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Progress for Don River flood protection projects

Waterfront Toronto, along with multi-level government support, has announced a $5 million funding boost for work on the naturalization of the Don River.

REMI Network

Mixed-used landmark in Ottawa sells for $22-mil

Mercury Court, a three-storey office building with ground floor retail in the trendy ByWard Market of Ottawa, has been sold for $22 million.

Canadian Apartment Magazine

Mainstreet continues to see double digit growth

Mainstreet Equity Corp., an add-value, mid-market consolidator of apartments in Western Canada, announced its 19th consecutive quarter of year-over-year double-digit growth in pre-tax funds from operations and net operating income.

CondoBusiness

Record number of GTA condo units rented in Q2

The number of GTA condo units rented through the MLS system during the second quarter of 2015 surged to a record-setting 8,200, reports Urbanation.

REMI Network

Slippery signature for Edmonton arena district

The Katz Group has revealed the official name for what will become Canada’s largest mixed-use sports and entertainment district.

CondoBusiness

Housing starts trended upward in June: CMHC

The Canada Mortgage and Housing Corporation (CMHC) reports that in June, the trend measure of Canadian housing starts rose to 183,959 units.

REMI Network

IKEA Canada to install EV stations nationwide

IKEA Canada will become the first retailer in Canada to install electric vehicle (EV) charging stations at each of its across the country.

Construction Business

Mechanized access to be built in Edmonton

The City of Edmonton has approved the construction of the Mechanized River Valley Access project starting at 100 Street near the Hotel MacDonald and ending in the river valley trail system near the Low Level Bridge.

Construction Business

Votes reject Metro Vancouver transit plebiscite

Metro Vancouver residents voted an overwhelming ‘No’ against the Mayor’s Council plan to fund transportation improvements. The mail-in ballot vote was held over a 10 week period from March 16 to May 29 with 61.68% of voters rejecting a 0.5% PST regional increase.

Canadian Property Management

Canadian buildings stand out in competition

Four teams of owners/managers from Ottawa, Calgary and the Greater Toronto Area accepted honours at the highest attainable TOBY level after receiving 2014 BOMA Canada national awards last September.

REMI Network

GTA home sales set new all-time high for June

The Toronto Real Estate Board (TREB) reported 11,992 sales through the Multiple Listing Service (MLS) system for June 2015, breaking records for the month.
REMI

CondoBusiness

Metro Vancouver saw record home sales in June

Last month was record-breaking for the Real Estate Board of Greater Vancouver (REBGV), which reported its highest sales ever for the month of June.

Construction Business

Permits approved for Site C construction

The B.C. government has issued permits authorizing construction of the massive $8.8 billion Site C hydro-electric project. The provincial government approved 24 authorizations, with conditions. Seven authorizations were issued under the Land Act, five under the Forest Act, eight under the Water Act and four under the Wildlife Act.
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Design Quarterly

Okanagan Centre of Excellence is LEED Platinum

The Jim Pattison Centre of Excellence in Sustainable Building Technologies and Renewable Energy Conservation at Okanagan College has been certified LEED Platinum. Since its completion

REMI Network

Canada and India plot future energy goals

Ministers for Canada and India met last week to discuss the growth of Canadian investments in India’s energy technologies.

Canadian Facility Management & Design

GTA saw Q2 uptick in commercial space leased

The Toronto Real Estate Board (TREB) reported today a year-over-year increase in the amount of commercial space, measured in square feet, leased in Q2-2015.

REMI Network

Ivanhoé Cambridge to buy four U.S. office assets

Ivanhoé Cambridge and Callahan Capital Properties are set to buy four high-grade office buildings situated across the United States.