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Downtown Real Estate

Can’t seem to find a thread sorry, but Phipps McKinnon progress.

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Comparisons are important - Winnipeg has 3000 units planned or UC in their Downtown which will bring a reported '5000' (i'd say ~4000) people to their core, increasing the overall population by '30%'.

 
I find it a bit odd and surprising that Winnipeg has this momentum dt without a proper mass transportation system. They may be ahead of us (although our numbers are climbing too) but I would caution that their momentum is probably limited by their lack of investment in mass transit. It's less attractive to live downtown if you need a car to go everywhere in the city.
 
Here's hoping we get similar news articles in the future since we're close to approaching 3000 units with development permits or are under construction too. We had some good news coverage with the planned units around O-day'min park, but more attention on how we finally have residential momentum is always a good thing.
 

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