Winnipeg | 634 Portage Ave | 20F | 215ft - Page 4

pegcityboy · #61 Posted **Feb 27, 2022, 5:25 AM**

Maybe they are waiting for The Halo 2 buildings on Pembina to be finished and the former Osborne Village Inn to be near completion before they start 634 Portage , 3 projects all at once could be too much for them to handle .

esquire · #62 Posted **Mar 15, 2023, 2:17 PM**

Is this project dead?

drew · #63 Posted **Mar 15, 2023, 2:32 PM**

^ even if it isn't, their current demonstrated rate of construction in Osborne Village is about a floor every 2 years. So this would be about a 40 year build out for this developer.

WinCitySparky · #64 Posted **Mar 15, 2023, 2:38 PM**

lol oh Winnipeg

ColdRain&Snow · #65 Posted **Oct 26, 2023, 9:58 PM**

Anyone heard anything recently about this project?

WinCitySparky · #66 Posted **Oct 26, 2023, 10:10 PM**

Nope, I’m betting they won’t do anything until Halo Towers are done and leased up at least.

ColdRain&Snow · #67 Posted **Oct 26, 2023, 11:19 PM**

Quote:

Originally Posted by WinCitySparky

Nope, I’m betting they won’t do anything until Halo Towers are done and leased up at least.

I see, fingers crossed.

WinCitySparky · #68 Posted **Oct 27, 2023, 2:19 AM**

This is just my random internet forum person assumption based on the fact they have a whole bunch of projects ongoing and probably can’t finance them all at once. Also apparently REITs aren’t doing so hot right now.

ColdRain&Snow · #69 Posted **Oct 27, 2023, 2:27 AM**

Quote:

Originally Posted by WinCitySparky

This is just my random internet forum person assumption based on the fact they have a whole bunch of projects ongoing and probably can’t finance them all at once. Also apparently REITs aren’t doing so hot right now.

"634 Portage Ave will start construction as soon as the Halo Towers are completed." - WinCitySparky, 2023

WinCitySparky · #70 Posted **Oct 27, 2023, 3:38 AM**

Biff · #71 Posted **Oct 27, 2023, 1:15 PM**

Private Pension Partners will also be starting a 3 building project on Shaftsbury next to the Tuxedo Golf course. You know the one where all the NIMBY neighbours lost their minds asking us to think of the children, they are taking our parkland. It is a vacant field with an old house on it.

Thankfully it was approved and they hope to start next year. This project will proceed ahead of the Portage project.

WinCitySparky · #72 Posted **Oct 27, 2023, 2:20 PM**

Love to see the NIMBYs squirm and scream!

WinCitySparky · #73 Posted **Apr 12, 2024, 12:35 AM**

Pulse check on this baby

FactaNV · #74 Posted **Apr 12, 2024, 12:47 AM**

Quote:

Originally Posted by WinCitySparky

Pulse check on this baby

I think it's on hold until the money lines up for P3, so probably waiting for a rate cut.