September 6, 2007
Bird Construction to build Winnipeg a $12.5 million police station
Bird Construction will be building Winnipeg’s newest police station under a fixed-price agreement, costing the city $12.5 million.
The public-private partnership awarded this week will see the 33,000-square-foot building completed by next September.
Huntingdon Real Estate Investment Trust will own the property with East Side Police Station, while the City of Winnipeg will lease the property for 30 years. The increasing net rental rates over the term of the lease averages $30 net rent per square foot.
The City of Winnipeg has options to acquire the property in 2018, 2028 or 2038 at a purchase price of $11 million, $8 million and $1.00, respectively.
DCN News Services
|MOST POPULAR STORIES|
|TODAY’S TOP CONSTRUCTION PROJECTS|
These projects have been selected from 515 projects with a total value of $3,642,725,048 that Reed Construction Data Building Reports reported on Friday.
$47,000,000 Metro Toronto Reg ON Tenders
$40,000,000 Ottawa ON Negotiated
$34,000,000 East Gwillimbury ON Prebid
- Ex-Canadian military bases can be transformed
- Shop and Sleep
- Martin remembered for infectious laugh and mentorship
- Staffing levels and safety drive Ontario elevator worker strike
- Proposed wood-frame use meets opposition
- Provincial MPP supporters of prompt payment legislation excited at prospects
- Concrete airplane in South Dakota takes flight
- Opposition tackle Harper government on lack of youth employment
- Construction Site Arson
- VIDEO: Journal of Commerce Update for the week of May 27th, 2013
- Commercial Construction
- Ruling vindicates company that hired Chinese workers
- Acetylene torch explosion causes significant damage
- Investigation continues in deliberate Vancouver duplex fire
- Ancient First Nations site damaged during BC Hydro work
- On Target
- Global engineering guidelines taking shape
- Fit to Work program being developed
- Dire prediction
- Canada and Ireland sign recognition agreement
|ALEX’S ECONOMICS BLOG|
Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- An Overview of Prices and Sales in the Diverging U.S. and Canadian Housing Markets (April 25, 2013)
- Canada’s Precarious Dependence on the Commodity Price Super-Cycle (April 22, 2013)
- Twenty major upcoming residential and transportation terminal construction projects - April 2013 (April 15, 2013)