21.01.2014 Views

The Value of Investing in Canadian Downtowns - International ...

The Value of Investing in Canadian Downtowns - International ...

The Value of Investing in Canadian Downtowns - International ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

LIVABILITY<br />

Is the downtown vibrant, liveable & connected?<br />

Population<br />

Between 1996 and 2006 the population <strong>of</strong> downtown<br />

grew by just under 2% and the City <strong>of</strong> W<strong>in</strong>nipeg grew<br />

by a similarly modest amount <strong>of</strong> just over 2%. <strong>The</strong><br />

most significant rise <strong>in</strong> population <strong>in</strong> downtown<br />

W<strong>in</strong>nipeg was between 1986 and 1991 when the<br />

population grew by one-fifth. This growth appears to<br />

co<strong>in</strong>cide with the establishment <strong>of</strong> W<strong>in</strong>nipeg’s Core<br />

Area Initiative, which <strong>in</strong>volved development <strong>of</strong> some<br />

new social hous<strong>in</strong>g. Downtown W<strong>in</strong>nipeg still relies<br />

heavily on its daytime population for vitality, as well as<br />

visitors to the city’s arts, cultural and enterta<strong>in</strong>ment<br />

facilities.<br />

city, WPS stats from 2011 show a 26% decrease <strong>in</strong><br />

crime, downtown experienced a decrease <strong>of</strong> 44%.<br />

However, downtown W<strong>in</strong>nipeg struggles with some<br />

image problems <strong>in</strong> relation to crime, particularly along<br />

parts <strong>of</strong> Portage Avenue. Increas<strong>in</strong>g efforts by the<br />

W<strong>in</strong>nipeg BIZ and the Centre Venture will likely help<br />

address these issues. Moreover, as more people<br />

come back and revisit the downtown they will likely<br />

get to experience and enjoy all the positive changes<br />

that have occurred and be able to revaluate past<br />

views.<br />

Land Uses<br />

Diversity<br />

Downtown W<strong>in</strong>nipeg has a diverse population. In<br />

2006, the downtown had a higher proportion <strong>of</strong><br />

people that identify as aborig<strong>in</strong>al (16%) compared to<br />

citywide (10%). Additionally a third <strong>of</strong> the population<br />

identify as a visible m<strong>in</strong>ority, 7% <strong>of</strong> the population<br />

identifies as Filip<strong>in</strong>o, 10% identifies as Black, and 7%<br />

identifies as Ch<strong>in</strong>ese. Downtown W<strong>in</strong>nipeg also has a<br />

younger population pr<strong>of</strong>ile with a third <strong>of</strong> the<br />

population (34%) aged between 20-34 compared to<br />

under a quarter City wide (21%). Additionally over half<br />

the population (55%) is s<strong>in</strong>gle, compared to 35%<br />

citywide.<br />

Hous<strong>in</strong>g<br />

Hous<strong>in</strong>g <strong>in</strong> downtown W<strong>in</strong>nipeg is comprised almost<br />

entirely <strong>of</strong> apartments (99%) compared to 31% city<br />

wide. Downtown W<strong>in</strong>nipeg also has smaller<br />

household sizes than the rest <strong>of</strong> the City, 1.6<br />

compared to 2.4, which <strong>in</strong>dicates that attract<strong>in</strong>g<br />

families to downtown rema<strong>in</strong>s a challenge.<br />

Safety<br />

W<strong>in</strong>nipeg Police Service crime statistics s<strong>in</strong>ce 2001<br />

have shown a downward trend <strong>in</strong> crimes aga<strong>in</strong>st<br />

people and property <strong>in</strong> downtown. Less than 10% <strong>of</strong><br />

assaults <strong>in</strong> W<strong>in</strong>nipeg occur downtown. Across the<br />

Commercial 37%<br />

Industrial 8%<br />

Institutional 16%<br />

Residential 8%<br />

Open Space 4%<br />

Transportation 13%<br />

Vacant 14%<br />

122

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!