Winnipeg | 300 Saint Mary Avenue | 14F | Mixed-use Apartments - Page 10

WinCitySparky · #**181** Posted **May 4, 2023, 1:21 AM**

Maybe it will make a nice skate park.

I give it 2 weeks before BATER and DOUBT appears emblazoned all over the outside.

cllew · #**182** Posted **May 4, 2023, 1:41 AM**

Quote:

Originally Posted by Flatland Metropolis

Unfortunately a big L for the developer and the city. This is looking more and more like another downtown parking lot/parkade.

Clause in the agreement to purchase the existing parking lot 300 St. Mary is located on does not allow general parking on the site. Only for apartments building tenants and visitors to the commercial sites.

The previous owner probably got their money already so I don't think there is any incentive for them to remove the clause to make it easier to market the building.

Off the top of my head this clause expires in 2040 or 2045 from what I read in the trustees preliminary report.

esquire · #**183** Posted **May 11, 2023, 1:23 PM**

Man I hope whoever buys this can get it going again. The thought of this sitting fallow for years or decades to come is hard to bear, even if it's not realistically any worse than the surface parking lot that was there before.

bomberjet · #**184** Posted **May 11, 2023, 2:27 PM**

I would think someone could buy it and at least just turn it into a two storey building of some kind.

WinCitySparky · #**185** Posted **May 11, 2023, 4:04 PM**

Quote:

Originally Posted by bomberjet

I would think someone could buy it and at least just turn it into a two storey building of some kind.

If that happens it just adds to the “failed city” painting

Highwayman · #**186** Posted **May 11, 2023, 9:20 PM**

Quote:

Originally Posted by esquire

Man I hope whoever buys this can get it going again. The thought of this sitting fallow for years or decades to come is hard to bear, even if it's not realistically any worse than the surface parking lot that was there before.

We sure have alot of the foundation finished buildings in the core now at full stop lol. I would think though that someone would snag this up as it has to be worth something seeing as the foundation is done and I'm guessing that's a good part of the cost of a new tower. Even a hotel would work.

esquire · #**187** Posted **May 11, 2023, 9:41 PM**

Quote:

Originally Posted by Highwayman

We sure have alot of the foundation finished buildings in the core now at full stop lol. I would think though that someone would snag this up as it has to be worth something seeing as the foundation is done and I'm guessing that's a good part of the cost of a new tower. Even a hotel would work.

It's like whack-a-mole. The foundation at Winnipeg Square was finally put to use by a new tower, then two more foundations popped up.

OTA in Winnipeg · #**188** Posted **May 11, 2023, 9:54 PM**

^Let's not forget the two at Portage Place

WinCitySparky · #**189** Posted **May 11, 2023, 11:03 PM**

lol oy vey

zalf · #**190** Posted **Jun 26, 2023, 3:43 PM**

Were there any interested bidders on this thing?

Biff · #**191** Posted **Jun 27, 2023, 3:10 AM**

Last week I noticed 5 or 6 cars behind the construction fencing with a bunch people wandering around.

trueviking · #**192** Posted **Jun 27, 2023, 4:57 PM**

probably won't know the path forward until October sometime.

pacman · #**193** Posted **Jun 28, 2023, 12:40 PM**

Anyone know if the site fencing and lane closures are going to shrink in the meantime while we wait for resolution? We are a car city after all lol.

Jeff · #**194** Posted **Sep 14, 2023, 5:09 PM**

wonder if this would be enough to make this project viable again?

https://www.cbc.ca/news/politics/lib...ents-1.6966608

trueviking · #**195** Posted **Sep 14, 2023, 5:32 PM**

Will help for sure. As will the TIF that is now available. Possibly money from the accelerator fund.

fingers crossed.

bomberjet · #**196** Posted **Sep 14, 2023, 5:35 PM**

What's the status of the property? Was it sold? Can the original developer make another go at the project?

trueviking · #**197** Posted **Sep 14, 2023, 9:50 PM**

should find out in October, maybe.

ColdRain&Snow · #**198** Posted **Sep 15, 2023, 3:27 AM**

The property is still listed on Realtor.ca, not sure if that means anything.

https://www.realtor.ca/real-estate/2...ld-st-winnipeg

rivercity · #**199** Posted **Oct 5, 2023, 4:37 PM**

Couple pick up trucks on-site when I just walked past and they are pumping water out of the basement. Any one heard any news?

WildCake · #**200** Posted **Oct 5, 2023, 7:25 PM**

Quote:

Originally Posted by ColdRain&Snow

The property is still listed on Realtor.ca, not sure if that means anything.

https://www.realtor.ca/real-estate/2...ld-st-winnipeg

Alright, do we all pitch in $20 to put a bid in on getting this thing done?