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Apt. builders offer strategies to keep projects flowing as costs rise
Apt. builders offer tips to keep projects flowing as costs rise
The pace at which construction costs in in Canada have been rising has slowed, but elevated development and building prices remain among the major challenges impeding the pipeline of new housing projects, stakeholders say.
26 buildings proposed for 2 Burnaby mixed-use projects
Create Urban Developer Corp.'s proposed Burnaby Lake Heights would include 12 residential and mixed-use properties and more than 3,500 homes. Sperling Limited Partnership's Burnaby Lake Village would include 14 residential and mixed-use buildings with more than 4,800 new homes.
Hamilton's waterfront dev. expected to generate millions
The city's plan to transform Hamilton's waterfront from a hodgepodge of parking lots, trails and buildings into state-of-the-art parks, condos and shops is expected to generate millions in taxes. The West Harbour redevelopment will take up to 20 years.
 | The Apartment Building Expert Apartment buildings and the value of communityDerek LoboFounder and CEO , SVN Rock Advisors Inc. |
HomeEd acquires 248 Edmonton rental units
HomeEd, the City of Edmonton Non-Profit Housing Corporation, has acquired a new 248-unit apartment development in the Northeast Edmonton neighborhood of Abbottsfield. Rundle at Riverview Crossing was acquired from Ayrshire Group, a local community-minded developer.
Chard's 3-tower, mixed-use project heads to Victoria public
Plans for Chard Development's three mixed-use tower blocks — two of which would be 21 storeys — at the north end of downtown Victoria will go to public hearing this spring, along with a proposal for a 90-unit supportive-housing building.
Arista proposes 19-storey mixed-use near Eglinton Line 5
Arista Homes has proposed a 19-storey mixed-use condominium at 444 Eglinton Ave. W. near an upcoming Eglinton Line 5 station. The Core Architects-designed building would include new residential units in addition to retail space.
Recycling, net-zero key elements of Rosefellow redev.
Rosefellow is integrating significant recycling efforts into its plans to redevelop the former Owens Corning property in Candiac, in Greater Montreal. Most of the material from the demolition of the existing building will be repurposed for new uses.
Calgary aims to annex 415 acres from Foothills County
An upcoming open house will give residents a chance to ask questions and provide feedback about a City of Calgary proposal to annex approximately 415 acres from Foothills County on the west side of Calgary's city limits.
Surrey restarts municipal-owned development firm
Surrey City Development Corporation, the municipal government’s wholly owned, for-profit private real estate development company, has been reactivated, with a new independent board of directors and Michael Heeney as the interim president and CEO.
Fabricland lands at Yonge & Bloor in Toronto
Fabricland has officially opened at 13-15 Bloor St. W. in Toronto in a retail space formerly occupied by an H&M store. The Fabricland store spans three levels of the former H&M space, measuring about 15,000 square feet.
Toronto world's 12th-wealthiest city: Report
A new report by Henley & Partners, a residence and citizenship advisory firm, ranked Toronto as the 12th-wealthiest city in the world in 2023. The report ranked 97 cities with the fastest-growing millionaire populations based on the number of high-net-worth-individuals.
Bed Bath & Beyond files for Chapter 11
Bed Bath & Beyond Inc. (BBBY-Q) – one of the original big-box retailers known for its seemingly endless offerings of sheets, towels and kitchen gadgets – filed for bankruptcy protection, following years of dismal sales and losses and numerous failed turnaround plans.
Sam Zell thinks workers will return to the office
CRE legend Sam Zell told an audience full of NYU grad students on Wednesday that if they want to have successful careers in commercial real estate, they need to forget about working from home.
Blackstone in talks to help regional banks with lending
Blackstone Inc, the biggest manager of private equity and real estate assets, said on Thursday it was discussing partnerships with U.S. regional banks to help them with constraints in areas such as car loans and home improvement financing.
Six takeaways from MIPIM
Recently, 23,000 participants from over 90 countries descended on Cannes in the south of France to attend MIPIM, the world’s largest commercial real estate conference. These themes were top of mind for investors:
Avalee Homes proposes 13-storey condominium in Vaughan
Avalee Homes has proposed Elegance Residence, a 13-storey condominium in the Woodbridge area of southwest Vaughan. The Diamond Schmitt Architects-designed building would include 72 residential units. The proposal also includes a two-storey co-working office space and retail space.
Sales of new GTA homes and condos continue slide
Sales of new GTA homes and condos continued to fall year-over-year in March, according to new numbers released Monday by the Building Industry and Land Development Association (BILD). There were just 893 new condo sales, down 73 per cent year-over-year.
Planned park may bring development saga to a close
ANALYSIS: The fate of the new 242-acre park proposed for Bowen Island, B.C., could be decided any day now, and for island residents, it will come down to a question of single-family houses versus a park with campsites.
Organizations call on B.C. to form permanent housing roundtable
The British Columbia Real Estate Association (BCREA) and various housing organizations across the province are calling on Victoria to establish a permanent housing roundtable to address the ongoing housing crisis.
Industry Events
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Canada Real Estate Auction
Oct 22 2024
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Calgary Real Estate Forum
Oct 29 2024
Calgary TELUS Convention Centre
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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