Summary
Winnipeg-based A.S.H. Management agreed last year to buy it and redevelop it as a "green" commercial building. But the sale was conditional on A.S.H. being able to find an anchor tenant. When it couldn't, it handed the property back to CentreVenture.
"I think as long as he doesn't have too many of them (condos), it will work," [Hart Mallin] said. "But it will take a year or two.""I think that with the executive thing, you've got to be careful with that," [Bill Thiessen] said. "That's not a slam dunk anywhere in Winnipeg except maybe Wellington Crescent."See the full content of this document
Extract
Condos Slated for Portage Ave.
Saskatoon company buys building
By Murray mcNeillAn out-of-province saviour may have been found for one of the leading symbols of downtown decay -- the Avenue Building on Portage Avenue.A Saskatoon developer -- Kingdom Ventures Corp. -- has reached a tenative deal to buy the long-vacant Portage A...See the full content of this document
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