b"Similar decisions are being made fordepicting the history of the building the former Sears location at St. Vitaland/or the Hudson Bay Company. Shopping Centre. Owner CushmanAny excess funds will be transferred & Wakefield Asset Services Inc. andto the provinces heritage resources construction manager PCL Constructorsendowment fund for other designated Canada Inc. are in the process of splittingheritage buildings.the 130,000-sq.-ft. space into a newOur government recognizes theWork on the former Sears Polo Park location is home for Marshalls/HomeSense importance of preserving our pastslated for completion in summer 2021.(40,000 sq. ft.) and Goodlife Fitnessand investing in our future, Municipalwant to find a solution that offers a (25,000 sq. ft.). Relations Minister Derek Johnsongreat introduction to our downtown and Elsewhere in Winnipeg, the city hasstated in a press release. A healthypreserves some of those well-known formed a committee to decide the nextand vibrant downtown is crucial forelements that residents and guests have phase for Winnipegs iconic downtownsustained economic growth for thecome to love.Hudson Bay location.city of Winnipeg and building a moreWHATS NEXTWe really have to re-imagine thisprosperous Manitoba. Winnipeg is far from alone in its space, says Dayna Spiring, CEO ofThere is no shortage of ideas for thechallenge. With the shift to online sales Economic Development Winnipeg, andabandoned space. And whether the finalgaining speed, jurisdictions across chair of the committee. The basementdecision is to create a new communityCanada are exploring ways to breathe alone is 100,000 sq. ft., and eachhub, retail destination, office space ornew purpose into old retail spaces. additional floor is 80,000 sq. ft. So, thea combination of each, the committeeFor some, the solution has been to size of this space opens it up to a lot ofaims to find a solution that brings valuemake these locations more experiential potential uses. to the prime location. for their community, either through the incorporation of restaurants, To help in this endeavor, the ManitobaWere looking at how cities likeentertainment venues, fitness centres government recently announcedVancouver, Detroit and Chicago haveand other interactive tenants. For The Bay Building Fund, a $25-millionreimagined these big retail spaces andothers, the decision has been to turn heritage fund to support potentialwe're in the process of determiningabandoned department stores and projects for the space. Eligible projectswhat's possible, Spiring says. We alsooutlets into new residential or office include conservation and restorationknow that the heritage facade on thealternatives. Whatever the strategy, only efforts, capital repairs and new exhibitsoutside of the building is iconic, so wetime will determine what works. COMMERCIALINDUSTRIALDESIGN BUILDTECHNICAL1433 Erin St,Winnipeg, MBR3E2S9204-896-3446office@powertec.ca powertec.caIssue 2 Summer Edition 2021 BUILD MANITOBA 31"