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Arkfield's GTA development slate has Yonge Street focus
Arkfield's GTA development slate has Yonge Street focus
Toronto-based real estate company Arkfield Developments has several multifamily developments in its pipeline, but a particular area of interest is a cluster of properties along the Yonge Street corridor.
What to do before development begins? 'Meanwhile uses'
It's expected to take 30 years for Northcrest Developments to fully redevelop the 370-acre Downsview Airport Lands in northwest Toronto, so one of the company's current areas of focus is on “meanwhile uses” for the site.
Vandyk’s projects stalled as construction woes mount
Vandyk Properties and owner John C. Vandyk have a decades-long history of building primarily low- and mid-rise multiresidential projects. It has secured hundreds of millions in loans to rapidly expand, but work has stalled on a half-dozen Vandyk projects.
Council helpless to block Canmore developments
After exhausting all legal avenues, Canmore town councillors were compelled this week to approve the Three Sisters Mountain Village and Smith Creek development projects after the town lost an appeal in Alberta's highest court earlier this month.
90% of Curv's first offerings snapped up
Since Montreal-based Brivia Group launched marketing for Vancouver's uber-green, uber-luxury 60-storey Curv in May 2023, 100 of the condo apartments have pre-sold for an average of more than $2 million each.
 | CBRE Leading the charge: 1308 Adanac ignites change in EastAristotle, a five-storey office and light industrial building in East Vancouver, sold for $37.5M, $12.5M above the assessment value. The development of this property sparked a shift towards revitalizing South Creek Flats, bringing light industrial projects to the forefront. Sponsored by: CBRE |
Cologix, CIM Group complete Markham data centre
Cologix and CIM Group Wednesday announced the completion of a 15-megawatt ScalelogixSM TOR4-S data centre encompassing 50,000 square feet on a 3.4-acre campus at 105 Clegg Rd. in Markham.
Li-Cycle's Rochester, N.Y., hub on hold; shares drop
Li-Cycle Holdings Corp. (LICY-N) is pausing construction on its Rochester, N.Y., battery recycling facility, citing the strain of a rising budget. The company's board has ordered “an evaluation of the go-forward phasing of its scope and budget, including construction strategy.”
Knix to open six new stores in Canada
Underwear and apparel retailer Knix has plans to open six stores in the next six weeks in Canada to take advantage of the holiday shopping season as the brand continues to aggressively expand its footprint across the country.
Metro Vancouver needs $35B for infrastructure
Metro Vancouver needs nearly $35B for capital expenses related to water, liquid waste and parks over the next 30 years, with $11.5 billion connected to growth. How should that cost be shared between existing homeowners and new-construction taxes?
Ont. copied developer's request into official Hamilton plan
Queen's Park copied, word for word, a developer's requested changes to Hamilton's official plan to allow an eight-storey condo at the current site of a designated heritage building — blindsiding city planning staff, elected officials and residents.
Ottawa mayor supports smaller urban boundary
Ottawa has just weeks to decide whether it wants to keep any of the changes Ontario made to the city's top planning document last year, but Mayor Mark Sutcliffe wants the urban boundary to revert back to council's original plan.
Quebec a fertile ground for stocks: Fiera Capital
Some fund managers search the world for the best stocks. Others stick to Canada. However, Fiera Capital’s Marc Lecavalier, who oversees National Bank of Canada’s NBI Quebec Growth Fund, has unearthed gems by focusing largely on la belle province.
Listings seeking roommates have surged 78% in Ontario
The number of roommate rental ads has skyrocketed in Ontario more than in any other province, increasing a staggering 78% in the last three months compared to the same time last year (versus 40% in BC and 27% in Canada at large).
Company-owned rentals changing relationships: Advocate
VIDEO: Robert Patterson, a lawyer and advocate with the Tenant Resource and Advisory Centre, tells BC Today host Michelle Eliot the growing trend of ownership of rental properties by companies is turning the motivation to make a profit into "overdrive."
Tishman Speyer unveils 2.8M-sq.-ft. The Spiral
Tishman Speyer has officially opened The Spiral, a 2.8 million-square-foot office skyscraper in Manhattan. The 66-storey tower at 66 Hudson Blvd. marked BIG|Bjarke Ingels Group‘s first commercial high-rise architecture project in New York City.
NYC CRE's Q4 rush to close deals will be a 'battle'
This year has both perplexed and vexed many New York City commercial real estate players. Less than $10B of deals are expected to close this year, according to Avison Young figures, which would be the lowest volume since 2009.
Wells Fargo seizes AutoTrader's HQ in foreclosure
For more than a decade, 3003 Perimeter Summit in Atlanta's Central Perimeter has served as the headquarters for online car marketplace AutoTrader. But the company has vacated the 18-story building, which was taken over by its lender this summer.
Hines acquires four properties for $200M
The Hines U.S. Property Partners Fund has closed on four investments totalling approximately $200 million in two key property types: industrial and alternatives. The properties are in San Diego, Tampa, Fremont, Calif., and in the D.C. metro area.
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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