Cities
Industry
"Defiant" Owner Of 55 Dundas Forces BMO To Settle Receivership For $8M
The company that owns 55 Dundas, 11603531 Canada Inc., was placed under receivership in November at the request of BMO.
May 17, 2024
Development Projects
Signs Of Life? Rezoning Approved For Decades-Vacant Site On Clark Drive
At the southeast corner of 12th and Clark, a developer has figured out a way to build on a lot that’s been vacant for at least 30 years – long enough that many people can’t remember what once stood there.
Development Projects
17-Storey High Park Proposal Gets Pushback From Community, City Staff
“I think that there's a perfectly good case to be made for a new building going there,” Ward 4 Councillor Gord Perks tells STOREYS. “I think it's a great site for a new building. It just requires that the developers… follow the rules of good planning.”
Industry
Edmonton UDI And CHBA Merge To Form BILD Edmonton Metro
UDI – Edmonton Metro CEO Kalen Anderson has been named BILD Edmonton Metro's inaugural CEO.
‘A Deep-Rooted Focus’: Averton Enters Alberta And Ontario Purpose-Built Rental Markets
"We appreciate that the homes we build, and the communities we develop, are the backdrop to our customers’ everyday experiences," says Averton President and CEO Paul Lanni. "This is something we don’t take for granted, and the pursuit of excellence is what fuels us.”
Listed
Trinity Bellwoods Stunner Is The Perfect Victorian-Style Family Home
The Victorian-style dwelling was recently renovated to create 3,600 sq. ft of fresh, modern living space that blends traditional elements with contemporary finishes, resulting in a timeless masterpiece that's move-in ready.
Development Projects
DiamondCorp Files Plans For Sleek 56-Storey Skyscraper At Yonge And Eglinton
The proposal comes from DiamondCorp — a developer known for tapping into the potential of under-utilized sites across the Greater Toronto Area — and seeks to replace a Royal Bank of Canada building that’s currently on the site.
Development Projects
Grosvenor's Brentwood Block With Six Towers Up To 63 Storeys Receives Final Approval
The Brentwood Block project by Grosvenor in Burnaby is set to deliver nearly 3,500 housing units, including the tallest all-rental tower in Western Canada.
Policy
Calgary Approves City-Wide Rezoning, Welcoming Missing Middle Housing
A week after ending the largest public hearing in Calgary's history, Council approved city-wide rezoning on Tuesday with a 9-6 vote.
Development Projects
45 Storeys, 488 Living Units Proposed For Etobicoke Centre
Vaughan-based development group Forest Gate has submitted plans for a prospective 45-storey mixed-use building that would replace a 10-storey rental building in Islington Village.
Finance
Newly Launched Financing Model Makes It Easier To Access Your Home Equity
The Home Equity Partners Inc. has debuted a HESA model in Canada, giving GTA homeowners the opportunity to access flexible financing by tapping into their home’s value. The best part? It doesn't involve taking on debilitating debt.
Development Projects
New Proposal Seeks To Swap Yonge Street Gas Station With 40-Storey Condo
The proposal lays out plans to bring 536 new condo units to 4696 Yonge Street, near the intersection of Yonge Street and Sheppard Avenue West in North York.
Development Projects
Church-Reuse Proposal In Riverdale Drops To Six Storeys
“The primary focus of the development plan is to help the St. John’s Presbyterian Church congregation remain in their historic location for years to come.”
Policy
City Of Vancouver On Pace To Miss Provincial Housing Supply Target
As part of the Housing Supply Act, Vancouver received a supply target of 5,202 for the first year. Halfway through the year, Vancouver is well short.
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