Manitoba Hydro's new $188 million world-class energy efficient headquarters is designed to meet Hydro's current and future business needs while serving as a model for highly energy-efficient building design and operation. The 22-storey building will encompass approximately 690,000 square feet, including public, retail, commercial and Manitoba Hydro office space. It will include the areas required to achieve the building's energy reduction target of 60 per cent – which would make it one of the most energy efficient buildings in the world. The building is slated for completion in May 2008.