The provincial government has identified which projects are eligible under the $25 million Bay Building Fund that was announced earlier this month.
“Manitobans have many memories attached to the HBC building, but it was more than just a retail location, it is part of our province’s heritage and the social fabric of downtown Winnipeg. We are pleased to offer this significant commitment and we look forward to the inspiration of private enterprise to unlock the potential that awaits for the redevelopment of this landmark building,” said Sport, Culture and Heritage Minister Cathy Cox.
The building fund is being held in trust by the Winnipeg Foundation and can be drawn from over the next ten years for eligible projects which include:
- conservation efforts to restore identified heritage elements of the building (e.g. building façade, interior curved elevator bank);
- capital repairs, such as structural repair and building stabilization;
- creation and installation of exhibits in the large display windows on the main floor or another location within the building depicting the history of The Bay Building or HBC.
If the fund has not been depleted by March 31, 2031, any remains funds will be transferred to the province’s heritage resources endowment fund and will be used to support other heritage buildings.
© News4.ca 2021
