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  #1  
Old Posted Jun 3, 2015, 4:10 PM
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Winnipeg | True North Square | 86.9M | 77.8M | 25F | 17F | 22F | 17F | U/C

Proposed $400 Million mixed-use development project located in Downtown Winnipeg's (SHED) District consisting of 4 mid-size towers centered around a public square.


Hotel, Office and Residential towers will be joined by a public walkway system connecting the MTS centre to the North and the RBC convention centre to the south. Retail components to the proposal are also being contemplated in the development

Developer: True North Sports and Entertainment.

CBC http://www.cbc.ca/news/canada/manito...ment-1.3460488

Tower 1 - Scotiabank Tower

Phase 1 scheduled for completion in Summer 2018.
242 Hargrave Street; a signature 17-storey, 365,000 sq ft Class A office tower with a summer 2018 occupancy

TDS and Scotiabank as tenants.

Tower 2

24 storey residential tower, with retail and office at podium level.

Tower 3

27 storey, 275 room Sutton Place hotel

Tower 4

17 storey condo tower, 130 units


Feb.24.2016 Current exterior views of the proposal..



TNS North View


TNS South View


TNS Square


Sutton Place Hotel


Hargrave St Entrance


Image Source: http://www.truenorthsquare.com/development/gallery/


Renders - Site Layout : Feb.24th.2016


http://www.cbc.ca/news/canada/manito...ment-1.3460488




Image Sources: https://www.facebook.com/truenorthsquare/?fref=photo

Current Sources:
http://www.truenorthsquare.com/
http://www.winnipegsun.com/2016/02/2...quare-revealed
https://www.facebook.com/truenorthsquare/?fref=photo
http://www.cbc.ca/news/canada/manito...ment-1.3460488

Last edited by Cyro; Feb 24, 2016 at 9:16 PM. Reason: Update
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  #2  
Old Posted Jun 3, 2015, 4:18 PM
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  #3  
Old Posted Jun 3, 2015, 4:35 PM
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This is unconfirmed however, rooftop pool on the northwest building near the powerhouse = hotel. Tower between powerhouse and the church is likely the office tower. The 220 Carlton site, as previously discussed, is some form of residential.

Also the rendering shows the church surface lot becoming a park and some change to the site access for their garage coming from the east instead of the current west configuration. Not sure if the church is formally part of these plans.
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  #4  
Old Posted Jun 5, 2015, 12:15 AM
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Quote:
Originally Posted by CoryB View Post

Also the rendering shows the church surface lot becoming a park and some change to the site access for their garage coming from the east instead of the current west configuration. Not sure if the church is formally part of these plans.
As it stands St.Marys is not interested in what True north is offering.. And they offered an obscene amount of money so that is unlikely to change
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  #5  
Old Posted Jun 5, 2015, 2:41 AM
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As it stands St.Marys is not interested in what True north is offering.. And they offered an obscene amount of money so that is unlikely to change
So that sliver of land between the Carlton Ave. tower and the Cathedral is now Longboat/TNSE's? I always thought that the Cathedral owned that since they're the ones who appear to be using it.
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  #6  
Old Posted Jun 3, 2015, 5:14 PM
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Just to clarify, is this development the same as "so po square" ?

iow, is this what so po became?
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  #7  
Old Posted Jun 3, 2015, 5:24 PM
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Originally Posted by roccerfeller View Post
Just to clarify, is this development the same as "so po square" ?

iow, is this what so po became?
I believe so.
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  #8  
Old Posted Jun 3, 2015, 6:08 PM
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"So Po Square"...what a terrible name... let us never hear it uttered again.
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  #9  
Old Posted Jun 3, 2015, 8:09 PM
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"Value engineering" is also going to have fun with all those rooftop trees.
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  #10  
Old Posted Jun 3, 2015, 9:05 PM
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"Value engineering" is also going to have fun with all those rooftop trees.
...curved walls, tilted walls, glass walls, height of buildings...
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  #11  
Old Posted Jun 4, 2015, 1:05 PM
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Well, those designs don't look as complicated as the CMHR's designs. IMHO, it's doable. But, like most renderings, the final product will most likely look different.
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  #12  
Old Posted Jun 5, 2015, 1:51 AM
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Well, those designs don't look as complicated as the CMHR's designs. IMHO, it's doable. But, like most renderings, the final product will most likely look different.
The CMHR was built at a cost of $3000 per square foot. These buildings will be closer to $200 per square foot. That's 15 times cheaper!

The renderings are completely ridiculous. A full glass hotel? Not only is that not possible in the building code, it could never work economically. Their hotel across the street is a 20 storey stucco box for goodness sake.

