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Shorter wait times for development approvals in GTA: BILD
Shorter wait times for development approvals in GTA: BILD
A new report from the Building Industry and Land Development Association (BILD) reveals many key municipalities surrounding the Greater Toronto Area have made at least some improvements in approval wait times for residential development projects.
Dream to sell 3.27 acres of dev. land near new Ottawa arena
Dream has started marketing 3.27 acres of land on its 34-acre community Zibi, offering approximately one million square feet of space across five buildings and a short walk to the planned Ottawa Senators arena.
‘Historic’ lease includes $400M for Hamilton airport
Hamilton has signed a deal that will see a private operator invest $400M into the municipally owned airport. The city announced its agreement with Tradeport International to extend the lease for John C. Munro Hamilton International Airport until 2073.
Choice & Wesgroup plan 6-tower project in B.C.
Both sides of the boundary between Burnaby and Coquitlam continue to be dominated by multi-phased projects. The latest is the North Road Master Plan, a proposal for a mixed-use community that would deliver 2,470 new homes across six towers.
35- and 39-storey towers proposed for TO's Weston Road
Pinemount Developments and Elysium Investments are proposing two towers of 35 and 39 storeys for 3434 Weston Rd., located just south of Finch and the future Emery LRT station. The plans call for 832 residential units with retail at grade.
Calgary market active in retail, industrial and office sectors
If David Wallach, president and CEO of Barclay Street Real Estate, had been asked a year ago what the state of Calgary’s real estate industry was, his response wouldn’t have been far off from doom and gloom.
Outlook for retail leasing remains positive: JLL report
The outlook for retail leasing remains positive with stakeholders optimistic about the next 12 months, according to a new JLL report. Canadian Retail Market Dynamics says demand has strengthened, particularly in Toronto, Calgary and Edmonton, and asking rents are rising.
B.C. building permits soar, Vancouver shifts to buyers’ market
OPINION - Canadian building permits rebounded in July after two months of declining values. This recovery was driven in large part by B.C., where permit values more than doubled on a monthly basis to $2.4 billion.
Fresh chambers for Winnipeg Chamber of Commerce
The 151-year-old Winnipeg Chamber of Commerce has always had its offices very close to Portage Avenue and Main Street. With the move to a new 10,000 square-foot office in a pie-slice shaped, low-rise building, it now overlooks the two.
RE/MAX Realty unveils new office building in DT Penticton
RE/MAX has opened a new 10,000 sq. ft. commercial office building in downtown Penticton. The building features 38 custom-designed rooms with bright, spacious client meeting rooms, seven washrooms and three fully equipped kitchens.
Canada's productivity slowdown continues
VIDEO - James Marple, associate VP and senior economist of TD Economics, joins BNN Bloomberg and talks about Canada's productivity issues and fears of an ongoing drag from the construction sector which is showing productivity at a 30-year low.
London council approves new city-wide rules to boost density
Taller buildings on streets across London will become the new reality of a fast-growing city after municipal council approved a swath of new planning rules aimed at addressing the housing crisis.
New mortgage rules slash down payments on $1M+ properties
The federal government’s new mortgage rules will slash down payments required for first-time home buyers, according to technical details released Tuesday. On a $1M home, the minimum down payment will be $75,000 versus $200,000 under current rules.
What Ontario can learn from Alberta about housing
Alberta’s population is booming and the province’s housing sector is rushing to respond. Ontario’s population is booming – and its housing sector is struggling. There are ways to speed the process, in part with governments getting out of the way.
Port Moody project proves rent-to-own helps affordability
A rent-to-own scheme from developer Kush Panatch to make 30 units in Port Moody more affordable, allowed first-time purchasers to rent their new homes at below-market rates for two years, with all the money directed to the initial purchase price.
Real estate podcasts
Ana Bailao, Dream: Why You Can’t Build Cities Without Affordable Housing, CRE Podcast
Milan Mann, BM Group: Building Through Market Shifts, VCREP
Rod Vogel, Principal Asset Management: Both Sides, Now: On debt and equity opportunities, The Weekly Take
Wall Street drives office revival on Manhattan’s ritziest street
Financial services companies are office hunting on NYC's Park Avenue, and the biggest beneficiary may be a once-beleaguered real estate investment trust that finds itself in the right place at the right time - SL Green Realty Corp.
Most cities see office absorption gains, but it could be short-lived
Companies are eating up more office space than they’re leaving empty, in more U.S. cities than a year ago. The overall U.S. market has turned positive for the first time in two years.
Commercial retail REIT FrontView seeks $277 million in IPO
FrontView REIT, a landlord that focuses on businesses with stores in prominent locations, is seeking to raise $277 million in an initial public offering, joining a clutch of companies aiming to go public before the US presidential election.
Industrial developers stalk toxic land as available sites dwindle
Developers are wading through toxic waste and green sludge to find sites for warehouses and industrial projects in an increasingly constrained market. As more land is rezoned for residential, the hunt is on for sites to meet industrial space demand.
Industry Events
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Quebec City Real Estate Forum
Oct 16 2024
Quebec City Convention Centre
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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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