The Value of Investing in Canadian Downtowns - International ...
The Value of Investing in Canadian Downtowns - International ...
The Value of Investing in Canadian Downtowns - International ...
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WINNIPEG<br />
Grow<strong>in</strong>g <strong>in</strong> strength and confidence<br />
Snap Shot <strong>of</strong> W<strong>in</strong>nipeg<br />
“We’re extremely confident, the<br />
plans laid out will dramatically<br />
change how people th<strong>in</strong>k about<br />
downtown W<strong>in</strong>nipeg.”<br />
Prov<strong>in</strong>cial capital <strong>of</strong> Manitoba<br />
Approximate geographical centre<br />
<strong>of</strong> North America<br />
Fork <strong>of</strong> Ass<strong>in</strong>ibo<strong>in</strong>e and Red Rivers<br />
Quality heritage features<br />
Grow<strong>in</strong>g downtown core with<br />
strong concentration <strong>of</strong> commerce<br />
Home <strong>of</strong> the W<strong>in</strong>nipeg Jets<br />
114<br />
At the turn <strong>of</strong> the 20 th century, W<strong>in</strong>nipeg was a major centre for trade and the<br />
city was fortunate enough to have its core built by some <strong>of</strong> the world’s best<br />
architects from this period. <strong>The</strong> downtown is also blessed with the Ass<strong>in</strong>ibo<strong>in</strong>e<br />
and Red Rivers’ that <strong>in</strong>tersect on the east side <strong>of</strong> the core. <strong>The</strong>se prized<br />
assets have greatly contributed to the strong resurgence that downtown<br />
W<strong>in</strong>nipeg has been experienc<strong>in</strong>g over the past few decades. Confidence <strong>in</strong><br />
the downtown has been recently bolstered by the return <strong>of</strong> the W<strong>in</strong>nipeg Jets<br />
and major public projects, such as the <strong>Canadian</strong> Museum <strong>of</strong> Human Rights.<br />
However downtown W<strong>in</strong>nipeg cont<strong>in</strong>ues to face a range <strong>of</strong> challenges, such<br />
as reta<strong>in</strong><strong>in</strong>g momentum, relatively slow population growth, manag<strong>in</strong>g social<br />
problems <strong>in</strong> the core, perceptions <strong>of</strong> crime, as well as ma<strong>in</strong>ta<strong>in</strong><strong>in</strong>g and<br />
enhanc<strong>in</strong>g some older <strong>in</strong>frastructure and heritage build<strong>in</strong>gs.