Hey there, time traveller!
This article was published 16/11/2009 (3620 days ago), so information in it may no longer be current.
WINNIPEG — The Qualico Group is negotiating with Nygard International to acquire and redevelop six heritage buildings in the East Exchange District as part of a large mixed-used development for the area.
"You can confirm there’s something cooking," Qualico vice-president John Daniels said in an interview today. "Early in the New Year we’ll hopefully be in a position to make an announcement one way or the other."
Daniels refused to discuss the proposed project in detail, saying it’s premature.
But he did confirm it would involve about six buildings that Nygard owns on Market Avenue and James Street, and that upper floors would be redeveloped as condominiums or some type of residential units, and the main floors would be commercial retail or some type of commercial space.
Daniels also confirmed the City of Winnipeg may also be planning to build a 450-stall parkade adjacent to the Qualico development. But he denied the project would be contingent upon that happening.
"If certainly would be a plus factor if it did happen," he said. "But we’re looking at other possibilities for parking, as well. So it (the Qualico development) may be able to go ahead without it."
Spokesmen for the city and Nygard International could not be reached for comment.