The SOPO renderings were much more realistic. And far nicer in my opinion.
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  #13  
Old Posted Jun 5, 2015, 2:40 AM
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The CMHR was built at a cost of $3000 per square foot. These buildings will be closer to $200 per square foot. That's 15 times cheaper!

The renderings are completely ridiculous. A full glass hotel? Not only is that not possible in the building code, it could never work economically. Their hotel across the street is a 20 storey stucco box for goodness sake.

The SOPO renderings were much more realistic. And far nicer in my opinion.
$200!? Hells nah... $300+ w/out leaseholds.

Somebody mentioned the Trizec in another post. I hope it was done ironically 'cause this - if it ever gets built - is going to resemble a very similar transaction.

But thank god the definitively worst hotel market in the country is going to be getting a publicly subsidized hotel. You want to keep that playing field level for the existing privately held hotels in the area that are having difficulty staying occupied...
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  #14  
Old Posted Jun 5, 2015, 3:09 AM
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$200!? Hells nah... $300+ w/out leaseholds.
Yeah. Maybe the lotteries building.
I doubt the hotel could be sustainable at 300+ though.

Last edited by trueviking; Jun 5, 2015 at 3:25 AM.
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  #15  
Old Posted Jun 5, 2015, 2:36 PM
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Yeah. Maybe the lotteries building.
I doubt the hotel could be sustainable at 300+ though.
I think that's the point, right? It's not. So we can infer three things immediately:

1) Construction costs, for the most part, are what the are. In other words, there are only so many discounts to be had given labour doesn't discount and worldwide commodities markets don't either. So nobody is getting what they aren't paying for.

2) Given Point 1 and your true to fact point that it's unsustainable at 300+/sq ft, these drawings are a figment of an architects imagination and little more.

BUT

3) Keeping even the basic elements of the renderings, this is still easily a $300-$325/sq ft build inclusive of soft costs. That means somebody is going to have to close the value gap between the price at which this building is sustainable and the price at which it costs to get built. I don't think it requires that much guesswork as to who that party is going to be.

It'll be interesting to see how the city manages this one, anyway. 220 Carlton is supposed to have a caveat against it that requires its taxation to pay for a portion of the Convention Center. If that's true, there's no ability to TIF that property unless the city pretends there's enough value to advance funding on taxation revenues over and above what was originally anticipated when the Convention Center deal was done and that they know damn well will never exist. Don't put this past them. The SHED TIF is still largely provincially funded. That's important given that CentreVenture couldn't possibly be more broke.
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  #16  
Old Posted Jun 5, 2015, 5:54 PM
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Originally Posted by Simplicity View Post
$200!? Hells nah... $300+ w/out leaseholds.

Somebody mentioned the Trizec in another post. I hope it was done ironically 'cause this - if it ever gets built - is going to resemble a very similar transaction.

But thank god the definitively worst hotel market in the country is going to be getting a publicly subsidized hotel. You want to keep that playing field level for the existing privately held hotels in the area that are having difficulty staying occupied...
To be fair — the Centrepoint parkade does/will look EXACTLY like the renderings, which is rare. Hahaha
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  #17  
Old Posted Jun 5, 2015, 6:11 PM
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To be fair — the Centrepoint parkade does/will look EXACTLY like the renderings, which is rare. Hahaha
Lest we forget:

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  #18  
Old Posted Apr 16, 2018, 12:27 AM
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Originally Posted by trueviking View Post
The CMHR was built at a cost of $3000 per square foot. These buildings will be closer to $200 per square foot. That's 15 times cheaper!

The renderings are completely ridiculous. A full glass hotel? Not only is that not possible in the building code, it could never work economically. Their hotel across the street is a 20 storey stucco box for goodness sake.

The SOPO renderings were much more realistic. And far nicer in my opinion.
https://www.youtube.com/watch?v=lKPUuUsutOQ

project looks amazing totally disagree with the comments truviking made when project was announced.
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  #19  
Old Posted Apr 16, 2018, 4:03 PM
The Unknown Poster The Unknown Poster is offline
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Originally Posted by lilwayne View Post
https://www.youtube.com/watch?v=lKPUuUsutOQ

project looks amazing totally disagree with the comments truviking made when project was announced.
Isnt this project remarkably true to the renderings? And how have they built all glass??

Next year's playoffs will be fun in the Square but I imagine they will still need road closures...unless my judgement of space sucks, looks like the Square wont fit 10,000+ (we'll see this Friday for Game 5 when its actually going to be warm out).

Maybe they could close Graham Av between Donald and Edmonton and let the party spill into the Hydro building...they have an outside plaza, dont they?
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  #20  
Old Posted Jun 4, 2015, 11:16 PM
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hoepfuly the green building stuff doesnt get axed would be nice to have another one kidy corner to hydro
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