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GWLRA plans to keep building apts. in North Vancouver
GWLRA plans to keep building apts. in North Vancouver
GWL Realty Advisors is one step closer to bringing a new purpose-built rental apartment building to market after receiving unanimous approval to move forward with increased density from the City of North Vancouver.
London golf course poised to scale back to build 1,300 homes
The Sunningdale Golf and Country Club plans to repurpose a third of its links to build homes. London-based developer Corlon Properties proposes a 126-acre subdivision of 1,360 units including mixed-use apartment buildings, townhouses and detached homes.
POWDR to sell Vernon's SilverStar ski resort
SilverStar Mountain Resort will soon be for sale. Parent company POWDR is listing the ski hill along with Vermont's Killington. The Vernon ski hill was purchased by POWDR in 2019 and was the company's first mountain resort in Canada.
Groupe Mach buys Montreal office tower from BGO
There have been few significant office tower transactions across Canada over the past two years, but a just-completed, off-market deal in downtown Montreal has bucked that trend. Groupe Mach has acquired 1600 Rene-Levesque Blvd. W. from BentallGreenOak.
Manitoba rail park inks 20-acre deal as growth picks up
A further 20 acres is set for development at the CentrePort Canada Rail Park in Rosser, just outside Winnipeg, moving forward a project which broke ground in summer 2022. The park's first phase is nearly two-thirds sold.
CPKC stoppage persists despite arbitration, CN staff return
Canadian Pacific Kansas City railway remains in the grips of a lockout despite moves by the federal government to end the shutdown. Although CN declared its lockout over and its employees are returning to work, the stoppage at CPKC persists.
Sicamous council to vote on 38-unit commercial development
A new 38-unit commercial development in the east end of Sicamous, B.C. was approved by the planning and development committee and could become a reality if it gets approval from council. The development will feature six commercial buildings.
Rent hikes pushing small businesses to move out or close
When COVID lockdowns hit, many non-essential Ontario businesses were forced to close for the better part of two years. While several factors continue to hamper their recovery, operators say sky-high rent hikes are forcing them to move or shut down.
Edmonton again rejects Camrose casino relocation plan
Edmonton city council is asking provincial regulators to reject a Camrose casino’s renewed bid to relocate to south Edmonton. Capital Casino Ltd. wants to build an 88,000-square-foot facility near the Ellerslie and Summerside neighbourhoods.
Investments boost two Kingston manufacturing facilities
A Kingston laser technology firm is expanding its facilities thanks to a $21-million investment from its global company. IPG Photonics' new facility will be 37,300 sq. ft. and allow for increased manufacturing capabilities and 20 new jobs.
Niagara launches online tool for development opportunities
Niagara Region has launched a new tool to promote economic development opportunities. “Niagara Signature Sites” is an interactive map that showcases industrial and commercial development opportunities throughout the region. It was introduced by Niagara Region’s Economic Development Department.
Manitoba municipalities can opt out of regional plan
Premier Wab Kinew's decision to allow municipalities to opt out of a regional planning framework has surprised some Winnipeg-area developers, who now fear there will be reduced co-operation between Winnipeg and its neighbouring municipalities.
W16 condos to bring unique style to Van.'s Cambie Corridor
Wesgroup Properties plans to introduce a new architectural style to the Cambie Corridor on Vancouver's West Side, through its seven-storey condo project. W16 will feature a dynamic shifting design that staggers the position of each floor plate to improve airflow.
105-storey SkyTower will soon be Canada's tallest building
Canada's next tallest building is on its way up. Pinnacle Developments' flagship SkyTower in its Pinnacle One Yonge development will eventually soar a mind-boggling 105 storeys. This enormous condo tower will be the focal point of the Hariri Pontarini-designed development.
Resubmission adds volume at 4-tower proposal near Hwy. 427
Hazelview Investments has submitted an amendment application for minor modifications to its redevelopment plan for 530 The East Mall. The developer seeks to add an additional floor to each of four towers, originally planned at 21 storeys each.
Updated plans for Midtown condo tower rise to 17-storeys
In February 2021, the Toronto-based developer Plaza Partners, now known as Resident, submitted an application for a 14-storey condo that would bring 72 residential units to Midtown. Now, revised plans depict a slightly more ambitious 17-storey condo.
Couche-Tard 7-Eleven bid tests Japan’s commitment to M&A
A proposed takeover of Seven & i Holdings Co. (SVNDY) that could result in the sale of one of Japan’s strongest brands marks the first big test of the country’s evolving investor-friendly stance.
U.S. commercial mortgage starts jump 27%
Commercial mortgage originations in the second quarter surged 27 per cent from the first three months of the year, a trend that is expected to continue once interest rates begin coming down.
Santander to demolish Miami office for 41-storey tower
At least four office towers are planned in Miami’s financial district of Brickell, with some developers searching for anchor tenants for their properties before beginning construction. Meanwhile, Santander Bank is plowing ahead with demolition of its office building.
Whether you're back in the office may depend on where you live
U.S. nationwide office foot traffic hit the highest point since July 2019 last month, a new analysis finds. U.S. office visits rose to 72.2 per cent of July 2019 levels in July 2024, according to new data.
Industry Events
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Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
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Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
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Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
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Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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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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