City Council, City of Winnipeg 510 Main Street, Winnipeg, Manitoba R3B 1B9

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Stephanie Potter M.B.A First Canadian Centre Bank at IUfltH1t Head of Divisional Operations 6th Floor, 350-7 Avenue SW Alberta & Northwest Territories and Prairies Central Canada Divisions Calgary, AB T2P 3N9 Tel: (403) 503-7300 Fax: (403) 503-7035 March 14, 2017 City Council, City of Winnipeg 510 Main Street, Winnipeg, Manitoba R3B 1B9 Re: Opening Portage and Main Your Worship Mayor Brian Bowman and members of Winnipeg City Council: We the undersigned are pleased to present our support to consider opening the intersection of Portage and Main, with the support of the community and the commitment of the City to develop a comprehensive plan aligning the efforts, investments and vision of all involved parties that works to: minimize the impact on vehicular traffic phase in investment to improve and modernize the City s assets in the below-grade within and leading into the concourse and align with private investment in adjacent spaces commit to enhanced at-grade street-scaping and lighting significantly improve signage and wayfinding at and below grade work collaboratively towards the installation of a future artistic focal point at Portage and Main that draws visitors and Winnipeggers alike to the iconic intersection We see Portage and Main as fundamental to the connectivity and accessibility of downtown Winnipeg; we support the City of Winnipeg s efforts to create a more vibrant, walkable and accessible downtown 365 days of the year in a manner that aligns with the wishes of the public. Sharing our objectives with the City of Winnipeg allows all parties to confidently proceed in our own onsite efforts to revitalize this key downtown community and work with the City to share this iconic landmark intersection with everyone. Collectively, our organizations represent billions of dollars in existing and future investment in the Portage and Main area. Our buildings provide employment, retail, tourism, hospitality, residential spaces for thousands Winnipeggers and visitors every day. Collaboration with the City for infrastructure alignment both at and below grade is essential in ensuring the greatest public and private benefit from investing in the improved accessibility of Portage and Main. A comprehensive, collaborative plan for above-grade traffic infrastructure improvements will have the least disruptive impacts on access to our buildings, as well as at grade-level commercial spaces. We have concerns that below grade-level commercial marketability may suffer in particular from lsi() FinirwiiI (i rini

Stephanie Potter M.B.A First Canadian Centre WSb1() B Lk t Sb U III II I Head of Divisional Operations 6th Floor, 350-7 Avenue SW Alberta & Northwest Territories and Prairies Central Canada Divisions Calgary, AB T2P 3N9 Tel: (403) 503-7300 Fax: (403) 503-7035 investment that omitted equal improvements and investment to the assets in the concourse below street level. This is why a holistic approach to the intersection is critical. it would be our collective desire to have the City share with us a comprehensive plan and vision Portage and Main in Fall 2017, to ensure ongoing and upcoming efforts of all parties may be aligned as soon as possible. We look forward to working further with the City of Winnipeg on the prospect of opening of the Portage and Main intersection and area public realm improvements. Together, we can ensure the greatest public benefit from our respective investments. Sincerely, Stephanie Potter Head of Divisional Operations Alberta Er Northwest Territories Er Prairies Central Canada Divisions 1SbI() ] LriLciI ( ruii)