The Allure, a mixed-use development in the heart of Waverley West

70-80 Park East Drive Winnipeg, MB R3Y 1N3

70-80 Park East Drive, Winnipeg, MB, R3Y 1N3, CA
70-80 Park East Drive, Winnipeg, MB, R3Y 1N3, CA 70-80 Park East Drive, Winnipeg, MB, R3Y 1N3, CA 70-80 Park East Drive, Winnipeg, MB, R3Y 1N3, CA
FOR LEASE
Property Type:
Mixed Use
Cap Rate:
0.00%
Last Verified:
Aug 08, 2022

Shindico Realty is pleased to bring to market, on behalf of Ironclad Developments, main level commercial space at The Allure, a mixed-use development in the heart of Waverley West. With 155 purpose built rental apartment units, this landmark six-storey development features 7,400 +/- SF of prominent commercial space on the main level. Prominent boutique storefront opportunities are available, starting at 746 +/- square feet, with a variety of demising options. Suitable for a variety of uses including: medical, personal services, professional offices, and café. Construction is underway with units scheduled to be ready for occupancy in Spring 2023. The Allure is located immediately south of Bridgwater Town Centre - anchored by Save-On Foods, Manitoba Liquor Mart & Shoppers Drug Mart. Waverley West is projected to have a population of over 40,000 at build out. Two new schools are under construction in the community, expected to open in 2022/2023.

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Map of 70-80 Park East Drive, Winnipeg, MB, R3Y 1N3, CA

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.