The first major retail expansion in the dense Regent & Lagimodiere node in over a decade!

123 Reenders Dr Winnipeg, MB R3T 1Z5

123 Reenders Dr, Winnipeg, MB, R3T 1Z5, CA
123 Reenders Dr, Winnipeg, MB, R3T 1Z5, CA
Property Type:
Super Regional Center
Cap Rate:
Last Verified:
Mar 20, 2023

Kildonan Mile will bring over 500,000 sq. ft. of mixed-use development featuring new luxury rental apartments to compliment new service and retail. The Regent and Lagimodiere node is the largest shopping destination in East Winnipeg with over 3 million square feet. Thousands of new residents! Thousands more in the pipeline! The development is surrounded by several new residential communities, featuring single and multi-family homes. Reenders Drive Extension Now Open! In front of Kildonan Mile is part of a multi-million dollar investment in infrastructure in the West Transcona. Four lanes now open on Peguis Street and Reenders Drive. The extension/widening of Reenders Drive benefits the entire East Winnipeg area, providing vital connections for the growing residential areas to the north and east. Located on Reenders Drive between Stapon Road and Peguis Street with excellent exposure and access. Significant employment lands nearby. Adjacent to Canadian Tire, Costco and Kildonan Place Shopping Centre, a regional shopping centre with over 100 shops, food court and new Cineplex Junxion, featuring six auditoriums, a dining hall, arcade and virtual reality offerings. Other area tenants include: Save On Foods, Marshalls, HomeSense, Home Depot, Walmart Supercentre, Real Canadian Superstore and Lowe's.

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Map of 123 Reenders Dr, Winnipeg, MB, R3T 1Z5, CA

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.