Premier Wab Kinew says he won't disclose how much the Province of Manitoba has agreed to pay to lease 265,000 square feet of space in a new medical tower slated to rise above Winnipeg's Portage Place.

True North Real Estate Development, the real-estate wing of the company that owns the Winnipeg Jets, exercised its options on Monday to purchase the beleaguered downtown mall. This paves the way for a $650-million redevelopment that includes a new medical tower over the east side of the property and a new residential tower over the west side.

The premier said Tuesday he will not reveal the financial terms of Manitoba's support for the project, which primarily comes in the form of Shared Health and Winnipeg Regional Health Authority leases for a primary-care clinic, mental health and addictions services, an expanded Pan Am Clinic and spaces for surgery, diagnostics and renal dialysis, among other medical services.