Building CentrePort south: an eConomiC Boom for winniPeg

w w w . C e n t r e P o r t C a n a d a . c a

TM

july 2016

C e n t r e P o r t C a n a d a e x p r e s s

Members of Winnipeg City Council toured CentrePort Canada’s footprint last month, where they received an up close look at the enormous economic opportunity that has emerged for the city.

“The economic potential of developing CentrePort South is staggering,” said Diane Gray, President and CEO of CentrePort Canada Inc.

“We are talking about nearly $1.5 billion in new private investment and nearly 1,000 new jobs - opportunities that are waiting for CentrePort’s city lands to become available.”

The tour took council through CentrePort’s 20,000-acre footprint, which includes CentrePort North (RM of Rosser lands) and CentrePort South (City of Winnipeg lands). Development to date has been clustered in CentrePort North, where more than 270 acres have been developed or are in development by 46 different companies including major new operations by FedEx Freight, Canada Cartage and Cassidy Manufacturing.

The tour, which included representatives from CentrePort, Winnipeg Airports Authority, Winnipeg Airport Lands Corp (WALC), and Yes! Winnipeg, told council and city administration that there are nearly 1,800 net acres of develop-able land in CentrePort South that are in urgent need of servicing. This includes 1,100-acres industrial; 257-acres west airport campus; and 400-acres residential.

“Every day we have investors looking for land but there’s a shortage of shovel-ready land in Winnipeg,” said Martin McGarry, President of Cushman and Wakefield Winnipeg and a member of WALC. “We have to address this or be prepared to see prime opportunities end up in other communities.”

CentrePort South Would Provide $17 Million Annually in New Property Taxes and 17,600 Permanent Jobs

Vince Barletta, Leader of Yes! Winnipeg, told councillors the situation is urgent - Yes! Winnipeg currently has six major business attraction opportunities that could only be sited at CentrePort - representing more than $1.48 billion in new private investment and nearly 1,000 new jobs.

An economic impact study shows that a full build-out of CentrePort South’s industrial lands would be a boom to the local economy, providing:

- $35 million in construction-related local taxes and $17 million annually in new municipal property tax revenues;- 15,055 person-years employment from construction and 17,600 permanent jobs post construction;- $1.22 billion boost to the Manitoba GDP; and- $2.09 billion in new assessment values for the City of Winnipeg.

Additionally, expanding residential housing in the area would provide 2,800 new single and multi-unit dwellings in St. James; generate nearly $6 million annually in new property tax revenues; and take advantage of existing, underutilized residential services and infrastructure, as the area is connected to the established neighborhoods of Crestview and Heritage Park.

#foreCentrePort - where fun is Par for the Course

CentrePort Canada Inc. recently hosted its third annual invitational golf tournament - presented by Shindico Realty - to say thanks to the many partners and supporters who contribute to the ongoing development of Manitoba’s inland port. Entry to the tourney is complimentary but proceeds from sales of prize tickets go towards scholarships and bursaries at Red River College and Manitoba Institute of Trades and Technology.

Manitoba Chambers of CommerceManitoba Institute of Trades & Technology

MTSPrairie Rail Solutions

Thompson Dorfman Sweatman LLPWinnipeg Chamber of Commerce

Winnipeg Construction Association World Trade Centre Winnipeg

Bel Acres Golf & Country ClubBison Fire ProtectionCando Rail Services

Downtown Winnipeg BIZ

EncoreFXGHY InternationalHerzing College

MacDon Industries Ltd Manitoba Trucking Association

NASCOPegasus Publications

StantecUniversal Rail Systems

2016 MARkeTIng PARTneRS

S t r a t e g i c Pa r t n e r S

P r e f e r r e d Pa r t n e r S

a S S o c i a t e Pa r t n e r S

CentrePort Canada Inc. is pleased to welcome Tim Feemster, a prominent site selection consultant and leading logistics and supply chain strategist, to its Board of Directors.

“I’ve been following CentrePort’s progress for over five years and have been impressed by the development of North America’s largest inland port,” said Feemster, managing principal at Foremost Quality Logistics in Dallas, Texas.

Feemster has more than 40 years of international experience in business attraction, site selection, economic development, planning and SWOT analysis, industrial park and greenfield development, FTZ operations, and logistics and supply chain strategy.

new direCtor

Centrallia a hit with mexiCan delegation

CentrePort Canada Inc. was out in full force for Winnipeg’s third international Centrallia, hosted by World Trade Centre Winnipeg in May.

Among CentrePort’s many activities over the three-day conference was playing host to a large delegation of business leaders from Mexico who are interested in opportunities to do business directly with companies in Winnipeg and at CentrePort.

The enthusiastic delegation also had the chance to meet with Growth, Enterprise and Trade Minister Cliff Cullen, who is also the lead minister for CentrePort development. The delegation was impressed with how generous the minister was with his time and discussions are continuing about how to further increase trade between Manitoba and Mexico.

Centrallia attracted nearly 700 delegates from 30 countries, from Paris to Sao Paulo to the Philippines.

KEEPING YOU ON TRACK - Universal Rail Systems provides fully integrated, turnkey railway services and solutions, as well as project management services, to the railway industry across Canada. The company’s project management services extends to sectors outside of the rail network including new construction, and mining, oil and gas. Visit www.universalrail.com

SHOVELS IN THE GROUND - Stuart Olson is one of Canada’s largest and most respected construction services. Prominent local projects include the Standard Aero/General Electric cold weather testing facility, Maple Leaf Foods’ 475,000 square-foot-processing facility, and TD Centre, a 33-storey office tower in downtown Winnipeg.Visit www.stuartolson.com

RISING UP FROM THE PRAIRIES - PCL Construction is a group of independent companies owned by employee shareholders across Canada, the United States, and Australia. PCL, which began on the prairies, has built many signature projects in Winnipeg including the Canadian Museum for Human Rights, Manitoba Hydro’s downtown office tower, and IKEA.Visit www.PCL.com

JOIN THE CENTREPORT COMMUNITY - CentrePort Canada Inc. now has 36 marketing partners who enjoy a range of benefits including meetings with decision makers; networking events; joint marketing opportunities; and the potential for business referrals. For more information contact Carly at cedmundson@centreport.ca or 204-784-1311.

FOR THE RECORD - The Winnipeg Free Press is Manitoba’s largest daily newspaper and is widely regarded as the paper of record in our capital city and province. The paper’s roots date back to 1872, when it began as the Manitoba Free Press - only two years after the province joined Confederation. Visit www.winnipegfreepress.com

facebook.com/ CentrePortCanada

Diane Gray@CentrePort or@RivaHarrison

CentrePortCanada

new to the CentrePort Community

ConneCt with us

CentrePort Canada Inc. joined many in the community in saying a big thanks to outgoing Winnipeg Chamber of Commerce President and CEO Dave Angus.

Among his many achievements, Angus is one of the leaders who helped turn the vision of an inland port into the reality of CentrePort Canada.

Thanks Dave for your constant support - you’ll be missed!

Bye dave!it’s Been great

Manitoba Institute of Trades & Technology is receiving $1.1 million from Western Diversification to support further skills development in the print industry in Manitoba.

“Not only will our students now work and learn on the most state-of-the-art equipment available,

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