Browsing Tag

development

CRE investment momentum building with signs of economic recovery ahead: Altus Group

Ray Wong May 10, 2021

The pandemic has not shown any signs of easing up this year, with new variants rapidly spreading and strict lockdown orders still being enforced across the country. But despite this, the first quarter of 2021 has brought forth strong…

Construction

BMO Centre Expansion at Stampede Park breaks ground

Building May 5, 2021

The Calgary Stampede, together with Calgary Municipal Land Corporation (CMLC), is breaking ground on the new facility on Stampede Park—a $500M project in Calgary’s developing Culture + Entertainment District.The Calgary Stampede and…

Building

The “Missing Middle”: Why the Fix is Nowhere in Sight

Mike Millar May 3, 2021

Several articles have appeared in the media recently attempting to dissect the cause and the cure to the “missing middle” in the Toronto housing market. It is the same culprits that typically come to the fore such as too much regulation and…

Building

Stantec, SYSTRA and Desfor to take part in the feasibility study for Phase 1 of the La Grande…

Building Apr 30, 2021

The Vision Eeyou Istchee Consortium, which consists of Stantec, SYSTRA and Desfor, with assistance from KPMG, has been selected by the Cree Development Corporation (CDC) to complete the feasibility study for Phase 1 of the La Grande…

Urban Planning

Federal infrastructure bank can’t meet funding plans without spending spree, PBO says

Jordan Press – THE CANADIAN PRESS Apr 29, 2021

OTTAWA – A federal infrastructure financing agency might not meet its near-term plan to fund projects more quickly to foster economic recovery, says a new report by the parliamentary budget officer.As it stands, the budget office…

Building

Montreal politicians debate whether to allow skyscrapers higher than Mount Royal

Morgan Lowrie - The Canadian Press Apr 27, 2021

Montreal's Mount Royal looms both literally and figuratively above its namesake city, with the illuminated cross on its summit visible across much of the island and beyond. That visibility is by design: the city's master plan states that…

Construction

B.C. puts $2B toward low interest loans for builders of affordable housing

The Canadian Press Apr 16, 2021

VICTORIA — The B.C. government is investing $2 billion in a low-interest loan program for builders of affordable housing.Housing Minister David Eby said Thursday the financing will be offered to private developers and community groups…

Urban Planning

Choice Properties and the Daniels Corporation partner on Golden Mile Shopping Centre redevelopment

Building Apr 12, 2021

Choice Properties Real Estate Investment Trust announced a new partnership with The Daniels Corporation to revitalize and redevelop Phase One of its 19-acre Golden Mile Shopping Centre at 1880 Eglinton Ave. E, Toronto, adjacent to the new…

Building

Ivanhoé Cambridge and Hines Break Ground on CIBC SQUARE’s Second Tower

Building Apr 5, 2021

Ivanhoé Cambridge and Hines officially broke ground on CIBC SQUARE’s second tower located at 141 Bay Street in Toronto’s Financial District. Construction on the 50-storey office tower is scheduled to be completed in 2024.Phase One…

Building

Tricon and CPP Investments announce a Toronto multi-family development joint venture

Building Mar 26, 2021

Tricon Residential Inc. and Canada Pension Plan Investment Board announced that they have entered into a joint venture to invest in build-to-core multi-family rental projects in the Greater Toronto Area.The Joint Venture will provide up…

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