The first phase of the massive Township mixed-used development in south Calgary will include 300,000 square feet of retail space in a regional mall. Royop Development’s 60-acre project will include retail, office, residential, hospitality, entertainment, food and beverage spaces.
Vancouver developer Ledingham McAllister is delaying pre-sales for three high-rise, transit-hub condo towers in Burnaby and Coquitlam, and is considering a pause on a fourth. The value of the three projects is around $1.2B, said CEO Ward McAllister.
Brookfield Property Group has joined a partnership with InterRent REIT and CLV Group to develop its first Canadian, multi-family-anchored, mixed-use project on the Burlington GO Lands. InterRent, CLV and Brookfield will develop an 8.5-acre site along Fairview Street.
The Ontario government is poised to allow taller buildings over a larger area in Toronto’s midtown neighbourhood, overriding the city’s own plans – a decision Municipal Affairs Minister Steve Clark acknowledges could further strain relations between Queen’s Park and city hall.
If you live in Canada’s big cities, you’d have noticed massive new office towers under construction. In Calgary and Edmonton, the last major office building cycle is wrapping up. In Vancouver and Montreal, new construction is getting started.
Iconic. Simple. Clean. That’s how architect Gwyn Vose of IBI Group describes the 60-storey residential tower Henson Developments proposes for 1059-1075 Nelson St. in Vancouver’s West End. It would reach a height of 585.5 feet to the top of its appurtenance.
Questions swirl around whether taxpayer money was used wisely in courting the Parq Vancouver development, given the project’s financial woes. Yet a look at the process of delivering the city’s biggest casino shows trusting politicians proved a dangerous gamble.
The fourth and newest phase of Times Group Corporation‘s Uptown Markham community, dubbed Riverview Condos, will consist of three towers with heights of 41, 41, and 22 storeys. The first set of 346 units will have prices starting from the high $400,000s.
Municipalities will be able to offer businesses 15-year tax breaks under changes to legislation tabled by the UCP government Tuesday. The idea behind the amendments to the Municipal Government Act is to help local governments attract more investment.
A tiny Nova Scotia community slated to be home to a spaceport has received conditional environmental approvals from the province. Maritime Launch Services claims to have $400-million in clients committed to launching satellites into orbit with Ukrainian-built rockets.
A retreat by Chinese investors is raising the cost of a once reliably cheap financing source for big U.S. real-estate projects. The U.S. government investment program EB-5 offers developers low-cost capital from wealthy foreigners – in exchange for U.S. residency.
The City of Edmonton will transform four downtown parking lots into a 1.25-hectare park. The green space, about the size of two football fields, will span nearly two blocks from Jasper Avenue to 102nd Avenue, between 106th and 108th streets.
Vancouver Mayor Kennedy Stewart, speaking in support of the city’s Moderate Income Rental Housing Pilot Program, warned the Urban Land Institute the city and developers must find more common ground to build rental housing for moderate- and low-income workers.
In contrast to previous surveys, a poll of 1,001 British Columbians carried out by Ipsos on behalf of the Urban Development Institute found 74 per cent of B.C. residents believe additional taxes, fees and red tape have made housing less affordable.
When Edmonton council launched a contest seeking a design for a plot previously occupied by five single-family homes in the Spruce Avenue neighbourhood, the first thing Calgary designers Studio North did was to get to know the community.
The Toronto Real Estate Board says the market is shifting to favour sellers as home sales jumped in May, but listings barely budged. It says there were 9,989 sales in May, up 18.9 per cent from the 15-year low in 2018.
It still takes some getting used to, this idea that Ottawa has the country’s hottest housing market. That’s because for most of the past decade-and-a-half, the capital region’s real estate scene has been completely overshadowed by frenetic activity elsewhere.
Not long ago, Windsor was the butt of jokes. Literally. In 2007, Stephen Colbert dubbed the southwestern Ontario city “the worst place on Earth”— and while many Canadians, not just Windsorites, took umbrage at the slur, others shared his opinion.