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This article was published 15/10/2016 (1126 days ago), so information in it may no longer be current.
The prospect of a new 45-storey mixed-use building being built downtown seems to be inching closer to reality.
On Friday, the developers, Fortress Real Developments, announced EllisDon has been awarded the contract to build the $200-million SkyCity Centre tow er.
"When we launched this project, we knew we had to work with one of the best to build it. EllisDon was at the top of our list knowing their capacity, expertise and track record," Vince Petrozza, COO of Fortress, said in a statement. "We have worked with them in other markets and believe they are the right team to bring this iconic tower to life."
EllisDon is a leading global construction company that does about $3.5 billion worth of projects annually. It built the Richardson International Airport and Health Sciences Centre’s new Women’s Hospital. During the past 65 years, it has constructed such iconic buildings as the Art Gallery of Ontario, the Rogers Centre in Toronto and the Edmonton International Airport office tower.
Fortress has pre-sold 50 per cent of the 388 condo units — which range in size from 529 square feet to 1,612 square feet — and the company obtained excavation permits in early 2016.
It says it is working closely with the builder to remain on track to start construction next spring.
In May, Ben Myers, senior vice-president of market research and analytics for Fortress, said that at the time there were 150 units sold and the company needed to get to 200 units sold to secure construction financing.
On Friday, Natasha Alibhai, a spokeswoman for the company, said a 12,000-square-foot, ground-level grocery store is planned as part of the 24,500 square feet reserved for retail.
"We have not begun leasing the retail but expect to start in the new year."
The development will have 48,000 square feet of class A office space on the sixth and seventh floors.
"We are offering a unique opportunity where business can buy their office space," she said.
"This is the only class A office space available for sale in downtown Winnipeg. This program was just launched this month."
Other features include:
● Five levels of parking (one level is underground);
● Level eight will be the amenity floor for residential owners, with approximately 8,400 square feet of indoor amenity space and about 12,000 square feet of outdoor amenity space;
● Floors 10 to 44 inclusive (35 floors) are exclusively residential units with a total of 388 units. Several purchasers combined units, which has brought that unit count down to 378;
● Floor 45 is an amenity space devoted to passive leisure including a lounge area for residents;
● A shared common area for public circulation located at the corner of Graham Avenue and Smith Street is planned with direct a skywalk to the city’s enclosed walkway system.
Martin Cash has been writing a column and business news at the Free Press since 1989. Over those years he’s written through a number of business cycles and the rise and fall (and rise) in fortunes of many local businesses.