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Alberta & Prairies  + Canada + Cross Border News  + Multi-residential Housing  | 
The University of Manitoba's properties arm has broken ground on a $6-billion mixed-use development in downtown Winnipeg.

University of Manitoba Breaks Ground on Winnipeg $6B Mixed-Use Development

The University of Manitoba’s properties arm has broken ground on a $6-billion multi-residential and mixed-use development in Winnipeg.

The Southwood Circle neighbourhood will be constructed in four phases over the next two decades. The project will be located on former Southwood Golf and Country Club land.

It is believed to be the largest infill development in Winnipeg’s history. Some 20,000 residents are slated to live in the Southwood community eventually with 60,000 people accessing the university area daily.

In addition to 11,000 residential units, Southwood Circle will contain restaurants, grocery stores, other retail outlets and the future National Centre for Truth and Reconciliation, according to a U of M news release and multiple media reports.

In many ways, Southwood Circle will be a model community, Greg Rogers, CEO of UM Properties said in the news release.

“That means it’s walkable, it’s diverse, it promotes active living, and it’s sustainable,” he said.

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Southwood CircleNancy Orris-Snidal

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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