Winnipeg Free Press - ONLINE EDITION
Posted: 11/30/2012 1:53 PM | Comments: 0
The Seasons of Tuxedo retail complex to be built west of Kenaston Boulevard near the IKEA store will be served by one of the largest geothermal heating and cooling systems in North America.
The shopping complex will be home to 50 to 60 retail outlets, financial institutions and restaurants.
Innovation, Energy and Mines Minister Dave Chomiak said this morning that the development can apply for a Green Energy Equipment Tax Credit and a district geothermal grant.
"This development proves there is a strong business case for using geothermal in Manitoba," he said.
Ed Lohrenz, a partner in the firm that has already installed much of the infrastructure for the project's geothermal heating and cooling, said higher construction costs can be offset by lower energy costs to tenants within eight years.
Fairweather Properties, the shopping centre's developer, hopes to have Phase 1 of the development completed next year.
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
Big shortfall in mining-taxes prediction
National labour board backs union in Taj Mahal benefits fight
New ammunition against canola foe
Mexico cuts spending by $8.4 billion due to oil price drop
McDonald's new CEO faces onslaught of competition
Colorado considers ban on welfare cards at pot shops
Alibaba promises more action against fake goods
NewsAlert: Poor design blamed for dam collapse
Fewer drivers dying behind the wheel
Initial public offerings scheduled to debut next week
Pilots at American and US Airways approve joint contract
CIBC lays off staff as borrowing wanes
BMW fixes security flaw that exposed 2.2M cars to break-ins
Stock market heading lower in midday trading
Bison makes top 20 among North American trucking companies
Grain mostly lower, livestock mixed
Court upholds deceptive ad claims against POM
Shake Shack shares more than double in stock market debut
Jury deliberations continue in Toyota Camry case
Valeant seeks to buy rights to cancer vaccine
Veteran newsman Kevin McIntosh dies at 64
Ottawa reports $3.3B deficit so far in '14-15
Nova Scotia mill faces new pollution limits
US consumer sentiment rises to highest level since 2004
Stocks fall after government reports slower economic growth
Barclays downgrades three big Canadian banks
Cash flows from remnants of Arctic Glacier fund
AbbVie reports better-than-expected 4Q on Humira sales
Loonie lower, November GDP declines
TSX down, loonie plunges amid slowing growth
US pay and benefits rose at slightly faster pace last year
US economy slowed last quarter, but signs are pointing up
MasterCard tops Street 4Q forecasts
Ontario pension adds to mall portfolio
Myanmar opens deep sea port for Chinese oil pipeline
Merkel to visit Hungary at time of huge political challenges
Ohio State expects $3M royalties bump after championship win
Barbie blues gave Mattel holiday disappointment
Top Romanian banker: cannot help Swiss franc borrowers
Marlboro maker Altria's 4Q profit more than doubles