Page Title: Services

Facilitation, Coordination, & Planning 

  1. Managing Director
  2. Managing Director
  3. Managing Director
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CentreVenture acts as a one-stop-shop and concierge service for those embarking on development projects in the downtown. The Corporation provides up to date market information, offers guidance to investors navigating the downtown development process, and facilitates access to various supports and programs.

Staff of the Corporation have fostered strong working relationships with people throughout the downtown investment sector including property owners and businesses, developers, banks, mortgage and leasing brokers, and those in the construction industry. Through this vast network, and with a ‘can-do’ attitude, CentreVenture also makes matches and facilitates partnerships among these different entities to advance more complex downtown projects.

  1. United Way Headquarters
    United Way Headquarters
    Description
  2. Centre Village Housing
    Centre Village Housing
    Description
  3. Centre Point and MEC
    Centre Point and MEC
    Description
  4. The Strand - Waterfront Drive
    The Strand - Waterfront Drive
    Description
  5. Sutton Place Hotel
    Sutton Place Hotel
    Description
  6. The Avenue Building
    The Avenue Building
    Description

Property Assembly

A critical component of CentreVenture’s revitalization activity is property assembly – acquiring and marketing derelict or underutilized properties for redevelopment through community and private-sector partnerships.  Since 1999, CentreVenture has assembled property for over 20 significant redevelopment projects in the downtown, including  True North Square, Centre Point/ALT Hotel, the United Way of Winnipeg headquarters, Centre Village Housing, the Bell Hotel, and the Avenue Building on Portage.
  1. Red Road Lodge
  2. 268 Main Street
  3. 283 Bannatyne
  4. Fairchild Lofts

Project Financing 

CentreVenture provides loans for construction of private and non-profit downtown development projects in the form of first and second mortgages, secured against property assets and housing construction program grants.  This ‘gap financing’ has been especially critical for smaller development projects, the adaptive re-use of heritage buildings, and for the creation of new housing in the downtown. Over 50% of all new downtown housing units developed in the downtown between 2000 and 2016, received project financing from CentreVenture.​​​​​

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  1. Bell Building
    Bell Building
    Description
  2. Porter Building
    Porter Building
    Description
  3. 109 James Avenue
    109 James Avenue
    Description
  4. YouCube
    YouCube
    Description

Housing Construction Programs

CentreVenture provides program design and upfront administration of housing construction programs funded by the City of Winnipeg and the Province of Manitoba through tax increment financing (TIF).  This includes marketing of the programs to industry, assisting developers with the application process, conducting due diligence on projects, processing of applications, acting as the borrowing agent for upfront grants, and monitoring program effectiveness.  ​​​​​​​​​​​​​​​​​


Ground Floor Retail Support 

  1. Managing Director
  2. Managing Director
  3. Managing Director
  4. Managing Director
  5. Managing Director
​Over the years CentreVenture has implemeneted a number of stratgeies to encourage the animation of ground floor spaces. Currently, the PUSH Program helps local retailers, artists, and exhibitors to test the downtown marketplace on a low-cost/low-risk basis with the aim of establishing long term leases in formerly vacant storefronts.  Review the PUSH Program Guide and Vendor or Landlord Applicant Forms for more information.  We'd love to PUSH you!
Program Guide
Vendor Applicant
Landlord Applicant
  1. Union Bank Tower
    Union Bank Tower
    Description
  2. James Avenue Pumping Station
    James Avenue Pumping Station
    Description
  3. The MET
    The MET
    Description
  4. The Ryan Block
    The Ryan Block
    Description

Heritage Building Adaptive Re-Use

The collection of heritage buildings in downtown Winnipeg is a unique asset and competitive advantage. Their preservation and adaptive re-use has been a major driving objective of CentreVenture. With the support of the City of Winnipeg, CentreVenture has administered heritage tax credit programs and provided grants for the adpative re-use of heritage buildings in the downtown through the Gail Parvin Hammerquist Fund. Over 60 properties have benefited from these programs.