Christina Giannone: Brightwater is ‘once-in-a-lifetime’

RENX  Residential, Commercial  •  Office, Retail, Apartments, Condominiums  •  Toronto / GTA

Christina Giannone grew up in a construction industry family, but it wasn’t until she took on a junior planning role after university that she discovered a passion for the complexity of the job.

Carla Guerrera’s Purpose Driven: Doing dev. differently

RENX  Residential, Commercial  •  Apartments, Human Resources  •  Metro Vancouver

Carla Guerrera founded Vancouver-based Purpose Driven Development in 2016 to do developments differently. A woman leading a development company in Canada is rare; using a triple-bottom-line lens to create social benefits and sustainability as well as profitability also sets it apart.

Big Mountain Foods expands into 70,000-sq.-ft. facility

Commercial  •  Canada Newswire

Mother-daughter owned-and-operated Big Mountain Foods has announced its expansion into a 70,000-square-foot facility in Delta, B.C. Led by Kimberly and Jasmine Chamberland, the natural vegan food manufacturer also aims to have the facility be zero-waste by 2025.

Five women on what it’s like to work in CRE

Commercial  •  Globe and Mail  •  CP Executive

A 2019 study by Commercial Real Estate Women Network shows 15% of the top management positions were held by women. We spoke to five Canadian women in the industry about their challenges, successes and what they dream of for the future.

Female construction workers in the spotlight

Commercial  •  La Presse

A future elementary school in Longueuil will be built by a workforce comprised 25 per cent of women. This is unheard of for Charlotte Angers, co-owner of Gératek, the general contractor responsible for building the school.

T.O. golf club members nix developer’s $250M offer

Residential, Commercial  •  Globe and Mail (Sub. required)

Beacon Hall Golf Club members narrowly turned down Treasure Hill Homes‘ $250-million offer for the Toronto-area property that would have put more than $900,000 in each golfer’s wallet, the latest in a string of showdowns between urban course owners and developers.

Artis’ 300 Main Winnipeg’s new tallest building

Commercial  •  CBC  •  RENX

For the first time in three decades, Winnipeg’s skyline has a new No. 1. Artis REIT‘s soaring skyscraper at 300 Main St., reached a new peak as concrete was poured for the 41st floor, edging out the 201 Portage Ave. office tower.

Ontario Superior Court analyzes Measure of Damages from failed development deal

Daniel Waldman: Lawyer, Pallett Valo LLP

GTA malls utilize staff, tech to track capacity

Commercial  •  Toronto Star  •  Windsor Star

GTA malls are using capacity tracking technology and staff to abide by COVID-19 rules. Oxford Properties Group has staff at designated Yorkdale, Square One and Scarborough Town Centre entrances to stop people from entering when capacity has been reached.

Ontario’s construction sector fully open

Residential, Commercial  •  Daily Commercial News

Queen’s Park announced the Toronto and Peel public health zones will revert to Grey emergency status Monday, with all other zones out of lockdown, meaning resumption of commercial operations subject to restrictions and the full opening of the construction sector.  

Metro Van. municipalities retain industrial land control

Commercial  •  Western Investor

An attempt by Metro Vancouver to strengthen industrial land protection at the regional level, at the expense of municipal autonomy over land use has hit a brick wall, being rejected by two-thirds of the Metro Vancouver board.

Lane rolls out Flex solution for workplace providers

Commercial  •  Globe Newswire

Workplace experience platform Lane announced the roll-out of its new Flex offering, a mobile and web solution designed to help flexible workplace providers power an engaging digital experience for their members. Lane operates in 300-plus buildings in 22 North American cities.

IWG launches new office retail concept

Commercial  •  Allwork.Space

Spaces, part of IWG (IWGFF), the world’s largest flexible workspace company, announced the launch of a new concept at Spaces Napa Valley, Calif. IWG has introduced the new concept exclusively in retail locations.

Costco’s second-quarter profit misses estimates

Commercial  •  Reuters

Costco Wholesale Corp. (COST-Q) missed analysts’ estimates for second-quarter profit on Thursday, as the warehouse club operator spent more on employee benefits who worked through the COVID-19 pandemic and sanitizing its stores.

BSR properties suffer minimal damage in winter storm

Commercial  •  Canada Newswire  •  RENX

As of Feb. 28,  BSR REIT‘s (HOM-UN-T) markets in Texas, Arkansas and Oklahoma had incurred approximately $0.1 million in expenses associated with the winter storm of Feb. 13-17 and resulting freeze damage. The REIT anticipates total costs not to exceed $0.3 million.

Mattamy Homes expands presence in Tucson

Residential  •  PR Newswire  •  PR Newswire

Mattamy Homes, North America’s largest privately owned homebuilder announced it has secured property in one of the fastest-growing areas in Southern Arizona. The 22-acre property, purchased for $7.5 million, is located in the premier master-planned community of Gladden Farms.

Black renters facing discrimination: Realtors

Residential  •  CTV  •  Globe and Mail (Sub. required)

In Canada, it’s illegal for a landlord to refuse to rent space to a person because of their race, citizenship, ethnicity or religion. But black real estate agents and renters say it is still happening far too frequently.

Officials in no hurry to cool Canadian housing market

Residential  •  Global News  •  Financial Post  •  Globe and Mail

Canada’s red-hot housing market has become a bonfire, spurring comparisons to earlier bubbles and prompting calls for cooling measures. However, policymakers are standing back, unwilling to intervene for fear of undermining Canada’s still-fragile economic recovery from the COVID-19 pandemic.

Vancouver rent bank sees huge spike in demand

Residential  •  Business In Vancouver

The number of people seeking short-term financial help from the Vancouver Rent Bank has increased significantly since the pandemic was declared in March 2020, with job loss and underemployment driving the demand.

Skyline Living offering Ontario tenants relief

Residential  •  Toronto Star

While thousands of Ontario tenants have faced eviction notices over missed rent and some landlords have filed hundreds of applications with the Landlord Tenant Board (LTB), Skyline Living says it’s escalated a tenant support program first launched in 2018.