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CondoBusiness

Baby boomers driving luxury condo sales: report

Downsizing baby boomers are driving year-over-year gains in luxury condo sales in Toronto and Vancouver, according to a report released yesterday.

Design Quarterly

Vancouver’s Polygon Gallery underway

Shovels will go in the ground in early 2016 for Polygon Gallery, a new public art gallery on Vancouver’s waterfront.

CondoBusiness

Vancouver condos lure ultra-wealthy homebuyers

Luxury market analysts conclude Vancouver is well positioned to attract more ultra-wealthy homebuyers who face economic and/or political turmoil in their own countries.

Construction Business

City of Vancouver’s Brian Jackson set to retire

The City of Vancouver general manager of planning and development, Brian Jackson has announced his plans to retire at the end of 2015.

Canadian Facility Management & Design

Telus turns to green bonds to help fund new HQ

Telus will issue $225 million in green bonds to investors that are willing to help finance the completion of its new Vancouver headquarters.

Canadian Property Management

New prestige office buildings capture market

Although longstanding landmarks in the Toronto, Montreal, Calgary and Vancouver skylines now command average rents 18 per cent higher than less iconic competition can muster, real estate analysts predict an emergent tenants' market will alter that picture.

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.
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.

CondoBusiness

West Coast condos to rise on rare waterfront site

Concert Properties is set to launch Voda, the first of four condos that will be built on one of downtown Vancouver's last parcels of waterfront property.

Construction Business

Vancouver building permits down in April

Building permits in B.C.'s Lower Mainland dropped in April 2015 following a large increase in March, according to the Vancouver Regional Construction Association (VRCA).
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REMI Network

Holt Renfrew plans major flagship store upgrades

Holt Renfrew is planning to significantly expand its flagship store in Vancouver, adding about 40,000 square feet and new luxury retailing concepts.

Construction Business

Telus Garden showcases innovation

In a city known for innovative and sustainable buildings, Telus Garden in Vancouver is pushing that reputation to a whole new level.

REMI Network

Six Cadillac Fairview towers earn LEED status

Six Cadillac Fairview office towers in Vancouver, B.C. have received LEED certification, including five at the Gold level. “Our tenants want greener, more cost effective

Construction Business

Vancouver’s Evergreen line opening delayed

The opening of the $1.4 billion Evergreen line in Metro Vancouver has been pushed to the fall of 2016. The tunnel boring process has been

REMI Network

Marine Gardens redevelopment gets approval

Concord Pacific received approval from Vancouver City Council for its multi-building Marine Gardens redevelopment near Marine Drive Station’s growing hub. In the seven-storey mid-size building,

Canadian Apartment Magazine

Vancouver project to offer condos, rental units

Sequel 138, a 97-unit affordable housing development located at 138 Hastings St. in Vancouver, B.C., has entered construction. The project offers low to moderate-income families and individuals access to affordable condominiums and rental apartments.

CondoBusiness

Housing affordability weakest in B.C.: report

This year’s Demographia International Housing Affordability Survey found that Vancouver is the world’s second most unaffordable housing market behind Hong Kong. In fact, of the five least affordable residential housing markets in Canada, four were found in British Columbia. Victoria, Kelowna and the Fraser Valley made the cut along with Toronto, Ont.