Winnipeg is seeing completion of the tallest tower in the city as a $165 million, mixed-use mammoth building finishes construction near the intersection of Portage and Main.
It is also the largest multi-family rental build in Winnipeg.
Winnipeg-based Artis Real Estate Investment Trust(Artis REIT) had the concrete poured March 5 on the 41st floor of what will cap out at a 42-storey tower at 300 Main Street.
The Artis building is already, at just above 128 metres (419.9 feet), higher than the former TD Centre at 201 Portage, which has been Winnipeg’s tallest tower since it was built in 1990.
Once completed later this year, the Artis building will rise 142 metres above the pavement, anchoring the south end of Winnipeg Square.
The plan for the $165-million south tower was first unveiled in April 2016 by Artis REIT, a commercial real estate investment trust that owns Winnipeg Square and 360 Main, a 30-storey Class AAA office tower that comprises the north tower of the square.
The upper floors of 300 Main Street will be residential, with 400 luxury rental apartments. The lower levels will be taken by retail and office tenants.
Artis REIT is a diversified Canadian real estate investment trust investing primarily in industrial and office properties in select markets in Canada and the United States. Since 2004, Artis has built up a portfolio of commercial properties that has grown to approximately 23.8 million square feet of leasable space.