Urban planners laud them, condo buyers love them, but mixed-use commercial/residential developments have yet to win the hearts of Winnipeg retailers.
The Excelsior on Waterfront Drive, Place Joseph Royal on Provencher Boulevard, Pulse on River Flats & Lofts on River Avenue — there’s no shortage of high-profile commercial/residential developments that have been a hit with residential users, but a bust with retailers.
With The Excelsior, for example, Sherwood Developments Ltd. has sold 46 of its 48 residential units, but has leased out only 850 of its 11,000 square feet of commercial space. And that’s after three years of trying.
Place Joseph Royal has sold all 58 of its residential condos, but has leased out less than half its 8,000 square feet of commercial space.
And Pulse on River has sold 41 of its 44 residential condos, but the building’s commercial listing agent,Rennie Zegalski of C.B. Richard Ellis Chartier & Associates, is having a tough time finding tenants for the two main-floor commercial units.
It’s been a similar story over at the Excelsior — lots of tire-kickers but few buyers, according to Sherwood Development president Fausto Pereira.
Pereira admits he’s perplexed by the lack of interest on the part of retailers or other commercial operators.
“I thought we’d be at least 50 per cent leased by now.”
Officials have a few theories about why local retailers aren’t going gaga over mixed-use developments.
Pereira and CentreVenture Development Corp. CEO Ross McGowan said one of the most common complaints they hear is that there aren’t enough people living in the Waterfront Drive/East Exchange area to support businesses like grocery stores, bakeries or coffee shops and restaurants.
Another is that $20 per square foot, the going net rate for new retail space in the city, is too pricey for most mom-and-pop-style retailers.
That means developers and city officials need to find a way to make the rents more affordable, said Jino Distasio, director of the University of Winnipeg’s Institute of Urban Studies.
Distasio said other cities have used a combination of tax breaks and rent subsidies to accomplish that, and he noted the City of Winnipeg already offers some tax breaks for downtown developers.
McGowan said CentreVenture is also willing to consider rent subsidies as a way of spurring more downtown retail development. But it’s up to developers and property owners to come up with proposals. “We’ll help, but we’re not going to lead,” he said.
The rent-reduction approach worked with the lone retail tenant that Sherwood Developments has lured to The Excelsior.
Angela May, owner of Lash Love/Love Nail Bar, said she was able to negotiate a break on her rent, although she isn’t allowed to say how much of a break. That, coupled with Sherwood’s willingness to help with tenant improvements to her space, is what persuaded her to set up shop there.
Distasio said higher population densities is one of the reasons why mixed-used developments have been so successful in larger cities.
It also helps that larger cities often have subways or some other form of rapid transit, he said, because mixed-used developments often spring up around key transit stops.
http://www.winnipegfreepress.com/business/Few-set-up-shop-in-mixed-use-buildings-68545687.html
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Article Storehouse | Do It Yourselfer Mike the Plumber
Do It Yourselfer Mike the Plumber
By: Terry S Vostor
It is often coined that you can tell the skill level and thoroughness of a tradesman by inspecting his toolbox. By having specific and the correct tools for the job this signals the completeness and competency level afforded and valued by the worker or even home handyman to be awarded or even given the job or tasks
Although the tools that you decide to purchase depend on how deeply you are involved in home repairs in general and in plumbing projects in particular , there are certain basic tools that any self respecting do it yourself plumber should have.
Copper pipe and copper tubing require some special tools. Since you should avoid using the infamous hacksaw on copper pipe, be sure to have a tubing cutter in your toolbox. A small size cutter moreover makes it so much easier to work in close quarters, and you will be amazed at how many plumbing chores are performed in cramped surroundings. You will also need a propane torch for sweat soldering and a flaring tool for making flare connections at pipe joints.
Just like copper pipes, galvanized steel pipes also require some special tools. When cutting such a pipe you should have a combination vise one that has a section with pipe jaws or a yoke and chain vise, both are which are made especially for pipe work. A pipe cutter tool is easier to use than a hacksaw, but be sure that the cutter is designed for galvanized steel pipes.
Pre-prepared forms of stainless steel or commercial types of tubes and plumbing fixtures are more convenient to handyman. Still blank units can well be better time value overall – you can count that the extra effort to thread and furnish your own products will perfectly fit the threads completely and ,fully without leaking in the seams or joints over the greatest passages of time. Even though your plumbers skills may be limited you can bet that there is always someone more knowledgeable to inquire to – whether by telephone or online. Take time to delve deeper for greater expertise. If in doubt simply call Mike the plumber note Mr. know it all and great fore-giver of personalities Max Labovitch.
None of the equipment required are especially unique that they could not be found at your local Canada tire big box store. The care of the tradesman is in their choice and choices. Rigid plastic pipe can be cut with a fine-toothed hacksaw (or if you prefer a plastic tubing cutter); Its amazing the level of finished trim afforded by simple hobby knifes – not unlike those utilized by the hijackers of planes on 9-11. On most common types of plastic pipe and pipes fittings are joined with solvent cement. The advantages to a flare fitting are that they can be taken apart easily with a pair of open-ended wrenches; and that they can be used in situations where sweat soldering is either dangerous ( fire hazard) or next to impossible ( that being usually uncontrollably wet conditions. The flip side of the equation is that flare fittings are much more costly than the ones you simply sweat-solder; Its just a matter of simply tightening the bolts.
Lastly for sealing large cast iron drainpipes against leaks, you will need a caulking tool for packing the oakum into the joint, a melting pot for heating the lead. And a ladle for pouring the molten lead over the oakum.
Author Resource:-> Terry S Vostor One Hour Wpg ManitobaFurnace Deals 1 Hours Furnasman Winnipeg http://onehourcanada.com
Article From Article Storehouse
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