CentreVenture Development Corporation, an arms-length agency of the City of Winnipeg, is an advocate and catalyst for business investment, development and economic growth in downtown Winnipeg.
CentreVenture's staff, under the guidance of a volunteer, private-sector board of directors, develops and implements strategies to identify and capitalize on economic, physical and social development opportunities in Winnipeg's downtown.
CentreVenture expedites development in Winnipeg's downtown by promoting private-public cooperation and innovative partnerships. CV encourages new retail, entertainment, housing and commercial ventures, along with public sector investment in public spaces, amenities and services.
Downtown Winnipeg is set to see a major redevelopment project. A proposed $400 million mixed-use development project was announced in early 2015. True North Square, located in The SHED, will have three mid-size towers centered around an exciting public square and park. The mixed-use towers will house retail, office, residential and a hotel.
“It’s a vote of confidence in downtown Winnipeg. It’s a $400-million investment — and bringing another crane to the downtown skyline is a good sign.” - Loren Remillard, Executive Vice-President of the Winnipeg Chamber of Commerce.
Opened on, January 15, 2015. The Pint Public House is new 346-seat sports pub located in the SHED. Venexo Corporation and Urban Sparq Hospitality partnered in the restoration of The 1921 Norris Block. Built for John Norris, merchant tailor and long-time fixture in the Winnipeg's clothing trade, the building has today been restored to house
"We really like the downtown plan that Winnipeg has with the SHED (sports, hospitality and entertainment district)" - Jon Sharun, Managing Director for Venexo Corporation.
On May 8, 2015, Minister Drew Caldwell and Mayor Brian Bowman, joined CentreVenture CEO Angela Mathieson to announce the recipients of support under the 2015 Exchange District Facade Enhancement Program. Fourteen projects were selected from thirty-eight applications. Chef Mandel Hitzer of Deer + Almond took part in the announcement. Their building, owned by Bedford Investments, will be upgraded this summer.
"For us, we get to shine a little brighter. Cars will drive by, see us. The Exchange is growing rapidly. To be a part of that and to see it evolve is beautiful." - Chef Mandel Hitzer
Centrepoint held its grand opening June 30th and officially welcomed its major tenant, architectural firm Stantec to downtown. Other tenants include iQmetrix, Browns Socialhouse and The Merchant Kitchen. About $130 million was invested into Centrepoint, a mixed-use project, housing four floors of offices, street front restaurants and the 13-storey ALT hotel tower, along with a five-storey parkade and 196 loft-style condominiums.
Photo from Left to Right: Curt Vossen (Chair, CentreVenure Development Corporation), Jeoff Chipman (President and CEO, Stevenson Group Inc.), Mayor Brian Bowman, Premier Greg Selinger, Eric Wiens (Regional Vice President, Stantec).
“I think it’s a great time to be a Winnipegger,” said Jeoff Chipman of the changes coming to the city’s downtown. “Winnipeg is a pretty interesting little market to be in and an important market to be in.”
On June 22, 2015 CentreVenture Development Corporation and Renaissance Brandon signed a Memorandum of Collaboration (MOC) to express their commitment to work together on actions and mechanisms to improve the performance of their organizations and the economic, social and environmental outcomes of both downtown Winnipeg and Brandon.
“This formal collaboration is a first for our organization,” said Elisabeth Saftiuk, Executive Director, Renaissance Brandon. “CentreVenture is a model organization for downtown revitalization, an envy of many North American cities. By working together we are trying to achieve even more made-in-Manitoba successes.”