Winnipeg Free Press - PRINT EDITION
Posted: 05/15/2013 1:00 AM | Comments: 0
Most annual meetings are spent looking back on the year that was while people anxiously await the adjournment so they can hit the food table and socialize.
CentreVenture Development Corp. did not host a typical AGM Tuesday morning.
The downtown development agency used the occasion to unveil a pair of actual news announcements -- the decision to demolish the Carlton Inn on Carlton Street and to put out an expression of interest on the St. Regis Hotel this weekend.
The 108-room, low-budget Carlton property will meet the business end of a wrecking ball in August, Ross McGowan, president and CEO of CentreVenture, told 100 people gathered at the Metropolitan Entertainment Centre.
An expression of interest is already in progress and an announcement of what will become of the site, situated across St. Mary's Avenue from the Winnipeg Convention Centre, will be made in late fall. McGowan hinted strongly that a hotel might rise from the rubble.
The late 2012 purchase of the Carlton Inn for $6.5 million was a "very significant" move for CentreVenture as part of the ongoing development of the Sports, Hospitality and Entertainment District (SHED), he said.
"We're trying to drive development north of the Convention Centre and increase the density of the downtown between (there) and the MTS Centre. A hotel can service conventions, Manitoba Hydro and the MTS Centre," he said, noting the ALT Hotel, currently under construction at the corner of Portage Avenue and Donald Street, will also service the downtown market.
Last November, convention centre officials unveiled a $180-million plan to nearly double its size and make it the fourth-largest publicly owned convention centre in Canada behind Montreal, Toronto and Vancouver.
CentreVenture purchased the St. Regis Hotel on Smith Street last year and promptly closed down its beverage room and removed all of the video lottery terminals.
Just what will happen to the one-time trouble spot still remains to be seen, McGowan said.
"We have no preconceived notions. We're seeing what interest is out there from the development community. A number have expressed interest already. It could be a hotel, it could be anything. Let's see what creativity is out there in the marketplace. It's a great piece of property," he said.
CentreVenture is also working on a deal to redevelop the James Avenue pumping station.
It was difficult for McGowan, who has been on the job for six years, to mask his optimism about the prospects for downtown Winnipeg.
"Five years ago, we didn't have any cranes downtown. In the next two to three years, we could have as many as a half-dozen," he said.
The sites include the convention centre, the redevelopment of the MPI parking lot and the Glasshouse condominiums.
While most of CentreVenture's activity is focused within specific areas of downtown Winnipeg, it has also been providing some consulting services to the City of Brandon as that city attempts to reinvigorate its own downtown.
"We're exchanging information and shortening their learning curve. It's a different scale but the problems are the same," he said.
Republished from the Winnipeg Free Press print edition May 15, 2013 B5
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
Having problems with the form?Contact Us Directly
Brian Bowman wins mayoral battle
Gilroy seizes Daniel McIntyre after close race
DNA testing will determine if accused is mother of 6 dead infants
Schreyer unseats Steen in Elmwood-East Kildonan
Dobson finds his groove in fourth election attempt
Canada won't be cowed by terrorist attack: PM
Capital-region voters send law-and-order message
Morantz edges Duncan in Charleswood-Tuxedo
Dierks Bentley gets Winnipeg’s vote
Scott Gillingham wins in St. James-Brooklands
Lukes wins boss' vacated seat in St. Norbert
Orlikow beats Taz in River Heights-Fort Garry
Bruce Henley re-elected mayor in West St. Paul
Family, friends, colleagues bid farewell to Lindor Reynolds
Pagtakhan retains Point Douglas seat
Pike new mayor in St. Andrews
Devi Sharma squeaks in win in Old Kildonan
Wyatt reinstated in Transcona
Voters stick with status quo for school boards
Winnipeg votes: Oct. 22, 2014
Mayes re-elected in St. Vital
Eadie back for second term in Mynarski
Matt Allard elected councillor in St. Boniface
Gerbasi holds down Fort Rouge-East Fort Garry
Browaty holds on to North Kildonan
Voter turnout highest in a decade
Bombers offensive line uncertain heading into must-win game against B.C.
Soldier killed in Parliament Hill siege
Expert: Autopsy doesn't show if Brown went for gun
Man, 26, killed in crash on Highway 3 between Sanford and Oak Bluff
Family: Doctors don't detect Ebola in nurse's body
Attorney says Kings' Voynov didn't hit girlfriend
Jets apply tourniquet
Senate to hear more cluster bomb testimony
Security at Manitoba Legislature tightened after Ottawa shooting
Griddle me this
Bradlee recalled as a genius, great journalist
Last chance to vote: Polls open until 8 p.m.