Winnipeg building cranes are busy

Experts "surprised" at surge in construction

Western Investor
September 16, 2016


Once considered endangered, the construction crane is alive and well in Winnipeg.

Even the president of the Winnipeg Construction Association is not certain how many cranes are currently in operation. “You almost have to go to a tall building with binoculars,” said Ron Hambley.

A large expansion to the Health Sciences Centre, a new emergency department at the Grace Hospital, downtown condos, new retail stores adjacent to the IKEA location in south Winnipeg and some office/industrial buildings nearby are just some of the crane-worthy projects on the go.

“We’re expecting a pretty decent year for 2016, which is a surprise. With everything going on with the dollar and oil industry, we expected things to quiet down a bit but we haven’t seen that universally,” Hambley said.

Perhaps the most optimistic sign is the number of commercial retail buildings coming up out of the ground near IKEA.

“I’m not sure what style of retail stores are going in there. Sometimes the builders don’t even know,” he said.

Hambley expects to see continued construction on McGillivray Boulevard just beyond the city limits.

“You’re going to see a tremendous amount of development there. There’s a huge tax advantage for being that close to the city but outside the boundary,” he said.

Frank O'Brien is the editor of Western Canada's biggest commercial real estate newspaper, Western Investor, as well as a contributing editor at West Coast Condominium, real estate contributor to Business in Vancouver and a regular media commentator on real estate investment.
Copyright © Western Investor

Email to a Friend

Most Popular
Get the Newsletter