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Devron will go it alone to develop Toronto’s 101 Spadina
Devron will go it alone to develop Toronto’s 101 Spadina
Devron Developments has received zoning approval from the City of Toronto to move forward with a 39-storey 101 Spadina condominium development at the southeast corner of Spadina Avenue and Adelaide Street West.
$2.7B EV battery component plant coming to Ontario
The federal and Ontario governments are putting nearly $1 billion combined into Umicore Rechargeable Battery Materials' electric vehicle battery component plant in Loyalist Township, Ont. The facility will build cathode active materials and precursor cathode active materials.
Choice Hotels goes public with offer to acquire rival Wyndham
Choice Hotels International confirmed this morning it is bidding to acquire Wyndham Hotels & Resorts, Inc. for $90 US per share (all figures U.S. dollars) in a transaction valued at approximately $9.8 billion, including debt.
Avianor's Montreal A220 Centre of Excellence breaks ground
Avianor has officially begun construction of its future A220 Centre of Excellence at the Montréal-Mirabel International Airport. The 105,000-square-foot facility, set to be operational by the fall of 2024, is a collaborative effort between Avianor and Groupe MACH.
 | NORR Transforming office buildings to livable spaceWhat are the key considerations for office-to-residential and office-to-hotel conversions? From feasibility study to economic viability, learn how to leverage municipal incentive programs for asset redevelopment from our team with more than 20 completed, under construction and in-design conversion projects. Sponsored by: NORR |
Low-rise is a sweet spot for these office buildings
OPINION: Newly opened retail and office building 12 Ossington is part of a growing trend toward mid-rise intensification of traditionally low-rise Toronto streets to provide housing and employment for a rapidly growing population.
CSI Toronto co-working space building for sale
The Centre for Social Innovation (CSI) has put its 720 Bathurst St. building in Toronto's The Annex neighbourhood up for sale in response to declining in-person office attendance. The five-storey building was constructed in 1920 and renovated in 2010.
M6 launches as third-last tower of M City community
In Mississauga's booming City Centre area, the final three chapters of the M City community are beginning to unfold with the unveiling of M6, developed by Rogers Real Estate Development and Urban Capital.
Altree’s Kingside Residences planned for Scarborough
In the quaint Cliffside Village in Scarborough, Kingside Residences is planned as a reflection of Altree Developments’ vision for the future of the neighbourhood. The 10-storey Kohn Partnership Architects-designed boutique building will house 156 market-rate rental and condo units.
Canada's inflation cools more than expected
Canadian consumers got something of a reprieve in September, with inflation moderating to a 3.8 per cent annualized pace, down from four per cent a month before. That 3.8 per cent figure was also below the estimates of economists.
Immigration can ease labour shortages: Board
Immigration programs can address labour shortages and support Canada reaching its residential construction goals, according to new research from The Conference Board of Canada, in collaboration with the Canadian, British Columbia and Ontario Real Estate Associations.
Resort HQ offers prefab/tiny cottages and resort living
The resort and prefabricated / tiny cottages markets have become a new focus for Hamilton-based investment and property management company Forge & Foster, which is expanding its presence in the sectors in Ontario.
T.O. rents reach record high, up 21.5% year-over-year
According to rental listing site Zumper, Toronto one-bedroom units just hit the highest median price ever seen on the app — $2,540, which is 1.6 per cent more than the month prior and 21.5 per cent higher year-over-year.
Ontario tables law to protect the Greenbelt
Still reeling from the $8.28-billion land swap scandal that is now the subject of an RCMP criminal probe, the Ontario government on Monday moved to enhance protection of the two-million-acre environmentally sensitive swath of land.
OSFI won’t relax stress test on mortgage renewals
The Office of the Superintendent of Financial Institutions will not exempt uninsured borrowers from the mortgage stress test if they switch to a different lender at renewal time, despite calls from the real estate industry.
$4B mixed-use district breaks ground in Philadelphia
Chicago-based Hilco Redevelopment Partners has begun construction on the first phase of its $4 billion, 1,300-acre Bellwether District in South Philadelphia. The first building in this initial phase will be about 326,000 square feet.
The impact of conversions on downtown areas
OPINION: Many civic-minded developers see an exciting opportunity to play a role in the transformation of their cities. As the market has proven time and time again, making office-to-residential conversion projects work financially can be difficult without additional incentives.
U.S. work-from-home rates keep dropping
Fewer than 26 per cent of U.S. households still have someone working remotely at least one day per week, a sharp decline from the early-2021 peak of 37 per cent, according to Census Bureau Household Pulse Surveys.
Walmart opens high-tech fulfillment centre near Dallas
Walmart today celebrated the grand opening of a new 1.5-million-square-foot fulfillment centre at 2500 Belt Line Rd. in Lancaster, 15 miles south of Dallas. It is the third of four next-generation facilities announced in 2022.
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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