Optimism Is Everywhere
A healthy mix of commercial and industrial projects is in evidence throughout Winnipeg and the surrounding area. Billions of development dollars confirm that Winnipeg’s renaissance is alive and well. Take a look at the list below, and it should become quite obvious that the degree of both public- and private-sector investment signals a tremendously positive outlook for our city.
Perhaps that’s why FDi Magazine named Winnipeg a “Top-10 North American mid-sized city of the future 2013/2014 for business friendliness.”
Building Permit Values
Building permit values, which indicate construction costs for new construction, additions and renovations, have historically been strong in Winnipeg. In 2014, the total building permit value reached a 10-year high of $1.96 billion. Over the the last five years, building permit values have increased by 22 per cent per year on average, which is 14 per cent higher than the national rate and is the highest rate in comparison to other metropolitan centres.
Winnipeg Building Permit Values by Type from 2004 to 2014 (Thousands of Dollars)
Building Permit Values by Major Metopolitan Area:
Average Annual Per Cent Change from 2009 to 2014
Source: Statistics Canada
Current or Recently Completed Projects
Recent new corporate facilities and expansions include:
- Canadian National Railway (CN) officially opened a new 100,000-square-foot training centre in Winnipeg, the only one of its kind in Canada. CN’s new state-of-the-art facility trains 250 to 300 employees each week.
- Boeing Canada’s Winnipeg operation expanded its Murray Park Road manufacturing site by 150,000 square feet to house new composite work for Boeing's 737 MAX airplane. The $84.5-million project was developed to construct the one-piece composite acoustic inner barrel on the newly designed engine nacelle inlet.
- Maple Leaf Foods has completed its $94-million bacon-production facility on the current site of its existing operations in Winnipeg. The bacon facility focusses on high-volume, continuous-line production of raw sliced bacon. The new facility will create up to 340 new jobs at maturity (and employed about 120 workers during the construction phase).
- MTS and its subsidiary EPIC Information Solutions are building a $53-million data centre and cloud computing facility. The facility will provide options for Manitoba’s IT users to co-locate their own servers in this highly secure facility.
- Staples Canada announced it will anchor a new 152,000-square-foot, multi-tenant distribution centre that is being built by Bentall Kennedy/British Columbia Management Corp., while Olexa Developments is planning to build a 40,000-square-foot multi-tenant industrial building within CentrePort Canada.
- IKEA’s Winnipeg location opened in November 2012 and includes one of the company’s largest Canadian warehousing operations.
- Fort Garry Fire Trucks opened a new, state-of-art manufacturing facility. The 50,000-square-foot plant allows the company to continue building fire trucks, pumpers, water delivery tanks and other emergency equipment for export around the world.
- Exchange Income Corp. will consolidate maintenance of its fleet of 100 airplanes from the four airlines it owns into a new $10-million facility on the southeast side of the Winnipeg airport campus.
- MacDon Industries recently completed a 60,000-square-foot expansion of its manufacturing complex. MacDon now has more than 1,400 employees.
- Magellan Aerospace’s Winnipeg operation recently built a 135,000-square-foot, $21.3-million advanced composite manufacturing facility to support the F-35 Lightning II program.
- Magellan Aerospace’s Winnipeg operation is also constructing a 6,000-square-foot advanced satellite assembly facility in partnership with the University of Manitoba and the federal government. The $4.4-million facility will be housed at Magellan’s location near the airport.