McLaren Hotel - Project Objectives
The McLaren Hotel Redevelopment Project will:
Realize the conversion of the McLaren Hotel to ‘3rd Stage Transitional Living’ in partnership with the Equal Housing Initiative, in addition to affordable housing at 550 Main Street.
Create a continuum of supports to encourage transition from SRO living to independent living in adjacent apartment building, while remaining a part of the McLaren community.
Introduce stability and supports to empower individuals with the objective of enabling employment and contribution to the economy.
Create affordable residential units in the Downtown, which is consistent with the City of Winnipeg’s Downtown First Agenda and Our Winnipeg’s call to foster continued Downtown renewal and residential growth.
Support Venture Philanthropy Partnerships, including Winnipeg Housing Rehabilitation Corporation and Equal Housing Initiative.
Support thoughtful densification of the downtown by removing a gravel parking lot in the heart of Winnipeg’s Downtown.
Provide new revenues to the City of Winnipeg from a new Assessed Taxation Roll.
Provide approximately 5,000 square feet of new commercial retail space at a zero-lot line, fronting onto Main Street, creating an active storefront street scene on Main Street that will increase pedestrian activity and public safety.
Increase economic activity during construction, including induced, indirect and direct jobs creation, generating new economic activity and taxation for the City and Province.
Preserve heritage components of the McLaren Hotel while ensuring the overall sustainability of the existing SRO.
Increase energy efficiency at the McLaren through renovation.
Increased Downtown Renewal and Safety.