Hudson's Bay Company Store 1960 Winnipeg

In this picture the Bay Parkade is only 3 storeys. It was built in 1954 to 1955 as two floors only. It proved so popular they added a third floor later in 1955.

In 1959 the Winnipeg Clinic added 6 floors to their medical building next door. It is the taller building in the foreground.

This photo is 1960. It would another four years before the Bay Parkade would have an additional fourth floor added for a 800 car capacity in 1964.

The Bay sold the Parkade in 1987. Estimates are that it takes in between $2 and $3 million a year profit. It is very likely that if HBC continued to own the parking lot that the building and lot would have been sold together for development.