It will be interesting to see what he does with the buildings....not a lot of people are keen to even go that area.
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That's not a bad part of Main. It's opposite Earls, not too far from the human rights museum. You're probably thinking of the section of Main that is NORTH of Higgins.
ALTHOUGH, I will say that the old Macdonald block which is currently being renovated, WAS being used as a rooming house, as is the Winnipeg Hotel. Therefore it is true that some pretty unsavoury individuals reside/resided within. However, with the purchase and renovation of the Macdonald Block and Winnipeg Hotel, the immediate area should become more desirable.