Water Tower District - Participate in one of Winnipeg’s newest shovel-ready industrial developments!

Southeast Corner of Marion Street & Archibald Street Winnipeg, MB R2J 0X4

Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA
Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA Southeast Corner of Marion Street & Archibald Street, Winnipeg, MB, R2J 0X4, CA
FOR SALE FOR LEASE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
May 31, 2023

Olexa Developments Ltd is creating the Water Tower District, a 165-acre true mixed-use development, consisting of multi-family, retail, office, parklands, and industrial. The development will have sidewalks, interior walking paths, active transportation paths, and connectivity to Winnipeg’s dynamic transportation network. In addition, there will be a controlled intersection at Marion and direct access to Highway 59 (Lagimodiere Blvd.) via Speers Road. 70 acres of industrial lands are part of a 165-acre actual mixed-use development. Ideally located in St. Boniface, the site is well suited for last-mile delivery, and the proximity to the workforce is a great advantage. The Water Tower District is using the concept of a transit-oriented development (TOD) featuring active and traditional transportation options with direct access to Marion Street and Hwy 59 (Lagimodiere Blvd.) It will provide connectivity to major transportation routes.

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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.