December 8, 2011
Temple REIT announces acquisition of Regina Wingate Inn
Temple Real Estate Investment Trust of Winnipeg (TSXV: TR.UN) announced this week it has acquired the Wingate Inn in Regina for $16.15 million. Located at 1700 Broad Street at Saskatchewan Drive, the seven-storey Wingate Inn has 118 guest rooms, a 6,000-square-foot restaurant, meeting facilities and a fitness centre.
Temple REIT already has hotels in Alberta (in Lloydminster, Red Deer and Fort McMurray) and in Moose Jaw, Saskatchewan.
The Wingate Inn is across from Casino Regina and two blocks from the site of the proposed new stadium for the Saskatchewan Roughriders of the Canadian Football League. That site is currently a Canadian Pacific Railway yard.
DCN DIGITAL MEDIA
| MOST POPULAR STORIES |
- Where does labour law stand on ladder safety?
- PCL Constructors works on Humber River Regional Hospital in Toronto
- Widespread opposition to Ontario College of Trades membership classes
- EllisDon to build performing arts centre for Queen’s University in Kingston, Ontario
- Disclosure bill an attack on unions, says organized labour
- 20 Most Popular Stories
| TODAY’S TOP CONSTRUCTION PROJECTS |
These projects have been selected from 472 projects with a total value of $3,018,122,449 that Reed Construction Data Building Reports reported on Tuesday.
RESIDENTIAL, MIXED-USE, RECREATIONAL DEVELOPMENT
$514,000,000 Toronto ON Starts
$210,000,000 Toronto ON Prebid
CONDOMINIUM APARTMENT BUILDING
$138,000,000 Toronto ON Prebid
| CURRENT STORIES |
- Infrastructure Ontario launches vendor of record process
- Dominus continues construction on 57-storey L Tower condos in Toronto
- Courts rule on low bid bypass and cancellation
- Monarch continues building Waterscapes on Toronto lakefront
- Nordenstrom new Canadian executive director for North American Insulation Manufacturers Association
- Windsor, Ontario lets commercial landowners keep Jersey barriers in place
- Milestone Environmental inks $7.3 million sediment capping project near Marathon, Ontario
- Romney will build TransCanada Keystone XL pipeline himself if he has to
- Ontario Municipal Board hearing scheduled for David Dunlap Observatory lands in Richmond Hill
- New West Residential project
- Contractors willing to share expertise about mill safety
- Changes to experience ratings draw cheers and jeers
- Lack of rental housing impacting Saskatchewan mega-project
- Rebuilding a Bridge
- Continuing education is vital for the industry
- Opposing campaigns launched over Bill-377
- Nine arrested in Montreal corruption probe
- Alberta worker crushed
- BC Place named the Stadium of the Year
- Bird secures $235 million in contracts
- NAIT Alumni honoured
| ALEX’S ECONOMICS BLOG |
Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- Economic Nuggets - May 15, 2012 (May 14, 2012)
- Canada Rode a Second Consecutive Month of Strong Job Gains in April (May 11, 2012)
- U.S. Employment Rose by a Mediocre 115,000 in April (May 4, 2012)
- More
