BRIDGWATER CENTRE LANDS - WINNIPEG, MB - 14+ Acres Commercial Mixed Use Land 13+ Acres Manufacturing Mixed Use Land - Cushman & Wakefield Winnipeg
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BRIDGWATER CENTRE
FOR LEASE
LANDS
WINNIPEG, MB
PREMIUM SHOVEL READY MIXED USE LANDS IN
SOUTHWEST WINNIPEG
14+ Acres Commercial Mixed Use Land
13+ Acres Manufacturing Mixed Use Land
BRIDGWATER CENTRE
FOR LEASE
27+ ACRES SHOVEL READY MIXED USE LAND
WINNIPEG, MB
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Offers will not be reviewed before June 2nd, 2018 N
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PROPERTY ATTRIBUTES
Commercial Mixed Use (CMU) Parcels N
• 8 Parcels (1.4 - 2.0 acres per parcel)
• Example Uses: Retail/Office/Residential
Manufacturing Mixed Use (MMU) Parcels
• 2 Parcels (5.8 & 7.4 acres)
• Example Uses: Flex Industrial/Office/Retail/Institutional
PROPERTY SUMMARY
• Located in highly desirable Southwest Winnipeg
• Direct access to Kenaston Boulevard, Winnipeg’s most
prominent north/south thoroughfare, connecting
significant commercial growth nodes
• Bridgwater Centre is the master planned premium town
centre zoned and designed as the heart of the
Bridgwater Neighbourhoods in Waverley West
• Bridgwater Neighbourhoods are the fastest growing
subdivision in Winnipeg
• The Bridgwater Neighbourhood is the highest value
subdivision in Winnipeg (Average MLS sale price $50k+
per door above closest competing subdivision)
• The Neighbourhoods of Bridgwater is reputed as
the top emerging executive suburb in metropolitan
Winnipeg
45,000
• Consistent retail and multi-residential demand have Projected Population for Waverley West
driven unabated nearby growth at build out in 13 years (+/- 17,000 today)
1,000+ UNITS
Residential Planned or Under
Construction in Bridgwater Centre
3,000 ACRES
Total size of Waverley West, Winnipeg’s
largest ever master planned subdivision.
Bridgwater Centre is the heart of the
Bridgwater Neighbourhood in Waverley
West.
Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,
rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
BRIDGWATER CENTRE
FOR LEASE
27+ ACRES SHOVEL READY MIXED USE LAND
WINNIPEG, MB
SOUTH POINT & PRAIRIE
POINT +/- 8,000 UNITS N
UNDER DEVELOPMENT
KENASTON PRIMARY
NORTH/SOUTH CORRIDOR
FUTURE IN WEST WINNIPEG
DEVELOPMENT
+/- 2,150 UNITS
BRIDGWATER TRAILS
+/- 2,500 UNITS
UNDER DEVELOPMENT
BLOCK 2 BLOCK 1
7.44 AC. 5.84 AC.
BRIDGWATER CENTRE
FUTURE BISON DRIVE BLOCK 13
+/- 1,000 UNITS 1.42 AC. BLOCK 8
(DIRECT CONNECTION TO U OF M) 1.49 AC.
UNDER DEVELOPMENT
BLOCK 14 BLOCK 9
2.01 AC. 1.88 AC.
BLOCK 19
BRIDGWATER FOREST 1.81 AC. BLOCK 20
1.89 AC.
+/- 1,600 UNITS BLOCK 26
MOSTLY BUILT 1.88 AC. BLOCK 25
1.70 AC.
120K SF GROCERY &
PHARMACY ANCHORED
FUTURE COMMERCIAL SHOPPING CENTRE
BRIDGWATER LAKES
+/- 1,200 UNITS
MOSTLY BUILT
Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,
rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
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TOWN ROAD
27+ ACRES SHOVEL READY MIXED USE LAND
WINNIPEG, MB
Commercial Mixed Use (CMU) Parcels
EET
Parcel Size Price
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Block 8 1.49 AC. $1,788,000
VAR
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Block 9 1.88 AC. $2,256,000
ULE
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Block 13 1.42 AC. $1,704,000
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Block 14 2.01 AC. $2,412,000
KENASTO
Block 19 1.81 AC. $2,184,000
Block 20 1.89 AC. $2,268,000
Block 25 1.70 AC. $2,040,000
Block 26 1.88 AC. $2,256,000
Example Uses
• Multi-family residential
• Retail/service
• Clinic
• Restaurant
• Office
• Assisted living
• Hotel
CMU Parcel Summary
These 8 commercial mixed use (CMU) parcels are being
offered zoned and serviced (to lot line) to prospective
buyers for the development of a dense mixed use
pedestrian-oriented live/work/play corridor. The zoning
designation enables the construction a unique exciting AD
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urban environment, permitting a wide array of uses. N
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Premium-quality design criteria applied to these and T
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neighbouring Bridgwater Centre lands will enable and UT
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preserve exceptional long term value.
Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,
rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
BRIDGWATER CENTRE
FOR LEASE
27+ ACRES SHOVEL READY MIXED USE LAND
WINNIPEG, MB
Manufacturing Mixed Use (MMU) Parcels
Parcel Size Price
Block 1 5.84 AC. $4,672,000
Block 2 7.44 AC. $5,952,000
AD
Example Uses RO
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• Place of worship TO
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• Craft brewery UT
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• Restaurant
• Office
• Research Institution
• Clinic
• Light manufacturing
• Warehouse
MMU Parcel Summary
These 2 manufacturing mixed use (MMU) parcels
are being offered zoned and serviced (to lot line) to
prospective buyers for the development of a wide array
of commercial and institutional uses. These lands offer N
exceptional exposure and access to Kenaston Boulevard,
Southwest Winnipeg’s most prominent north-south
corridor. Similar lands are seldom available in the City
of Winnipeg. Premium-quality design criteria applied to
these and neighbouring lands will enable and preserve
exceptional long term value.
Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,
rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
BRIDGWATER CENTRE
FOR LEASE
27+ ACRES SHOVEL READY MIXED USE LAND
WINNIPEG, MB
Winnipeg Economic Outlook
Winnipeg’s economy is projected to grow by 1.4% in 2018 according to
the Conference Board of Canada as many sectors are projected to post
moderate growth as compared to a busy 2017. Winnipeg’s export-oriented
manufacturing sector is expected to remain strong with growth output
projected to be 2.1% in 2018.
Job growth, a key economic indicator, is projected to grow by 1.6% in 2018
following growth of 1.3% in 2017. The key sectors powering employment
growth in Winnipeg include finance, information technology, life sciences
and agribusiness. Winnipeg’s unemployment rate is projected to fall to
5.7% in 2018 down from 5.8% in 2017. Furthermore, Winnipeg’s labour
market is projected to grow by an average of 0.8% between 2019 and 2021.
Immigration and labour market factors continue to support strong and
steady housing starts, which should continue unabated at an average rate of
+/- 4,500 units annually over the next four years
According to the Conference Board of Canada, Winnipeg’s personal services
industry is projected to grow by an average of 2.2% from 2018-2021. The low
Canadian dollar and a robust US economy have contributed to a strong local
tourism industry which is evidenced by strong passenger numbers at the
Winnipeg Richardson International Airport.
The non-residential construction sector is expected to have a very strong
year in 2018. This includes construction of the $165 million tower at 300
Main Street which is expected in begin in Spring 2018 and is expected to be
completed by mid-2020. The 40-storey skyscraper will feature residential
units on the upper floors with retail and office space on the lower levels.
1.4%
Winnipeg is steady economic growth projected to
continue at this rate in 2018
1.6%
Winnipeg’s 2018 projected job growth
4,500 Units
Housing starts to continue unabated at
this average rate over the next 4 years
Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,
rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
BRIDGWATER CENTRE
FOR LEASE
27+ ACRES SHOVEL READY MIXED USE LAND
WINNIPEG, MB
Spotlight on Southwest Winnipeg
Southwest Winnipeg continues to dominate
growth headlines for the greater Winnipeg N POLO PARK
DOWNTOWN
SHOPPING
region. Kenaston Boulevard, Southwest WINNIPEG
CENTRE
Winnipeg’s key north-south thoroughfare has
been home to Winnipeg’s most prominent
suburban commercial growth over the last
fifteen years. This Includes Winnipeg’s IKEA,
a new outlet mall by Ivanhoe Cambridge, KENASTON BOULEVARD
Tuxedo Business Park (600k+ sf of blue chip Host to Winnipeg’s most
office tenants), and the prominent Kenaston/ prominent regional retail
McGillivray retail node (1.3M+ sf). Kenaston
links Winnipeg’s 4M+ sf Polo Park commercial/
retail node with these prominent growth
districts, and Winnipeg’s largest high-income
neighbourhoods (Tuxedo, River Heights, IKEA & SEASONS
OUTLET MALL
Lindenwoods, Waverley West, etc.), forming
Winnipeg’s golden corridor.
Waverley West and Bridgwater Centre are
fully integrated with this prominent regional
corridor. Waverley West is Winnipeg’s most
ambitious, most popular (2500+ new residents
UNIVERSITY
per year) master planned subdivision.
OF MANITOBA
Bridgwater Centre’s compelling premium-
BRIDGWATER CENTRE
quality urban town centre format offers an
unrivaled live/work/play destination, well
positioned to take advantage of Kenaston’s
regional draw, a high density of high income
households nearby, excellent residential
BISON DRIVE
demand dynamics, as well as a future direct
connection to the nearby University of
Manitoba (30k+ student population)
FUTURE EXTENSION
WAVERLEY WEST
Winnipeg’s wealthiest &
fastest growing new
subdivision
(2,500+ new residents per year)
Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,
rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
BRIDGWATER CENTRE
FOR LEASE
27+ ACRES SHOVEL READY MIXED USE LAND
WINNIPEG, MB
Waverley West Master Plan
Waverley West is the most ambitious and
desirable master planned subdivision in
Winnipeg’s history. Encompassing 3,000
acres, Waverley West is growing at a pace of
over 2500 residents per year. Conveniently
integrated to the rest of Winnipeg by way of
Kenaston Boulevard, southwest Winnipeg’s
most important and commercially-desirable
north-south thoroughfare, Waverley West has
quickly become the highest reputed residential
growth district in the southwest. Bridgwater BRIDGWATER FOREST
Town Centre has been designated the heart of (+/-) 1,600 UNITS
this rapidly growing community.
BRIDGWATER CENTRE
(+/-) 1,000 UNITS
BRIDGWATER LAKES
(+/-) 1,200 UNITS FUTURE GROWTH
(+/-) 2,150 UNITS
BRIDGWATER TRAILS
(+/-) 2,050 UNITS
SOUTH POINTE
(+/-) 4,000 UNITS
PRAIRIE POINTE
(+/-) 4,000 UNITS
Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,
rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Jane Arnot (Deal Lead)
Associate Vice President
T 204 928 5018
C 204 471 1248
jane.arnot@cwwinnipeg.com
Chris Macsymic
Vice President
T 204 928 5019
C 204 997 6547
chris.macsymic@cwwinnipeg.com
Jonah Levine
Sales Representative,
Retail & Investment
T 204 934 6211
jonah.levine@cwwinnipeg.com
Brett Intrater
Sales & Leasing Representative
T 204 934 6229
C 204 999 1238
brett.intrater@cwwinnipeg.com
Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,
rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
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