Ontario’s Growth Plan is reducing housing affordability
Posted: Sep 17th, 2022In: ConstructionNewsA building under construction in Toronto. According to Canada’s national housing agency, Ontario needs to build 1.8 million new homes to alleviate the housing crisis. (Shutterstock) Frank Clayton, Toronto Metropolitan University Few Ontario residents know[...]
Read More about Ontario’s Growth Plan is reducing housing affordabilityToronto area commercial real estate deals total $7B in Q2, up 43% from year ago
Posted: Aug 23rd, 2022In: ConstructionNewsSource: Avison Young TORONTO – A new report says the total value of commercial real estate sales in the Greater Toronto Area in the second quarter rose 43 per cent compared with a year ago.[...]
Read More about Toronto area commercial real estate deals total $7B in Q2, up 43% from year agoRESCON cites three issues Ontario should address to boost housing
Posted: Aug 9th, 2022In: ConstructionNewsThe Residential Construction Council of Ontario (RESCON) has recently released a three-step proposal to boost the housing supply in Ontario. “There are three critical matters that need to be addressed if we want to reach[...]
Read More about RESCON cites three issues Ontario should address to boost housingCalgary recruits commercial real estate expertise to revive new arena
Posted: May 27th, 2022In: ConstructionNewsCALGARY – The city of Calgary has recruited citizens from the commercial real-estate sector to help get a new event centre and home for the Calgary Flames back on track. When an agreement between the[...]
Read More about Calgary recruits commercial real estate expertise to revive new arenaRioCan REIT sees demand for retail space soar as it reports first quarter profit
Posted: May 11th, 2022In: ConstructionNewsTORONTO – RioCan Real Estate Investment Trust is seeing strong demand for retail space, even as companies work to recover from the effects of COVID-19 and cope with rising inflation. Jonathan Gitlin, the real estate[...]
Read More about RioCan REIT sees demand for retail space soar as it reports first quarter profitFlooding cuts 8.2 per cent off average Canadian home sale prices, says study
Posted: Feb 16th, 2022In: ConstructionNewsGatineau, Quebec, Canada, April 2019: Volunteers walk through water to carry sand bags while trying to protect a home during the spring 2019 floods of the Ottawa River. Flooding Canada experienced in the last decade[...]
Read More about Flooding cuts 8.2 per cent off average Canadian home sale prices, says studyRevised Yonge North Subway alignment announced, to tunnel under fewer homes
Posted: Dec 9th, 2021In: ConstructionNewsAfter input from the Thornhill community, Metrolinx has announced a refinement to the proposed Yonge North Subway Extension route, which tunnels under the neighborhood located in Markham, Ontario. On December 8th, Metrolinx president and CEO,[...]
Read More about Revised Yonge North Subway alignment announced, to tunnel under fewer homesVandyk’s transit-oriented community Grand Central Mimico appoints PCL Construction
Posted: Oct 9th, 2021In: ConstructionNewsRendering: SVN Architects + Planners Vandyk Properties (Vandyk), has announced PCL Construction as the official construction manager of record for the master-planned, community of Grand Central Mimico in Etobicoke. According to Vandyk, Grand Central Mimico marks the first-ever[...]
Read More about Vandyk’s transit-oriented community Grand Central Mimico appoints PCL ConstructionChinese developer misses payment, adding to industry strain
Posted: Oct 7th, 2021In: ConstructionNewsShenzhen Futian Eastern Skyline, Shenzhen’s two iconic skyscrapers, Kingkey 100, and Shun Hing Plaza (Diwang Building) stand among them. (photo: Charlie Fong via Wikimedia Commons) BEIJING (AP) – A midsize Chinese real estate developer failed[...]
Read More about Chinese developer misses payment, adding to industry strainCanadian Canoe Museum to Begin Construction on New Museum
Posted: Oct 4th, 2021In: ConstructionNewsThe Canadian Canoe Museum makes an impression from the streetside. Its curving façade gently lifts to reveal the mass timber elements through large expanses of glazing. The building is clad in weathered steel panels, giving[...]
Read More about Canadian Canoe Museum to Begin Construction on New Museum