'The Taylor' Wins Development Of The Year At 21st Annual REX Awards

NAIOP Greater Toronto Chapter's annual Real Estate Excellence (REX) Awards returned last month to dole out some of the most prestigious accolades in the real estate development industry.

Now in their 21st year, the REX Awards recognize excellence and innovation in the office, industrial, retail, and mixed-use sectors across the Greater Toronto Area. This year's ceremony was held at the Toronto Region Board of Trade on June 15.

Some of the night's top prizes were awarded to Toronto developments, including the ritzy rental building The Taylor, which won the coveted Development of the Year, as well as Multi-Residential Development of the Year. Situated near the corner of King Street West and Spadina Avenue, the Tricon Residential building is billed as "Toronto's most fashionable address."

100 Yonge Street, part of KingSett Capital's Scotia Plaza, received the ESG Impact Award. The office tower recently achieved the Zero Carbon – Performance Standard. Meanwhile, the founder and CEO of KingSett Captial, Jon Love, received the Real Estate Icon Award.

Jon love 1 KingSett Capital CEO Jon Love

In another win for KingSett Capital, the three-storey Lululemon flagship store destined for 2 Bloor Street West was awarded the Retail Lease of the Year.

Office Lease of the Year went to the relocation of the Canada Goose company headquarters to 100 Queens Quay East. According to CBRE, the 115,000 sq. ft. deal in the Menkes Developments tower was one of the largest office transactions Toronto has seen since the start of the pandemic.

The future headquarters of Google Canada at 65 King Street East received the Office Development of the Year Award. Upon completion, the 18-storey tower from Carttera will bring 400,000 sq. ft. of next-generation workspace to the city.

Here are all the winners from the 21st annual REX Awards:

Major Awards

Lease of the Year: 100 Ace Drive, Brampton – Magna International Lease

Investment Deal of the Year: ArtHaus

Development of the Year: The Taylor

ESG Impact: KingSett Capital, Scotia Plaza’s 100 Yonge Street

Asset Class Awards

Office Lease of the Year: 100 Queens Quay East: Canada Goose

Office Investment Deal of the Year: Royal Bank Plaza

Office Development of the Year: 65 King East

Industrial Lease of the Year: 100 Ace Drive, Brampton – Magna International Lease

Industrial Investment Deal of the Year: Slate Hamilton Waterfront Development

Industrial Development of the Year: 1330 Martin Grove

Retail Lease of the Year: Flagship Lululemon at Yonge & Bloor

Retail Investment Deal of the Year: 83-95A Bloor Street West

Multi-Family Investment Deal of the Year: ArtHaus

Multi-Residential Development of the Year: The Taylor

Individual Awards

Real Estate Icon Award: Jon Love

Real Estate Community Service Award: Bill Argeropoulos

Developing Leader of the Year: Duncan Smith

Volunteer of the Year: Lorayne Mercado

Real Estate News

'The Taylor' Wins Development Of The Year At 21st Annual REX Awards

The annual REX Awards returned last month to dole out some of the most prestigious accolades in the real estate development industry.

Trending

You may also like

“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.”

UDI – Edmonton Metro CEO Kalen Anderson has been named BILD Edmonton Metro's inaugural CEO.

Tridel has been in the game for nearly a century and has built enough homes to house a mid-sized city over that timespan. The pioneering Toronto real estate developer was even among the first in Canada to embrace the then-new condominium model in the mid-20th century.

Sitting in the heart of Toronto's prestigious Moore Park neighbourhood, 9 Ridge Drive Park serves opulent charm with a warm and welcoming ambiance.

"When it comes to Canadian housing, calm is good​," writes head BMO Economics economist Douglas Porter.

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.

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.

​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.

A week after ending the largest public hearing in Calgary's history, Council approved city-wide rezoning on Tuesday with a 9-6 vote.

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.

“April 2023 was characterized by a surge of buyers re-entering a market with new listings at 20-year lows, whereas this spring thus far has been the opposite, with a healthier number of properties to choose from but less enthusiasm on the demand side.”

Inside this 9,500+ square foot home the design details tell a story that make for an interesting talking point to share with guests: each design decision is guided by the principles of the Golden Ratio, phi Φ, which has, for hundreds of years, formed the basis for harmonious design.

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.

The Olympic Villas affordable housing project, located at 4010 Walters Street in Merritt, completed in November 2022 with $16.6M in low-interest financing from BC Housing.

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.

Municipalities are expected to report on their progress towards the housing supply targets they've been given. We're tracking it all.

2024 © STOREYS Publishing Inc. | All Rights Reserved

"When it comes to Canadian housing, calm is good," writes head BMO Economics economist Douglas Porter.

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.