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Old Posted Apr 28, 2022, 2:21 PM
soewnz soewnz is offline
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Join Date: Aug 2021
Location: Winnipeg
Posts: 23
I'm kind of surprised that there hasn't been more discussion on here about The Bay building, but I guess it is kind of a hot potato! I'd like to set aside the heated parts of the discussion and just say that I'm really wondering about the budget numbers that are being thrown around:

https://www.cbc.ca/news/canada/manit...sfer-1.6427921

So this CBC article puts the budget at $130M, but the number of "up to $111M" just to bring it up to code has been thrown around for a long time - is it just me, or does it seem like a budget of way more than $130M would be required?

Looking at the most recent project of a similar scale and scope, Winnipeg Police Headquarters, it ended up costing $200M and is now falling apart. I'm not sure about the challenge of converting that building to a police HQ vs. converting The Bay to housing, museum, etc., but it just seems to me that the budget for The Bay is being grossly underestimated.

Thoughts?


Last edited by soewnz; Apr 28, 2022 at 2:25 PM. Reason: Add photo
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