Downtown Winnipeg is an area of Winnipeg located near the confluence of the Red and Assiniboine rivers. It is the oldest urban area in Winnipeg, and is home to the city's commercial core, city hall, the seat of Manitoba's provincial government, and a number of major attractions and institutions. The City of Winnipeg's official downtown boundaries are: the Canadian Pacific Railway mainline on the north, Gomez Street and the Red River on the east, and the Assiniboine River on the south; the western boundaries of downtown are irregular, following along a number of different streets, back lanes, and across properties. Generally speaking, the western boundaries are rarely further west of Balmoral and Isabel Streets. In 2016, Canadian Geographic produced a map that generalize Winnipeg's downtown boundaries. Neighbourhoods in the downtown area include the Exchange District, Central Park, The Forks, and Chinatown. The downtown area is roughly . Winnipeg Square, Canada Life Centre, Portage Place, and the flagship store of The Bay (closed 30 November 2020) are all located on the downtown section of Portage Avenue. On Main Street are Winnipeg's City Hall, Union Station, and the Manitoba Centennial Centre, which includes the Manitoba Museum, the Planetarium, the Centennial Concert Hall, and the Winnipeg Railway Museum. Although over 60,000 people work downtown, only 13,470 people actually live in the Downtown area. There are several residential projects under construction on Waterfront Drive and in the Exchange District, and the residential population of the area is projected to increase substantially in the next few years. Neighbourhoods The Downtown Winnipeg Zoning By-Law defines the boundaries of the Downtown planning area, and several sectors within it. The downtown census area is slightly smaller, omitting a three-block extension at the north edge. There is also a significantly larger Downtown community area, used for Community Social Data Strategy for Winnipeg. Waterfront District The Waterfront District is a newly emerging mixed-use development located in the northeast corner of downtown Winnipeg. The district runs along the west bank of the Red River along Waterfront Drive and features Stephen Juba Park.The Waterfront District has seen a number of residential construction projects since 2005. Moreover, there have been plans to extend Waterfront Drive further north, to connect it with the Disraeli Fwy. Developer Leon A. Brown has offered up to 12 properties for redevelopment in the area. Sunstone Boutique Hotels had an $11-million plan to build a three-storey, 67-room boutique hotel