Another article about the PP development:
https://www.cbc.ca/news/canada/manitoba/true-north-portage-place-redevelopment-1.7045553
Interesting and encouraging that the PP and Bay building redevelopments seem to be more actively working together to complement each other's projects.
from the article:
"I think they're equally important and I think both organizations, as we have evolved together in our thinking, would be encouraging the other and then encouraging our respective public partners for joint success."
This statement is no platitude. SCO and True North appear to need each other — and not just because it makes zero sense to spend hundreds of millions redeveloping one massive downtown edifice while another sits empty across the street.
To date, SCO has only announced $110 million worth of financing toward a Wehwehneh project it initially costed out at $130 million. The organization also had plans to place a health clinic within that facility.
Removing some or all of that component from the former Bay building and relying on the clinic True North has proposed for the base of its Portage Place health-care tower instead could free up some SCO funds for the rest of the Wehwehneh project
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