17°c Clear
25°c Chance of thundershowers
Winnipeg Free Press - ONLINE EDITION
City partnering with Terracon on developing St. B land
Winnipeg plans to work with a local developer to turn vacant industrial land in St. Boniface into a new business park.
Next week, council's property and development committee will consider a plan to let Terracon Development Ltd acquire half an interest in the 237-acre city-owned industrial lands in St. Boniface. Terracon would develop and market the land for future industrial - and possibly residential - development.
An administrative report said full development is expected to generate $34 million in municipal tax revenues.
Terracon has agreed to acquire the interest in the land for $989,850 plus taxes. In the first year, officials expect Terracon would spend $4.8 million to develop one quarter of the lands. The city would contribute $959,850 towards its share of the joint venture.
More Local
- Back to Top
- Return to Local
More Local
(1 of 19 articles for today)
Flaggers' safety was questioned
1:00 AM 0On the second day of the trial of a driver who struck and killed a highway-construction flag woman, court heard ...
Poll
Most Popular Local
- Community's children apprehended by province
- Glover quits quarrel over election costs
- Bar closing at Royal Albert
- Motorists complained about unsafe practices at site of crash that killed worker
- Blogger found in contempt of court
- Métis ready to ring bell again
- Kids of St. Ignatius make Sweet gesture to beloved crossing guard
- New crowd plan for Taylor Swift get-together
- Fatal crash 'could have happened to anyone'; defence seeks weekend sentence
- Ex's Mach 3 an adrenaline accelerator
- Safeway stores likely to close
- Squirrel crawls out of Winnipegger's toilet
- Poolside feeding prompts eviction
- Basic arithmetic back in class
- Court told driver hysterical after vehicle fatally hit highway worker
- Community's children apprehended by province
- Glover quits quarrel over election costs
- Stoppage of play off the field
- Child in critical condition after West End crash
- Kenyan wins Manitoba Marathon
- Father blasts 'horrific' movie
- Safeway stores likely to close
- Man dies after being pulled from vehicle submerged in Winnipeg retention pond
- Flood money paid for CEO's romantic trip
- Car in deadly crash stolen?
- UPDATE: Now with FAQ: Keeping the e-party going without the party-crashers
- Squirrel crawls out of Winnipegger's toilet
- Daycare provider charged with abandonment
- Poolside feeding prompts eviction
- Two people killed in crash north of Winnipeg
- Community's children apprehended by province
- Métis ready to ring bell again
- Basic arithmetic back in class
- Kids of St. Ignatius make Sweet gesture to beloved crossing guard
- Province blows off wind megawatt goal
- New crowd plan for Taylor Swift get-together
- Ex's Mach 3 an adrenaline accelerator
- Blogger found in contempt of court
- Toilet contents need help escaping
- Known as kind, outgoing men
- Basic arithmetic back in class
- Squirrel crawls out of Winnipegger's toilet
- Safeway stores likely to close
- Province blows off wind megawatt goal
- Community's children apprehended by province
- $110-K worth of nickel plates stolen from Thompson mine
- Known as kind, outgoing men
- A day in the life of 13,380 Manitoba Marathon participants
- Métis ready to ring bell again
- Stoppage of play off the field
- Basic arithmetic back in class
- Squirrel crawls out of Winnipegger's toilet
- Father blasts 'horrific' movie
- Developers to unveil plans for bold downtown tower
- Teachers support adding sexual-orientation themes to all curricula
- The crime fighter's revolution
- Safeway stores likely to close
- Car in deadly crash stolen?
- City's first urban reserve born
- On board with the Snowbirds
Ads by Google
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?
Login SubscribeHave Your Say
Comments are open to Winnipeg Free Press Subscribers only. why?
SubscribeThe 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.