Toronto

WPNewHospital945x514

REMI Network

Construction of $1.2 billion Toronto hospital begins

Construction of West Park HealthCare Centre’s $1.2 billion hospital is underway. Development on the project kicked off on Oct. 11, 2018.
downtown-945x514

REMI Network

Office vacancy rates drop across Canada in Q3

Total office vacancy has dropped across Canada's six largest urban markets, Colliers reports. Newly released results for the third quarter of 2018 suggest pre-leasing commitments from banks and tech companies for new premises in the Toronto and Vancouver markets underlie the growth.
Canada's big three cities

Canadian Property Management

Canada’s big three cities affirm net zero goal

The mayors of Toronto, Montreal and Vancouver are among leaders of 19 major world cities aspiring for net zero carbon emissions across their urban building portfolios by 2050.
construction site security

CondoBusiness

Site security comes under renewed scrutiny

Construction site security is under renewed scrutiny after a member of the public gained access to a downtown property and scaled a crane.
#TorontoFlood

CondoBusiness

Takeaways from #TorontoFlood

At least one condo corporation is facing what is likely to be a steep repair tab after Toronto was drenched with a month’s worth of rain on Aug. 7.
high-density land

REMI Network

High-density land in the GTA traded at $92/sf in Q2

High-density land in the GTA traded hands at an average of $92 per buildable square foot in Q2-2018, according to a report
Beedie rebranding

Canadian Property Management

Scotiabank to anchor new Bay Adelaide tower

The 32-storey, 820,000-square-foot building will be the third and final piece of the office complex Brookfield Property Partners brought to the downtown Toronto market in 2009.
high-rise housing starts

CondoBusiness

National housing starts trend down in July

The national trend in housing starts declined slightly to 219,988 units in July 2018, down from 221,738 units in June 2018, according to CMHC.
constrained Toronto market

Canadian Property Management

Constrained Toronto market curbs Q2 investment

Land deals accounted for half the value of real estate investment in the Greater Toronto Area during the second quarter of 2018, while activity in the office sector dipped considerably.
young designers

Canadian Facility Management & Design

Nuit Blanche project to mentor young designers

Students and young professionals working in the fields of lighting design, architecture and interior design are invited to help create a public art installation that will literally illuminate a micro-park tucked amid the towers of Toronto's financial district.
chief planner

REMI Network

Former chief planner launches mayoral campaign

Jennifer Keesmaat is campaigning to become the next mayor of Toronto, the city she formerly served as chief planner.
new condo sales Urbanation CMHC

CondoBusiness

National housing market remains highly vulnerable: CMHC

Canada’s overall housing market remains highly vulnerable, mostly due to evidence of overvaluation and price acceleration, finds CMHC.
Toronto airport office node

Canadian Property Management

Toronto airport office node attracts investors

Crown Realty has acquired 10 and 20 Carlson Court, a 305,000-square-foot Class A office complex located near Toronto's Pearson International Airport.
retrofit financing

Canadian Apartment Magazine

Toronto may extend reach of retrofit financing

Toronto Council is considering opening up a loan fund for energy upgrades to a larger pool of borrowers, including private sector landlords, condo corporations, health care and educational facilities.
vancouver office space

Canadian Property Management

Q2 office vacancy space figures released

Figures for office vacancy space in Q2 of 2018 have been released. The report revealed positive absorption rates for most of the major markets in Canada.
office development GTA new home market

Canadian Property Management

GTA office market returns mixed second-quarter results

The Greater Toronto Area (GTA) office market reached the midway point of 2018 with mixed second-quarter results, an new reports has revealed.
property tax grant

Canadian Property Management

Developers decry pullback on property tax grant

Rules for the program are set to change, making the timing less than ideal for development proponents still awaiting a decision based on the original criteria in place when they submitted their applications.