Shindico Realty Inc. in partnership with Cadillac Fairview are pleased to announce that plans are underway to transform the Polo Park area into a modern, mixed-use destination centre.
Transformational plans include the CF Polo Park, Plaza at Polo and Polo North Developments, located on Portage Avenue and St. Matthews Avenue between St. James Street and Empress Street.
Concept plans include the construction of a significant number of multifamily buildings with thousands of first-class multifamily units. This project will take place over the next decade and represent over one billion dollars of investment.
Plans to bring much-needed new residential to the Polo Park area have been underway for several years. “This is a once in a lifetime opportunity to create a vibrant community around the most successful shopping centre on the Prairies. Shindico is excited to have attracted this significant investment in Winnipeg.” added Shindico’s President and CEO Sandy Shindleman.
About Shindico
Since 1975, Shindico has been a market leader in commercial real estate and investment management in Canada, providing full service to owners and occupiers of retail, office, industrial and multi-residential property. We are proud of our asset management top performance and industry-leading brokerage, development, property management and tenant representation teams. Our in-house capabilities allow us to draw upon the diversity of skills and talents needed to excel at managing property assets.
We are proud affiliates of CORFAC International, an alliance comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services.
Our retail division team are members of the Retail Brokers Network (RBN). Founded in 1992, RBN is a retail networking group whose members specialize in Retail Real Estate Brokerage. Our independent firms work together on a regional, national, and even the international level in all areas of commercial real estate including: tenant representation, investment sales, and project leasing.
About Cadillac Fairview
Cadillac Fairview (CF) is a globally focused owner, operator, investor, and developer of best-in-class real estate across office, residential, logistics, life sciences and mixed-use asset classes. As the real estate arm of Ontario Teachers' Pension Plan, which has $242bn of assets under management, CF currently manages in excess of $42 billion of assets across Europe and the Americas, with further expansion ongoing into Europe and Asia.
CF invests in communities with like-minded partners, including Stanhope and Long Harbour in the UK, Lincoln Property Company in the U.S., and Multiplan in Brazil. The company's Canadian portfolio comprises 68 landmark properties, including the Toronto-Dominion Centre, CF Toronto Eaton Centre, Tour Deloitte, CF Carrefour Laval, CF Chinook Centre and CF Pacific Centre.
Continually striving to make a positive impact in communities where it operates by promoting social connection, growth, and a sustainable future, CF's Purpose is Transforming Communities for a Vibrant Tomorrow.
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For further information please contact:
Sandy Shindleman, CCIM, SIOR, CRE, FRICS
President
Shindico Realty Inc.
(204) 474-2000
www.shindico.com
