Winnipeg Free Press - PRINT EDITION

Apartment complex rising in Westwood

  • Print

ONE of the city's largest apartment block developers and managers, WRE Developments Ltd., is building a 12-storey block in west Winnipeg.

The $15.9-million, 160-unit building is going up on vacant land at 455 Westwood Dr., next door to a 14-storey block -- Westwood Estates -- that WRE also owns.

Ron Hambley, executive vice-president of the Winnipeg Construction Association and a longtime Westwood resident, said Westwood Estates was built in the early 1980s.

He said he lived there for about a year and the talk even back then was that WRE planned to build a second tower.

But for whatever reason, it never happened.

He estimated it likely won't be ready for occupancy until the fall of next year.

The project will add much-needed new rental units to the Winnipeg market, which is grappling with its lowest apartment vacancy rate on record at 0.8 per cent.

A WRE official confirmed Monday the company is building the new block, but he declined further comment, saying it's a family owned and managed firm that doesn't discuss its business in public.

According to the company's website, the firm was launched in the 1960s by brothers Henry and Arthur Dyck.

It began as a cabinet shop and later diversified into construction, first as a homebuilder and then as a developer and owner of apartment blocks.

It said WRE Development was established in 1970, and has since grown to become one of Winnipeg's largest property management companies. It owns 20 apartment blocks in the city, including the two Holiday Tower blocks on Hargrave Street, Towers of Polo Park at 666 St. James St. and Summerland at 77 University Cres.

The firm also owns four apartment buildings in Calgary and has unspecified holdings in Phoenix, Denver and California.

-- Staff

Republished from the Winnipeg Free Press print edition April 12, 2011 B5

Fact Check

Fact Check

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.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

On the job with sea lion researchers

View more like this

Photo Store Gallery

  • A baby Red Panda in her area at the Zoo. International Red Panda Day is Saturday September 15th and the Assiniboine Park Zoo will be celebrating in a big way! The Zoo is home to three red pandas - Rufus, Rouge and their cub who was born on June 30 of this year. The female cub has yet to be named and the Assiniboine Park Zoo is asking the community to help. September 14, 2012  BORIS MINKEVICH / WINNIPEG FREE PRESS
  • A young goose gobbles up grass at Fort Whyte Alive Monday morning- Young goslings are starting to show the markings of a adult geese-See Bryksa 30 day goose challenge- Day 20– June 11, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Would you visit Dalnavert Museum if it reopened?

View Results

Ads by Google