Building boom in Kemptville, Ont., to continue … for years

Building boom in Kemptville, Ont., to continue … for years

The community of Kemptville is in the midst of a boom that has new residents, and developers, flocking to the town located just south of Ottawa. The area has experienced impressive growth during the past five years, spurred by companies such as Colonnade Bridgeport and LA Group. These firms saw potential in the Township of North Grenville’s largest community years ago and are continuing to lead the charge today.

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Why Ottawa’s housing market steers a steady course

This spring the Ontario government announced measures intended to curb the excesses of the residential real estate market in the Greater Toronto Area. In June, the Toronto Real Estate Board reported a 37 per cent drop in home sales year-over-year. But what about Ottawa – you know, that other city in Ontario? How is Ottawa faring?

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Green roof revolution taking root in Canada

When the Montreal borough of St-Laurent asked grocer Richard Duchemin to install a green roof on top of half of his new IGA grocery, he decided to take things a step further – he installed a 25,000 square foot urban farm above his store. His urban rooftop farm is believed to be the first of its kind for a Canadian grocer.

Sustainable Biz Canada

PIRET buys 8 Canadian industrial properties

When Pure Industrial Real Estate Trust president and CEO Kevan Gorrie told RENX in an interview earlier this year his company would continue its torrid buying and selling pace in 2017, he wasn’t exaggerating. PIRET (AAR.UN-T) announced in a release it will buy eight distribution and logistics centres in three major Canadian markets for $365 million.

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Vaughan’s third Transit City tower nearly sold out

Construction of the third Transit City Condos tower at Vaughan’s SmartCentres Place has been moved ahead by a year because demand for housing in suburban transit nodes means it, too, has “substantially sold out.” SmartREIT, Mitchell Goldhar and CentreCourt Developments, the three partners in the condo tower project, made the announcement Wednesday in a release.

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Cost and energy savings for Edmonton’s large buildings

SPONSORED CONTENT: Large building owners and managers in Edmonton are invited to register for the City of Edmonton’s Large Building Energy Reporting and Disclosure (LBERD) pilot program. The program will give participants important building energy performance information to help reduce operating costs and improve energy efficiency.

Learn more about the pilot program

Six months ago: Downtown Toronto office market will remain tight

Downtown Toronto’s office building boom shows no signs of slowing down, which is a good thing for companies looking for lots of space and having difficulty finding it. “Downtown Toronto has seen remarkable growth over the past few years, and has performed well since the financial crisis,” said Cushman & Wakefield national director of research Stuart Barron.

Property Biz Canada

One year ago: Hamilton’s historic Pasadena to become new condo

Paven Bratch had great success in restoring a 142-year-old building in downtown Hamilton into the popular Radius restaurant and will try to duplicate it with the nearby The Pasadena condominium. “I know the perils and joys of working on heritage buildings,” said Bratch, a self-described “serial entrepreneur from the marketing and technology world” who has now formally founded a Hamilton-based development firm called Metro Partners.

Property Biz Canada

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