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Toronto's Yonge City Square cuts number of condos from 700 to 500

2 weeks ago

Yonge City Square cuts number of condos from 700 to 500

There’s a new vision for The Gupta Group’s Yonge City Square mixed-use condominium project in north Toronto, which broke ground in December 2024 but is going through a redesign on the fly.

Wesgroup secures $165M loan for Porty Moody rentals

Wesgroup has secured more than $165 million in low-cost financing to help build 342 rental homes at its massive Inlet District development in Port Moody, including 86 below market units.

GM pick-up plan would be $1.1B boost for auto sector

GM plans to spend $144-million to add the next-generation heavy-duty GMC Sierra truck to a plant in Oshawa, and pledged not to immediately sell or close a second assembly plant in Ingersoll, Ont., according to a bargaining report.

Westcliff open to further acquisitions after Kingsway deal

Westcliff’s acquisition of Edmonton's Kingsway Mall gives the Montreal-based RE company a foothold in Alberta as it continues to expand its portfolio of established Canadian shopping centres. Westcliff says it remains interested in further acquisitions when the right opportunities emerge.

Inside Oakridge Park's new 50,000+-sq.-ft. flagship Safeway

Safeway’s new chapter at the property is notable not only for the store’s size, but also for the breadth and positioning of its offerings, which together make it the company’s flagship location in Metro Vancouver.

Happy Belly could reach 183 restaurants by 2027: Stifel

Happy Belly Food Group could grow its restaurant network to 183 locations by the end of 2027 as the Canadian company increasingly relies on franchising to expand its portfolio of quick-service and fast-casual restaurant brands.

Innisfil heading to OLT over marina development proposal

Innisfil council has voted to oppose an appeal involving a proposed condominium development at Cooks Bay Marina, setting the stage for an OLT battle. It's the latest development in a proposal that has been under discussion for over four years.

Decline in international students pinches B.C. rental market

Lower international student enrolment this fall is expected to put further pressure on B.C.’s rental market, as landlords and student housing providers adjust to a smaller pool of renters following federal reductions to international study permits.

Curtains for one of Vancouver’s most iconic film locations?

The distinctive 2400 Motel, with its 18-bungalow-style buildings and iconic neon sign, has been in countless movies and TV shows. But that could soon end, as the City of Vancouver plans to redevelop the site to build four apartments.

Massive new development coming to Prince Edward County

A two-and-a-half-hour drive from Toronto, perched atop a cliff, a 750-acre site in Prince Edward County, Ont., is poised for an influx of new housing. PEC Community Partners has approvals to build 7,500 homes on the site.

New $750M Prince Rupert port facility adds export capacity

By a quirk of timing, a Montreal-headquartered logistics company has opened a new $750 million container-handling facility at the Port of Prince Rupert aimed at expanding Canada’s international trade, just as a trade war with the U.S. heats up.

Canada's economy posts fastest growth in three years

Canada’s economy grew by 3.3 per cent on an annualized basis in the second quarter, marking the fastest quarterly expansion since 2023. Statistics Canada also released revised data for the first quarter, showing the economy grew by 0.3 per cent.

'This list hits hard': CCA on materials impacted by tariffs

In advance of new and escalating Canada-U.S. counter-tariffs the Canadian Construction Association (CCA) has released a bulletin outlining what segments of domestic construction will be likely be hit hardest and the supports available to the industry.

U.S. law firms on a historic office binge

Law firms signed for their highest volume of U.S. office space on record in the first half of this year, leading the corporate charge that has finally started to chip away at the ocean of available office space.

Developers turning U.S. mall Into NHL arena, but need team

Alpharetta city council in metro Atlanta voted to rezone nearly 100 acres, including a mall, for a redevelopment featuring a 20,000-seat arena, 1,385 apartments, 650 hotel rooms, 750,000 square feet of office, 565,000 square feet of retail and more.

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