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Old Posted May 20, 2022, 4:23 PM
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trueviking trueviking is offline
surely you agree with me
 
Join Date: Sep 2004
Location: winnipeg
Posts: 13,458
thanks Biff. That's correct.

The southern half of the site is what the design competition was based on. It will be the creative hub on the bottom two floors, https://www.marketlands.ca/creative-hub
affordable housing above, and a public market building near the street. This is being worked on. Like every single project currently in development, it is facing cost escalation challenges.

The north half of the site will be sold to a developer or developers, to build out the rest of the property with private development. There is some interest that is being worked through, but these properties are still available. These developments have no bearing on the south half proceeding or not. It is very challenging to create a high performance affordable housing project, but it will happen as the hurdles are crossed.

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