density.
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  #5  
Old Posted Jun 4, 2026, 3:11 PM
neutroniks neutroniks is offline
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Wow, that's really great and I like how it's different from the recent ground scrapers we've been getting.
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  #6  
Old Posted Jun 4, 2026, 3:18 PM
bomberjet bomberjet is offline
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Nice. Site 2 is quite the building(s). All the buildings are connected and have multiple elevated walkway connections.
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