Quote:
Originally Posted by TallBob
So this is two 500' proposals for Winnipeg?
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Yes. It's looking like the taller one will start digging in 2017 but this one will most likely go ahead before then because it's supposed to be rentals. A very tall apartment tower is kind of a strange thing in Canada (usually they're condos) but this market is a little different. Due to years of rent control the demand has been building for some time. The current government finally began to relax some of those controls and construction of apartments started up again. This is by far the largest apartment block proposed, though. Biggest thing in decades.