April 29, 2014
"Wherever we go across Canada, we prefer to work with local construction companies who have the knowledge and expertise that is specific to their market and environment," says David Wex, Urban Capital. "In Winnipeg, Bockstael Construction is a family-owned company with a reputation for quality and reliability, having worked on some of the signature projects in Winnipeg, over their 100 year history."
Construction on Glasshouse Skylofts is set to begin in June 2014 at the Centrepoint site in downtown Winnipeg, immediately across from the MTS Centre.
"As a Manitoba-based company, we're thrilled to be part of the Glasshouse project and to work with Urban Capital," says Carmine Militano, Senior Vice President, Business Development and Innovation, Bockstael Construction Limited. "Due to its typology, Glasshouse will no doubt become a beacon in downtown Winnipeg, physically and metaphorically."
Consistent with Urban Capital's high-design urban condominiums in other Canadian cities, Glasshouse's floor-to-ceiling windows, nine-foot ceiling heights, industrial-chic style and numerous amenities, including a boutique hotel-style lobby and roof-top terrace and lounge, are features normally associated with luxury condominiums in North America's largest cities, and Glasshouse is bringing them to Winnipeg, setting a new standard for residential development in the city.
The 21-storey, $35 million Glasshouse building adds to the transformation that is taking place in the downtown area, and will leverage the synergies arising from the establishment of the sports, hospitality and entertainment district (SHED) which includes the expanded RBC Convention Centre, the ALT Hotel, Centrepoint, the Met, the updated cityplace and future projects, including So/Po Square.
"Winnipeg has embraced this project," adds Wex. Our purchasers are looking into the future of downtown Winnipeg and seeing a lifestyle and an investment opportunity that they want to be a part of."