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This article was published 11/3/2015 (2019 days ago), so information in it may no longer be current.

CentreVenture Development Corporation CEO Angela Mathieson said today she's optimistic True North's proposed $400-million downtown development will proceed.

"We have been asked to provide some further information to the city that they feel they need with respect to the economic impact and the business plan around the True North project," Mathieson told reporters following an address to a Building Owners and Managers Association luncheon.

"We are going to be providing them with that information within the next couple of days," she added. "So I would suggest at this point in time that we're optimistic. And I think the mayor is asking us if we can put together a path forward for the project and most importantly to build a new hotel for the Convention Centre."

True North Sports & Entertainment's plan calls for the construction of a new hotel, office and retail space, housing and a public square on two plots of land south of Graham Avenue.

The project has become the flashpoint for a dispute between Winnipeg's rookie mayor, Brian Bowman, and CentreVenture over the way it has handled its dealings with True North.

Bowman has said he thought there has been too much secrecy surrounding the project -- an allegation CentreVenture and True North officials have hotly denied.