This week, the Forks Renewal Corporation announced its 20-year plan to redevelop nearly five hectares of land currently used as parking lots.

They introduced, or in some cases reintroduced, 10 concepts that will change the iconic Winnipeg landmark over the next two decades. The plans include residences, rapid transit and an elevated pedestrian walk way, among other things.

The forks will be a transit hub according to the renewal plans. (The Forks Renewal Corporation) "It's a really big project, it's huge in fact. It's about 12 acres of land. In our 25-year history it would be the biggest project we've undertaken but it would also complete the Forks," said Clare MacKay, vice-president of corporate and community initiatives at The Forks.

The development of the following 10 concepts hinges on funds from the province and federal government.

"Some of them are quite bold. We're looking at an elevated highline very similar to one that's in New York. We're looking at a community center, a residential village," MacKay said.

The future of the Forks includes: