Cadillac Fairview has submitted an updated development plan for The Crystal at Waterfront Square, a proposed 26-storey Vancouver office building which has been on the drawing board for four years since an original proposal was rejected by the city.
The massive Southlands master-planned community on the West Coast of British Columbia in Tsawwassen has been a long time in the making. In fact, Century Group‘s president thinks it might have the longest application history in the province – perhaps Canada.
The University of Alberta is forging ahead with plans to develop its land in south-central Edmonton. Last week, through an order in council, the province granted the school permission to lease out some approved parcels for up to 99 years.
The Quebec government has earmarked $10 million to help turn a former quarry into a car-free site that would include tourist attractions, stores, offices and research centres. “Carré Laval” would be a carbon-neutral project also featuring living spaces and schools.
Azuria Group’s proposed plan for the Towne Apartments at 79-81 St Clair Ave. E. would heavily alter the first two floors of the 1968-built 20-storey, slab-style apartment tower. The existing two-storey podium would be expanded by 4,532 square feet of mixed-use space.
Article has opened its first Canadian distribution facility in Vaughan. The warehouse adds 170,000 square feet of capacity to increase local product availability, decrease delivery times for Greater Toronto Area (GTA) customers and support Eastern Canada order fulfilment.
The 2010s were a formative decade for urban development in Toronto, and among the hundreds of new buildings constructed in the city over the last 10 years, a select few stood out from the pack:
VIA Rail has issued an RFQ as the first phase of a procurement process to construct new buildings and make upgrades to its maintenance centres in Montreal and Toronto.
A committee that includes Aéroports de Montréal is asking PM Justin Trudeau and Quebec Premier François Legault to endorse an extension of the Réseau express métropolitain commuter system to connect Trudeau airport with the nearby VIA Rail station in Dorval.
Adding the Somerset Building to Winnipeg’s list of historical resources would jeopardize plans Canad Inns has for its downtown properties, says the company. The development would link four of the company’s properties together under one name — Canad Place.
PODCAST: Canadians buy almost everything online these days, yet we lag behind other countries when it comes to purchasing groceries over the internet. However, Montreal-based online grocery company Goodfood (FOOD-T) believes the market could grow to $30 billion per year.
Vancouver-headquartered QuadReal Property Group and Hines have entered into a JV targeting build-to-rent properties, student accommodation and serviced apartments across Europe. The JV will target a total investment volume of $730 million Cdn equity and $1.8B when factoring in leverage.
Ivanhoé Cambridge has paid an undisclosed amount to buy a portfolio of 17 logistics assets in France from The Carlyle Group. The 4.6-million-square-foot logistics portfolio is located in the main hubs of Paris and Lyon.
The impact of new development and of the ongoing operations of existing U.S. CRE has grown to support 9.2 million American jobs and contribute $1.14 trillion to the U.S. GDP in 2019, a year-over-year increase from 8.3 million jobs and a contribution of $1.0 trillion.
On Sunday, China finished building an emergency hospital set up specifically to tackle the Wuhan coronavirus. It took 10 days. The 645,000-square-foot makeshift medical facility is made up of two floors and is already equipped with 1,000 beds and 30 intensive care units.
Buyers in a Junction condo-townhouse development are now awaiting the return of their deposits after Limen Developments Ltd. sent letters Monday saying the project has been cancelled. The agreements were conditional on Limen “obtaining and accepting financing for the construction.”
TD cut its five-year posted rate for fixed-rate mortgages from 5.34 per cent to 4.99 per cent on Tuesday, while the bank’s customer, or “special” rate stands at 3.09 per cent, or 3.11 per cent with annual carrying fees included.
The federal First Time Home Buyer Incentive (FTHBI), introduced in September 2019, was used by only 29 buyers in Metro Vancouver and fewer than 3,000 buyers across Canada in the last four months of last year.
Northview Apartment REIT (NVU-UN–T), one of the North’s largest landlords, has promised to refund the thousands of dollars it had illegally been charging tenants in “pet fees”on top of ordinary rent for having pets in pet-friendly buildings.