A Cosmetica Laboratories‘ IBI Group-designed master plan seeks to redevelop their Scarborough’s ‘Golden Mile’ property with five high-rise residential towers and a six-storey industrial building that would serve as Cosmetica’s new expanded home.
Sidewalk Labs has unveiled a digital model for what would be the world’s tallest mass-timber building, reaching 35 storeys. Sidewalk Labs plans to build mass-timber high-rises as part of its redevelopment of the Toronto waterfront.
Our new decade brings with it demographic shifts that will impact the way people live work, shop and relax. They’re also bound to impact the real estate sector in multiple ways, according to a new Cushman & Wakefield report.
More B.C. stratas are reporting unpleasant surprises when they try to renew their condo insurance, with some facing shocking hikes in their premiums while others are unable to secure building insurance at all.
KRP Properties got the thumbs-up from Ottawa’s planning committee Thursday for an eight-storey office building in Kanata North’s tight CRE market. The Kanata tech park landlord now needs the green light from council to construct a 200,000-square-foot, class-A office tower.
Shopify (SHOP-T) confirmed plans to open an Ottawa-based R&D centre to trial new robotics and fulfilment technologies. Shopify is also opening its first permanent office in Vancouver and will lease space at The Well complex under construction in Toronto.
Vice President , The Regional Group of Companies Inc
B.C.’s Fort St. John saw $57.6 million in new building construction in 2019, a 30 per cent year-over-year jump. There were 36 commercial building permits issued for the year, valued at $25.5 million, up from 27 permits and $6.4 million in 2018.
This simple relationship between the end-user and operator has held for decades, but with 5G set to proliferate in Canada, a new question arose: Who’s responsible for establishing a reliable mobile connection in large buildings?
It appears 7-Eleven is taking a page out of Amazon’s playbook. The convenience store chain is piloting a cashierless store concept at its corporate headquarters in Irving, Texas, similar to the Amazon Go concept that launched in January 2018.
REIT fourth-quarter financial results
The challenges of growth were a hot topic of conversation among the Vancouver region’s mayors, who joined in a panel discussion the Urban Development Institute recently hosted in Langley.
Vancouver-headquartered Westbank and Urban Community announced a partnership to develop several sites in downtown San Jose. Westbank‘s San Jose portfolio includes the Bank of Italy Building, Museum Place, BoTown Valley Title, Fountain Alley and 255 West Julian.
Firm Capital American Realty Partners Corp., (FCA-U-X) has entered into conditional agreements to acquire two multifamily portfolios from two unrelated third-party vendors, both of which are located in Austin, Texas for a total combined purchase price of US$106 million.
Asset management firm T. Rowe Price Group Inc. has called its investment in WeWork a “debacle” that caused the firm “outsized headaches and disappointments” and left it holding shares worth just a fraction of their original value.
The average price of a Canadian home eclipsed $500,000 last month and it was the best January for sales in a dozen years, new data from the Canadian Real Estate Association showed Friday.
Vancouver’s high-end house values took a major tumble last year, with the number of houses valued in the $3-million-and-over range dropping 28 per cent year-over-year, according to research by Simon Fraser City Program director Andy Yan.
OPINION: Speaking at a housing finance forum a year ago, Superintendent Jeremy Rudin had a message for critics: It’s not the job of the Office of the Superintendent of Financial Institutions (OSFI) to help Canadians buy homes they cannot afford.
Rosemont—La Petite-Patrie plans to restrict short-term rentals like Airbnbs to the Plaza Saint-Hubert shopping district, in an effort to free up apartments for tenants looking for long-term leases as Montreal faces its worst rental housing crisis in 15 years.