Between 1903 and 1905, Winnipeg real estate agent Frederick W. Huebach began to purchase land for the Tuxedo Park Company, Limited, the controlling investors of which were located in the United States: E. C. Kenaston, E. C. Warner and Walter D. Douglas. Huebach was a managing director of the firm. In 1905, the company acquired farmland owned by Mary and Archibald Wright. This significant purchase, as well as several smaller land purchases, increased the amount of land intended for development to approximately 3,000 acres. Huebach planned to see the area transformed into a “Suburb Beautiful”, and approached architect and engineer Rickson A. Outhet at his Tuxedo Park, New York office to create an appropriate plan. Outhet visited Winnipeg in 1906 to survey the land and complete work on this commission (Manitoba Free Press, April 17, 1906). In 1910, Huebach and associates created the South Winnipeg Company and engaged the Olmsted brothers to plan the subdivision west of the Agricultural College. This plan included details of a site intended for a university. West of the proposed university site lay an area referred to as “Rydal” or “West Rydal”, which was laid out for residential development. While plans to develop the area were delayed for a variety of reasons, investors continued to support the venture and a number of companies were created to manage land transactions and investment: Tuxedo (Winnipeg) Syndicate, Limited; South Winnipeg Limited (later South Winnipeg 1923 Limited); Norwood (Winnipeg) Syndicate, Limited; Warner Land Company; Tuxedo Estates, Limited; Kenaston Realty Company; Univrsity Estates, Limited; Assiniboine Estates, Limited; Assiniboine Investments, Limited; South Assiniboine Estates, Limited; West Rydal Limited; and The Canadian Agency.

Frederick William Heubach was born in Ottawa in 1859 and arrived in Winnipeg in 1879. He was employed first as an accountant with the Hudson’s Bay Company, and then as Manager of the Winnipeg Industrial Development Exhibition Association. In 1902, he partnered with W. J. Christie, an established real estate broker, until incorporating his own business in 1905. Huebach died in 1914.