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16 York breaks ground in Toronto’s South Core
16 York breaks ground in Toronto’s South Core
A downtown Toronto office tower that broke ground at 16 York St. on Wednesday is the first to be built on spec by Cadillac Fairview since the developer was purchased by the Ontario Teachers’ Pension Plan in 2000. CF is building the $479-million, 32-storey building in financial partnership with the Ontario Pension Board.
Longueuil seeks $3B in downtown investment
Longueuil plans to have a major new downtown by 2035 that will be built around its existing Metro station. “It’s the type of project that comes only once in a lifetime,” Longueuil mayor Caroline St-Hilaire told a business audience at the Montreal Board of Trade’s recent Strategic Forum on Major Real Estate Projects.
Vancouver’s Lightworks Building: Old is new again
What’s old is becoming new again in Vancouver’s upwardly trending Mt. Pleasant neighbourhood. And a new development by PC Urban Properties will soon be a shining beacon for the revitalization of a once heavily industrialized neighbourhood that is rich in the city’s history.
‘Banner year’ ahead for Ottawa CRE transactions: CBRE
The commercial real estate investment market in the National Capital is poised for a “banner year” in 2017, according to the CBRE Ottawa Market Outlook. But many building owners – or purchasers — in the city will have some work ahead to capitalize of Ottawa’s large and rapidly growing tech sector.
‘Quick wins’ can elevate your class-B buildings
Modern data-driven technologies mean owners of class-B buildings no longer need to rely on “one-size-fits-all” solutions to engineer significant improvements in their properties. That was the message when influencers in the green economy gathered at Conflux Canada forum May 10 in Ottawa.
Three questions to ask when leasing industrial
Even the most seasoned tenant can miss some pretty vital points when investigating new space. It’s certainly more challenging for new businesses that have never occupied commercial real estate before. Here are a few tips to look out for.
Six months ago: Deerfoot City is taking shape in Calgary
The evolution of Calgary’s Deerfoot Mall into Deerfoot City took another step forward with the opening of a 103,000 square foot Canadian Tire. Vancouver-based Shape Properties purchased the property from Ivanhoé Cambridge for a reported $78 million in 2011 and is undertaking a two phase redevelopment that will almost double the leasable area.
One year ago: Claridge, Ivanhoe Cambridge form investment partnership
Claridge and Ivanhoé Cambridge have created a partnership to invest alongside private property developers in mid-sized real estate projects in the Greater Montreal region.
| Property Biz Canada, Tuesday, May 9, 2017 |
| Reseau Selection building Canada’s tallest seniors tower Property Biz Canada, May 9, 2017 |
| CRE Panel: Colliers VP ‘bullish on Montreal’ Property Biz Canada, May 9, 2017 |
| Moodyville makeover: Evolv one of many developments Property Biz Canada, May 9, 2017 |
| CRE execs give Fair Housing Plan a rough ride Property Biz Canada, May 9, 2017 |
| Minto Capital acquires Calgary Radisson Place Property Biz Canada, May 9, 2017 |
| Sears Canada quietly drops spring/summer catalogue Saskatchewan Edge, May 9, 2017 |
| Six months ago: Greybrook’s impressive pipeline of property investments Property Biz Canada, May 9, 2017 |
| One year ago: Milestone REIT doubles in size with Landmark deal Property Biz Canada, May 9, 2017 |
| City of Edmonton: Invitation for Submissions 2008 – 105 Street, Keheewin Neighbourhood |
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The City’s Building Housing Choices program is inviting submissions to purchase or lease land at 2008 – 105 Street in the Keheewin Neighbourhood for medium-density housing development. Asking Price: $3,500,000 (based on RA7) Open for submissions until 4pm, May 31, 2017.
Detailed information is available at: edmonton.ca/propertysales
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