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New boutique hotel, social housing project coming to downtown Winnipeg

Summary by Ground News
The Manitoba government is handing out tax breaks for a new boutique hotel and a social housing development in downtown Winnipeg. Through the Manitoba Works Capital Incentive (MWCI), a $38.6 million Hyatt Centric-branded hotel will convert a vacant six-storey building at 325 Broadway into a 140-room hotel. The province says it's providing $5.2 million in support for the hotel over the next 20 years. The $70.5 million project is being developed by the University of Winnipeg Community Renewal Corporation 2.0 and will create 214 apartment units.

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Province of Manitoba broke the news in on Thursday, July 27, 2023.
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