Development Projects

Toronto Approves 'Union Park' Revision, Heights Up To 71 Storeys
Development Projects

Toronto Approves 'Union Park' Revision, Heights Up To 71 Storeys

Plans approved by Toronto City Council last week call for four buildings of 71, 50, 50, and 60 storeys and nearly 2,000 purpose-built rental units.

Industry

Court Dismisses $1.4B Bid From Mysterious Entity To Buy The One

The $1.4 billion bid to buy The One was submitted by an entity called Chateau Yorkville Corp. despite Tridel already being selected to complete the project.

Development Projects

Manulife Proposes Five-Tower Development Near Yorkdale Mall

The ambitious proposal seeks to transform a retail plaza with a dynamic mixed-use community that would deliver over 2,000 new units to a bustling North York neighbourhood.

Development Projects

35-Storey Condo Tower Proposed By Guildwood GO Station

If approved, the development would deliver over 400 condo units to the central Scarborough neighbourhood.

Development Projects

Ledingham McAllister Advances Four-Tower Phase Two Of Waterscapes In Kelowna

The City of Kelowna granted rezoning approval for The Vintage at Waterscapes in July 2023 and Ledingham McAllister has now returned with its development permit application.

Affordable Housing

‘Housing Now’ Development On Eglinton Ave East Advances, New Renderings Released

The renderings were released as a part of a Site Plan Approval application for phase one of the highly anticipated co-op housing project — Ontario's largest in 25 years.

Industry

Path To Completion Outlined For Thind's Eclipse Tower Under Creditor Protection

​The 34-storey Eclipse tower in Burnaby by Thind Properties was placed under creditor protection on January 8 and is 95% complete.

Development Projects

Buyers Lining Up At 6am For A Launch? Yes, It Can Still Happen

By 5:45 am on the day of sales launching there was a lineup outside the Ridgewood sales centre for the 32 Coquitlam townhomes available.

Real Estate News

GTHA Sees Slowest New Condo Sales In Over 30 Years, Construction 'Collapses'

The GTHA posted 533 new condo sales last quarter, representing a 62% year-over-year decline and landing sales at the lowest quarterly total since 1995.

Construction

March Sees Housing Starts Plummet 65% In Toronto, 59% In Vancouver

On the other end of the spectrum, Montreal is seeing housing starts skyrocket on a yearly basis, with multi-unit starts driving a 138% jump compared to March 2024.

Development Projects

KingSett Office Redevelopment Would Bring 65-Storey Condo To Financial District

The development is slated for 60 Yonge Street in downtown Toronto, currently occupied by a 12-storey office building constructed in approximately 1958.