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With the return of our home team, the Winnipeg Jets in 2011, members of the media and public were left wondering about their impact on downtown Winnipeg. 54% of business executives and owners indicated the return of the Winnipeg Jets to Winnipeg as having been a beneficial economic factor. (Manitoba Business Leaders Index, 2012)

  • Downtown real estate value has increased significantly (“City reborn after NHL” WFP, 2012)
  • $600-million overhaul of 11 blocks in Winnipeg’s central business district over the next 5 years, with projects like the ALT hotel, Glasshouse Skylofts, RBC Winnipeg Convention Centre and SoPo (“City reborn after NHL” WFP, 2012)
  • Office leasing costs for Class A space has doubled from $15 or $17 per square foot to $20 or $25 (“Jets effect heats up Winnipeg’s commercial real estate market” Globe and Mail, 2013)
  • Over 15,000 people have increased profits for restaurants and bars by 30% (Real Estate News, 2013)

“More than anything, the NHL brings warm bodies on cold winter nights on a regular basis – a reason to be downtown that wasn’t always there before.” -Jawad Rathore, Fortress Real Developments (Globe & Mail, 2013)