The University of Winnipeg Community Renewal Corporation (UWCRC) is a not-for-profit charitable organization established to support the development of a sustainable University community, guided by the four pillars of sustainability: environmental, social, economic and cultural.
Work done by the UWCRC has included a direct contribution to the positive revitalization of Winnipeg’s downtown and advancement of the UWinnipeg campus and community as an innovative, dynamic and sustainable place to live, work, and play.
In 2016, the Board of UWCRC and the Board of Regents of the University of Winnipeg saw the benefit in creating a parallel development corporation (UWCRC 2.0) to foster values-driven development in the broader community and to provide an entrepreneurial response to the University’s ongoing financial challenges.
The mandate of UWCRC 2.0 is to apply UWCRC’s values, skills, competencies, and experience to non-University specific economic development activities. UWCRC 2.0 is mandated to develop wholly-owned or joint-venture real estate developments and to provide development, project management and property management services to other post-secondary institutions, non-profit organizations and First Nations clients.
UWCRC 2.0 is currently working on several mixed-use (commercial/residential), mixed-income (market/affordable) housing projects, which are in the pre-development phase in downtown Winnipeg. These projects include, the West Broadway Commons, a 110 unit residence in partnership with a local church and a wholly-owned 119 unit residence at 290 Colony Street in Winnipeg’s downtown arts precinct. UWCRC 2.0 has also been retained by Brandon University to facilitate a planning process for a University led revitalization of Downtown Brandon.
As this stream of revenue grows, UWCRC 2.0 will be in a position to make regular financial contributions towards UWinnipeg’s academic and research programs and future capital projects.
“All UWCRC projects and initiatives are considered in terms of how they holistically perform according to the four pillars of sustainability.”
– Sherman Kreiner, Managing Director, University of Winnipeg Community Renewal Corporation (UWCRC)