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Construction jobs drop in January

Construction jobs in the Lower Mainland-Southwest Region totaled 116,300 in January 2015, according to the Vancouver Regional Construction Association (VRCA). This represents a 2.3 per

Construction Business

Stantec acquires Seattle-based Sparling

North American design firm Stantec has acquired Seattle-based, 130-person Sparling, and their lighting design division Candela. A recognized industry authority in electrical engineering and architectural
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Canadian Apartment Magazine

Real estate giants unveil potential separation plan

FirstService Corporation (FirstService), a global real estate management company, has announced unofficial plans to divide into two separate companies – FirstService Corporation and Colliers International. Once operations are independently run, FirstService will be comprised of the existing FirstService Residential and FirstService Brands divisions.

Canadian Apartment Magazine

Multi-family sector leads Ont. housing starts

According to the Canada Mortgage and Housing Corporation (CMHC), an increase in Ontario housing starts in the multi-family sector over the last several months can be attributed to low vacancy rates, growing prices in the detached housing market and increasing urban intensification.

REMI Network

Solar rooftop project to be Ontario’s largest

Construction will soon commence on Ontario’s largest commercial solar energy rooftop portfolio ever installed.   Enerdynamic Hybrid Technologies Corp (EHT) said it will complete 143

Canadian Facility Management & Design

State-of-the-art K-12 public school opens in P.E.I.

The K-12 Souris Regional School has officially opened in Prince Edward Island after entering construction in the spring of 2013. The new $20-million facility is comprised of 128,000 square feet of space including a new K-6 academic wing, a culinary teaching area, enhanced IT and trades spaces, two gymnasiums and three playgrounds.

Canadian Facility Management & Design

Plans set for T.O. hospital patient care tower

Approximately 380,000 square feet of space will be added to the Toronto East General Hospital (TEGH) in the form of a new eight-storey patient care tower. The project, which will include an underground parking lot, courtyard and an additional three-storey expansion, is scheduled for completion in 2023.

REMI Network

Avison Young acquires Calgary-based Peregrin

Avison Young has acquired Calgary-based property management firm Peregrin Inc., welcoming 12 new employees to its company and adding 1 million square feet of managed

Canadian Apartment Magazine

Allied REIT completes Duncan St. acquisition

Allied Properties REIT (Allied) has completed the acquisition of a 50 per cent interest in a property located at 19 Duncan St. in Toronto, Ont., which the company plans to develop into a mixed-use building including retail, rental apartments and five floors of office space.

Canadian Apartment Magazine

Vancouver hotel to convert to student housing

A 17-storey luxury hotel in downtown Vancouver, known as the Viva Suites Hotel, has been acquired by CIBT Education Group’s (CIBT) wholly owned subsidiary, Global Education City Holdings Inc. (GEC), with the intent to convert it into a 230-bed student housing development for foreign students. The total value of the project, including purchase price and renovations, is approximately $37-million.

REMI Network

WaterTAP appoints new board chair

The Water Technology Acceleration Project (WaterTAP) has appointed Kenneth A. Morrison, P. Eng., as chair of the board of directors. Morrison has more than 40

Canadian Facility Management & Design

New sports centre opens at Bishop’s University

A 107,639-square-foot expansion has been added to the John H. Price Sports and Recreation Centre at Bishop’s University in Sherbrooke, Que. The addition, which includes renovations of existing facilities, was funded by the governments of Canada and Quebec as well as the City of Sherbrooke. The project represents a total investment of $32-million.

REMI Network

PIRET to build ‘premiere’ Fedex Ground centre

Pure Industrial Real Estate Trust (PIRET) has bought a 60-acre development site in Vaughan, Ont. to construct a Fedex Ground facility dedicated to the GTA.

CondoBusiness

Montreal condo sales dip in January: GMREB

According to the Greater Montreal Real Estate Board (GMREB), condominium sales in the Montreal region fell nine per cent, year-over-year, in January. In fact, with the exception of plexes (two to five units), all property types registered decreased sales when compared with January 2014 statistics.

Canadian Facility Management & Design

$42.3-mil correctional facility opens in N.S.

A new $42.3-million correctional facility has officially opened in Priestville, N.S. Known as the Northeast Nova Scotia Correctional Facility, the jail replaces the aging Antigonish and Cumberland penitentiaries, built in 1948 and 1890, respectively. The new building is the second largest correctional facility in the province.

REMI Network

Vancouver’s Bentall Tower IV earns LEED Gold

A 35-storey Class A building, part of the Bentall Centre office complex in Vancouver, has earned LEED Gold certification from the Canada Green Building Council.

REMI Network

La Coop federee now sole owner of Groupe BMR

Groupe BMR is now a wholly owned subsidiary of the agricultural and agri-food cooperative La Coop federee. Looking to build on the retail sector, particularly