To downtown passersby, the landmark Hudson's Bay Company building may look the same as it has for almost a century, but inside, work continues on its transformation. 

The executive director of Heritage Winnipeg says we need to rethink how we reuse spaces like the Bay downtown after a valuation of the building finds it is worth virtually nothing.

 Jeff Thompson, who owns the property at 514 Wellington Crescent – also known as the ‘Gordon House’ after its original owner, businessman James T. Gordon – has been trying to work his way through the red tape so he can tear down the house and put up condos.