New Investments

Red River College Innovation Centre

In April 2017, the Red River College announced the construction of a new $95-million Innovation Centre at its Exchange District campus. The development, expected to be completed by late 2019, will bring together students, instructors, researchers, industry, and community members to work on commercialization projects for startups and SMEs.

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Canada's Diversity Gardens at Assiniboine Park

Canada's Diversity Gardens is the final major phase of the redevelopment campaign to revitalize and rejuvenate Assiniboine Park. Using plants as the medium, Canada's Diversity Gardens will tell the cultural story of the relationships that exist between people and plant life.

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$400-million True North Square hopes to be downtown meeting place

Winnipeg-based True North Sports & Entertainment Limited made a bold splash recently when it broke ground on an ambitious $400-million development in the heart of downtown Winnipeg's sports, hospitality, and entertainment district (SHED). True North Square will consist of four distinct towers and an outdoor public plaza suited to all kinds of activities and gatherings in all seasons. The new True North Square Sutton Place Hotel and Residency is also being built.

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North and south will meet at Winnipeg Art Gallery's Inuit Art Centre

The federal government committed $15 million in funding for the Inuit Art Centre, adding to the $5 million already committed to the project by the City of Winnipeg. The $65-million centre will be a four-level, 40,000-square-foot facility connecting people from the North and South to meet, learn and create together. A first of its kind in the world, it will be a community hub for exhibitions and programs, research and learning, studio practice and art-making.

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Building a culture of innovation and technology from the ground up

The international video game developer, Ubisoft Entertainment, has committed to building a team of 100 people in its Winnipeg studio, along with an investment of $35 million over the next five years. YES! Winnipeg prepared a collaborative outreach approach alongside the Province of Manitoba and City of Winnipeg to bring Ubisoft to Winnipeg.

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$400-million Portage Place redevelopment

Toronto-based Starlight Investments is investing $400-million to redevelop Portage Place in downtown Winnipeg. The retrofit will include two new 20-storey residential towers as well as a 10,00 square foot community space. Work is expected to begin in 2021.

Global Winnipeg

Source: Global Winnipeg

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​Richardson International’s innovation centre in the heart of downtown

Richardson International is investing more than $30 million to develop an innovation centre in downtown Winnipeg, featuring state-of-the-art technology and equipment for research and product development. This world-class facility will complement Richardson’s food and ingredients division and will provide an extensive opportunity for industry collaboration.

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Wawanesa picks Winnipeg for North American headquarters

The Wawanesa Mutual Insurance Company is partnering with True North Real Estate Development to build its new North American headquarters at True North Square. The building is the latest example of an ongoing, 16-year architectural makeover at True North Square that has resulted in almost $1 billion in downtown developments.

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