Alfredo Romano of Castlepoint Numa believes in mixing differing social, and demographic groups in its new development. He states that Toronto is so tightly woven that unless you integrate housing types, you end up with ghettos. His new project, 3C Waterfront, will be doing this mixing on a grand scale with a 2.5 million-square-foot community
The commercial real-estate industry is investing in technology in a big way with “proptech” investment expected to reach US$6.3-billion this year. This includes solutions “for creating, developing, renovating, buying, selling, marketing and managing real estate”. AI systems include everything from elevator maintenance to heating efficiency. Tenants can remotely control lighting, temperatures and fans in individual
Coastal cities in Asian are overflowing. Land reclamation has been the response to the demand for coastal land - dumping sand to create new land for malls and even new cities. This approach has proven to be lucrative, but it turns out that reclamation has negative environmental impacts. Not only does it deplete the supply
The mixed-use trend is increasingly being seen in and around Toronto. Older, industrial and “tired” areas are being redeveloped to offer destination communities which provide residents with “eat, work, live and play” - all within walking distance. Some examples include Daniels Waterfront on Queens Quay East, Camrost Felcorp project in Mississauga, and plans for Union
Changes in retail trends and rising land values has had a significant impact on the older malls throughout North America. According to Andrew Petrozzi of Avison Young, the future of the older malls is in mix uses. This trend is seen throughout Canada and the US. In Vancouver there are 10 older malls to which
According to the National Association of Realtors, there has been a sharp decrease in the year over year purchase of American homes by foreign buyers. The Chinese remain the dominant purchasers of American property at $13.4 billion, down 56% over a 12 month period, representing the greatest yearly decrease in purchases amongst the foreign buyers.
A new development at Front and King called the Well, includes thermal water-storage that uses water from Lake Ontario to air condition buildings. Enwave Energy Corp., is working with Allied Properties REIT, RioCan REIT, and Tridel Corp. in this energy project. Currently, this Deep Water Cooling system uses cold water from Lake Ontario and sends
Lynx has a new look and more to offer. If you haven’t had a chance, please review our website. It highlights our offerings, our strong historical track record, and comments from many delighted clients. Already, a number of you have reached out to let us know you like the new look. If you haven’t seen
Breather Products is rapidly growing in the “sharing economy” and recently acquired $60 million for expansion. Breather leases commercial real estate in North America and Britain in high density and expensive locations. Breather then rents out the space for terms from hours to months on a digital platform. Julien Smith, co-founder, believes the need for
Incredibly great!! Both the number of attendees and the Yardi Software keep growing! With over 2000 attendees, the event team at Yardi keeps everything working smoothly. The themed Yardi Party was amazing – taking you into outer space for dinner and dancing into the late hours. A perfect combo of work and fun with the
