Fulton Grove Development Promotes Renewal and Progress in Winnipeg's Parker Lands
The Fulton Grove development in Winnipeg’s Parker Lands area offers an important opportunity for revitalization and growth aligned with the city’s strategic vision. The development will provide a choice of housing (small lot single-family, townhome, condo and rental units) in an infill location.
BENEFITS
We are committed to Winnipeg's future, and this redevelopment will enhance the city's long-term well-being by establishing a well-designed mixed-use neighbourhood along the Bus Rapid Transit corridor.
ECONOMIC DEVELOPMENT
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APPROX. $127 MILLION IN GOVERNMENT REVENUE FROM CONSTRUCTION & DEVELOPMENT ACTIVITIES.
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APPROX. $1.1 BILLION IN ECONOMIC ACTIVITY.
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APPROX. 5,691 PERSON-YEARS OF EMPLOYMENT
SUSTAINABILITY
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REDUCTION OF 2,877 TONNES/YEAR IN GHG EMISSIONS.
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REDUCTION EQUIVALENT OF REMOVING 1,129 CARS FROM THE ROAD.
CITY OF WINNIPEG
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$4 MILLION/YEAR IN NEW MUNICIPAL REVENUE.
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1918 NEW HOUSING UNITS.
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SUPORT TRANSIT RIDERSHIP ON WINNIPEG'S $475 MILLION SOUTHWEST RAPID TRANSIT CORRIDOR.
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In Demand Development Near Transit (TOD)
Transit-oriented development creates vibrant, sustainable communities around rapid transit. This approach addresses the challenges of climate change and energy security by creating dense communities with reduced energy consumption.
It assists with creating affordable housing environments as there is no need for dependency on cars and driving to get around. This type of living arrangement can reduce driving by up to 85%. Fulton Grove offers impressive savings: saving residents $900/month or $10,800/year, promoting affordability. Fulton Grove is also estimated to generate approximately $1.2 million in annual transit revenue.
Thank you
Thank you for taking the time to review the details presented on this page. We trust that the information provided has been insightful in enhancing your understanding of the Fulton Grove development.