Commuters’ willingness to jump on the bus, light-rail car or subway is expected to be a driving factor in repopulating office space in some major North American markets, including Toronto, Montreal and Vancouver.
Prominent Canadian asset managers recently recounted their experiences in repositioning underperforming properties, offering insight on turnaround logistics and the role value-add assets play in investment strategies.
The recently completed $102-million deal for Toronto Don Valley Hotel & Suites heralds the development momentum attached to the Eglinton Crosstown light rail transit line, now under construction across a 19-kilometre east-west stretch of the city.
Yorkdale Shopping Centre again takes the title of Canada's most productive mall in the Retail Council of Canada's annual analysis of shopping centres with more than 250,000 square feet of gross leasable area.
Panellists expressed a sense of pride and responsibility about making an imprint on a building that is both a civic landmark and embedded in Canada's cultural psyche.
The upfront cost has been projected at $13.8 million. The environmental repercussions of dismantling and discarding a 474,000-square-foot concrete and steel structure are more difficult to peg.
A spokesperson for the Ministry of Municipal Affairs and Housing says the underlying principle of improving accessibility will be maintained, and connects the revisions to the government's commitment to cut red tape that is slowing down the production of new housing.
Mixed-use developments in Toronto are creating neighbourhoods that are unaffordable for many people, according to a new study.
The GTA's rising population and provincial investments will fuel growth at commercial hubs near future transit-oriented developments.
Creative programming can add value to office buildings in an increasingly competitive leasing environment.
The CaGBC is working to spearhead the next evolution of green building with the launch of its Zero Carbon Building Standard.
A new $200-million hotel-office-condo-multifamily development officially broke ground in downtown Montreal last week.
With the development of the York Recreation Centre, the City of Toronto is serving a previously underserved community by using a previously underused site.
A few years ago, an aging mall in Midland, Ontario, was left struggling like many enclosed shopping centres across Canada.
A preliminary master plan for the Old Port of Montreal imagines a dynamic, mixed-use waterfront site with closer access to the St. Lawrence River.
Flooding is giving rise to new research on how green roof performance metrics can better manage water capacity.
Hospitality guests are turning to immersive hotels as they now desire a unique experience that sets them apart from their social networks.