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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Downtown W<strong>in</strong>nipeg has a diverse mix <strong>of</strong> land uses.<br />
Commercial and <strong>in</strong>stitutional uses make up over half<br />
<strong>of</strong> the downtown land area, while an <strong>in</strong>dustrial legacy<br />
persists <strong>in</strong> downtown W<strong>in</strong>nipeg’s warehous<strong>in</strong>g district.<br />
Residential parcels occupy almost a tenth <strong>of</strong> land<br />
area. <strong>The</strong> downtown is fortunate to have open space<br />
extend<strong>in</strong>g around its eastern boundary.<br />
Public Realm<br />
<strong>The</strong>re has been significant effort to enhance the<br />
public realm <strong>in</strong> downtown W<strong>in</strong>nipeg. This effort has<br />
been particularly strong <strong>in</strong> areas where residential<br />
growth is be<strong>in</strong>g encouraged, such as along<br />
Waterfront Drive (site <strong>of</strong> the downtown’s newest<br />
residential community), and <strong>in</strong> the Exchange District.<br />
Effort has also been made to upgrade one <strong>of</strong> the<br />
downtown’s established neighbourhoods, Central<br />
Park, to make the park safer and more attractive as a<br />
dest<strong>in</strong>ation. <strong>The</strong>se areas provide excellent examples<br />
<strong>of</strong> quality design and <strong>in</strong>vestment <strong>in</strong> spaces that many<br />
more people now gravitate toward.<br />
Yet, the downtown still has some ways to go, as one<br />
<strong>in</strong>terviewee expla<strong>in</strong>ed that downtown W<strong>in</strong>nipeg (with<br />
the exception <strong>of</strong> <strong>The</strong> Forks) has not yet emerged as a<br />
dest<strong>in</strong>ation people to go – ‘to just hang out.’<br />
Cont<strong>in</strong>ued effort to enhance the public realm will likely<br />
contribute to the attractiveness <strong>of</strong> downtown<br />
W<strong>in</strong>nipeg as a place to simply relax and spend time.<br />
Connectivity<br />
Two rivers and two transcont<strong>in</strong>ental railway l<strong>in</strong>es<br />
dom<strong>in</strong>ate W<strong>in</strong>nipeg's geography. While they are<br />
clearly assets, both rivers and rail l<strong>in</strong>es can be<br />
barriers to connectivity. <strong>The</strong> downtown has six<br />
bridges to cross to the opposite sides banks for the<br />
Red and Ass<strong>in</strong>ibo<strong>in</strong>e Rivers. Moreover, the rail l<strong>in</strong>es<br />
and yards cont<strong>in</strong>ue to have a large presence <strong>in</strong> the<br />
downtown, with the yards occupy<strong>in</strong>g a significant<br />
portion <strong>of</strong> the total downtown area. <strong>The</strong> rail l<strong>in</strong>e can<br />
create connectivity challenges between the Forks,<br />
(one <strong>of</strong> downtown’s ma<strong>in</strong> draws) and the downtown<br />
core.<br />
123<br />
As a matter <strong>of</strong> policy, no freeways have been built as<br />
part <strong>of</strong> the urban transportation system <strong>in</strong> downtown<br />
W<strong>in</strong>nipeg. Yet, there are some very wide roads that<br />
extend through downtown W<strong>in</strong>nipeg that <strong>in</strong>hibit<br />
pedestrian movement around the downtown. For<br />
example, Portage Avenue and Ma<strong>in</strong> Street are six to<br />
eight lane roads (<strong>in</strong> part), detract<strong>in</strong>g from the<br />
pedestrian experience. Large surface park<strong>in</strong>g lots can<br />
also lessen from the pedestrian experience. <strong>The</strong><br />
downtown has 35,000 <strong>of</strong>f street park<strong>in</strong>g spaces,<br />
compris<strong>in</strong>g an estimated 20% <strong>of</strong> downtown real<br />
estate. <strong>The</strong> municipal, prov<strong>in</strong>cial or federal<br />
governments own about 20% <strong>of</strong> the surface lots <strong>in</strong><br />
downtown, <strong>of</strong>fer<strong>in</strong>g a significant redevelopment<br />
opportunity. 25<br />
Given W<strong>in</strong>nipeg’s extremely cold climate, an<br />
extensive underground and above ground pedestrian<br />
system exists. This may<br />
Downtown has<br />
be important to allow for<br />
movement <strong>in</strong> the colder 13,470<br />
months (five months <strong>of</strong><br />
residents<br />
the year average below<br />
zero temperatures) 26 , yet<br />
it creates challenges for 1.9%<br />
activat<strong>in</strong>g street life year<br />
population growth<br />
round and fails to take<br />
downtown between<br />
advantage <strong>of</strong> W<strong>in</strong>nipeg<br />
1996-2006 (compared to<br />
be<strong>in</strong>g one <strong>of</strong> the sunniest<br />
2.4% citywide)<br />
cities <strong>in</strong> Canada. 27<br />
66%<br />
<strong>of</strong> the downtown population<br />
identify as a visible m<strong>in</strong>ority<br />
1.6<br />
is the average household size<br />
(compared to 2.4 citywide)<br />
25<br />
W<strong>in</strong>nipeg City Council. (2011). Council M<strong>in</strong>utes – December 14, 2011:<br />
Downtown Park<strong>in</strong>g Strategy. Retrieved from:<br />
http://www.w<strong>in</strong>nipeg.ca/clkdmis/DocExt/ViewDoc.asp?DocumentTypeId=2<br />
&DocId=5476. Accessed 2012 January 31.<br />
26<br />
Liv<strong>in</strong>g <strong>in</strong> Canada (n.d.). <strong>The</strong> Climate and Weather <strong>of</strong> W<strong>in</strong>nipeg<br />
Manitoba. Retrieved from http://www.liv<strong>in</strong>g<strong>in</strong>-canada.com/climatew<strong>in</strong>nipeg.html.<br />
Accessed 2012 January 16.<br />
27<br />
Current Results (2012). Sunniest Cities <strong>in</strong> Canada. Retrieved from:<br />
http://www.currentresults.com/Weather-Extremes/Canada/sunniestcities.php.<br />
Accessed 2012 January 16.