British Columbia / Alberta
Industry
Thind Sells Hotel Component At 48-Storey Highline Metrotown For $47.2M
The hotel will be known as Hyatt Place Metrotown and be housed in the 10-storey building podium of Thind's Highline tower in Burnaby.
Nov 28, 2024
Appointment Notices
Brett Armstrong Named Managing Director Of Avison Young Vancouver
Brett Armstrong, who relocated from Toronto to Vancouver a few months ago, takes over the Managing Director role as of December 2.
Development Projects
PCI & Low Tide Submit Plans For Kitsilano Safeway After $90M Acquisition
The 2315 W 4th Avenue site in Vancouver is currently occupied by a Safeway and its surface parking lot.
Industry
Northstar Development To Buy QRD Met Project Under Receivership For $11.6M
Quarry Rock Developments was planning a mixed-use project called The Met at 2245 McAllister Avenue in Port Coquitlam.
For Homebuyers Seeking Convenience And Calm, Innisfil Has It All
Innisfil's picturesque shorelines, fresh air, and nature trails provide a serene escape from the bustling city.
Real Estate News
On National Housing Day, A Look Back At The Initiatives That Defined The Past Year
Defined as “a day dedicated to raising awareness about housing and homelessness,” National Housing Day 2024 is a good time to reflect on the fact that importance is being put on restoring housing affordability and stability for Canadians — an indisputably tall order.
Industry
What BC Developers Really Think About Another NDP Term
One of BC’s top developers made waves in the last days of the provincial election campaign by urging everyone to vote BC Conservative in order to end an NDP regime headed by Premier David Eby that he called a blight on the economy and more.
Breaking News
Duck Island, Home Of Richmond Night Market, Subject Of $90M Foreclosure
Duck Island, located along the Fraser River and leased to the Richmond Night Market, was set for redevelopment by Jingon International Development Group.
Meet The Agent
Meet The Agent: Maggi Thornhill, Engel & Völkers Whistler
It's time to say "Hello" to Maggi Thornhill of Engel & Völkers franchise for the Sea to Sky Corridor and the Sunshine Coast, who focusses on Whistler.
Opinion
Beyond Buildings: How Third Space's Net Zero Plan Aims to Tackle Vancouver’s Climate Crisis
From embodied carbon to operational carbon from energy use, Third Space's Net Zero Transition Plan addresses the entire building lifecycle, writes Leo Glaser, Director, Net Zero & Planet Impact.
Industry
Thind Facing Two More Receiverships, Owes $220M To KingSett
The receivership application was filed by KingSett Capital against Thind's Highline and Minoru Square projects.
Construction
Ontario Homebuilding Lagged Behind Other Provinces For The Last 6 Years, Study Finds
Ontario has consistently ranked in the bottom half of provinces in terms of homebuilding per capita over the last six years — the data for 2024 being an indicator that things are only getting worse.
Industry
Thind's District Northwest In Surrey Placed Under Receivership With $85M Debt
The District Northwest project by Thind Properties is set for 13438 105A Avenue in Surrey and consists of two high-rise towers.
Real Estate News
Housing Starts Rise 8% In October, Still Not On Track To Restore Affordability
According to CMHC, housing starts across Canada shifted up from 223,391 units in September to 240,761 units this October, though the six-month trend remains "flat."
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