HD0101 - 2018 - REDEVELOPMENT OF MANITOBA HOUSING OWNED LAND ON MAYFAIR AND RIVER AVENUE

Manitoba Housing owns the Province's housing portfolio and provides subsidies to approximately 34,900 housing units under various housing programs. Within the portfolio, Manitoba Housing owns 17,600 units of which 13,100 units are directly managed by Manitoba Housing and another 4,500 units are operated by non-profit/cooperative sponsor groups or property management agencies.
In 2017, Manitoba Housing demolished a 75 unit family project at 145 River Avenue and 124 Mayfair in Winnipeg which it owned and operated. Redevelopment opportunities are now being explored for both these properties for multi-residential and mixed-use.
Manitoba Housing is committed to support the construction of new affordable and/or social housing rental units and will explore entering into a partnership arrangement with a private or non-profit sector proponent to redevelop and market the River and Mayfair Avenue site.
The partnership arrangement could involve Manitoba Housing and the successful proponent entering into a Joint Venture agreement based on proportionate shares in the development.  As Manitoba Housing is the sole land holder of the property, it could sell a portion of its land to the proponent and both partners would share in the cash distribution.  Manitoba Housing could subdivide the land and sell to proponents on the condition that a portion of the land be developed for rental housing purposes.  Alternatively, an outright purchase of the land with an acceptable multi-residential, mixed-use development scheme would also be considered. 
Manitoba Housing is seeking proposals for the proposed redevelopment of 145 River Avenue and 124 Mayfair in Winnipeg, Manitoba.
A competitive project selection process is being used to ensure that the most appropriate, sound and cost-effective project proceeds to commitment.  Further details can be found in Section 3.0 of this REOI document.

Written inquiries are to be directed to: