Vegan quick-service restaurant chain Odd Burger is making major expansion moves on both sides of the Canada-U.S. border. In the U.S., Odd Burger has launched a 40-location Florida expansion program. London-based Odd Burger signed an eight-year franchising agreement with StarMatt Corporation, a Florida-based real estate and franchise development company. StarMatt is a joint-venture led by …
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Broccolini is partnering with Danish logistics firm DSV on a new 1.3-million-square-foot distribution centre in Southwestern Ontario. Broccolini sold a 55-acre land parcel in Inisfil, Ont., to DSV for an undisclosed price and agreed to build the distribution centre on the site, the company said on LinkedIn. The property is situated along Highway 400 near …
The City of Edmonton is establishing a permanent clean energy retrofit loans program. The newly established financing vehicle will replace pilot projects, such as a solar rebate program and a home energy retrofit accelerator, the Edmonton Journal reported. The city will provide up-front financing for upgrades to about 300 homes and 16 commercial buildings over …
Canada’s Altus Group has terminated its proposed US$225-million acquisition of Houston-based Situs Group’s commercial real estate valuation business. Altus said in a news release Friday that the transaction was unlikely to receive regulatory approval in a timely manner, despite the Canadian firm’s “extensive engagement” with the U.S. Federal Trade Commission over the past six months. …
High Tide has furthered its rapid Greater Toronto Area expansion program with the opening of a new Canna Cabana recreational cannabis store in Pickering, Ont. The new store is located in Brookdale Centre at 1105 Kingston Road near the Pickering Town Centre. The location is High Tide’s first in Pickering, 171st in Canada and 62nd …
Public Services and Procurement Canada has commenced construction on a new federal courts complex in Montreal. The federal government is investing $156.1 million in the three-year project. Montreal-based Architecture 49 and Toronto-headquartered Perkins+Will Canada are providing design and engineering services under a $13.6-million contract. Saint-Georges, Que.-based Pomerleau is managing construction as part of a $143-million deal. …
Get Ready for Canada Kick-off Connect CRE will hold its inaugural Canada Kick-off Event in Toronto on June 11. This will be Connect’s first commercial real estate industry conference in Canada. Panelists will include Syl Apps, managing director and co-country head for Hines; Lindsay Brand, chief investment officer at Concert Properties; Mark Kenney, CEO of Canadian Apartment …
Halifax multi-unit housing starts declined 6% year-over-year in April, according to the Canada Mortgage and Housing Corporation. The federal housing agency’s monthly housing starts report shows that 5,016 multi-unit projects commenced in April 2024 compared to 5,340 a year earlier, based on a seasonally adjusted annual rate. By comparison, Halifax single-family home starts declined 10% …
The Little Potato Company has opened a new $39.5-million packaging plant in the Edmonton bedroom community of Nisku, Alta. The 240,000-square-foot facility is located in the Nisku Business Park. “The new facility showcases pioneering technology that revolutionizes the way little potatoes are washed, sorted and packaged, prioritizing eco-friendly processes,” the company said in a news …
A new arts and culture hub funded mainly by Grosvenor has opened in Vancouver’s Yaletown district. The nine-storey building is located at 825 Pacific Street in a former warehouse district that includes many arts and cultural locations as well as bars, restaurants and multi-residential developments. “We recognize that the most critical challenge facing arts and …
Fengate Asset Management and LiUNA’s new Harmony Commons student residence project on the University of Toronto’s Scarborough, Ont., campus has become Canada’s largest passive house. Opened in September 2023, the nine-storey project comprises 265,007 square feet. Certified through a third-party verification system, passive houses use less energy for heating and cooling systems than conventional buildings. …
Legacy Development Group and partners Capital Property Development (CPD) and Alluvia Real Estate have broken ground on a new multi-family rental project in suburban Montreal. Known as Verdora, the project is located on Harwood Boulevard in the borough of Vaudreuil-Dorion. Verdora will comprise 245 units in two buildings of three to six storeys. The units …
Forest Gate Group is proposing to develop a 45-storey mixed-use condominium project in Toronto’s Etobicoke district. Vaughan, Ont.-based Forest Gate has applied to the city to redevelop a 10-storey rental apartment building at 4875 Dundas Street, according to multiple reports. Plans call for 488 residences comprising 432 condominium units and 56 rental suites. If approved, …
Essence Properties is proposing to build a major mixed-use development in the Vancouver suburb of Langley, B.C. The developer has filed an application to develop a master-planned community with the Township of Langley for the company’s Jericho project in the area of 200th Street and 80th Avenue. The site is located across 200th Street, a …
Edmonton city council has approved an 8.9% property tax increase. The hike covers commercial and residential properties. Councillors voted unanimously in favour of the increase, which was higher than the 6.6% boost initially approved in the fall of 2023, CTV reported. “We are not permitted by law to budget for a deficit, and to reject …
Chartwell is expanding its Quebec portfolio of seniors homes through two acquisitions. Toronto-based Chartwell disclosed the deals in its latest quarterly report. In early May, the company acquired an 85% interest in Chartwell Le Prescott from Boisbriand, Que.-based Batimo Group for $80.2 million in cash and debt. As part of the deal, Chartwell assumed a …
A multi-residential construction decline drove down overall Canadian housing starts in April, says the Canada Mortgage and Housing Corporation. Multi-unit housing starts fell 11% nationally year-over-year in April as high 2023 borrowing costs took their toll on the market, said CMHC in its monthly housing report. By contrast single-family home starts rose 3%. The high …
Several commercial real estate industry leaders will appear at Connect’s Canada Kick-off Event in Toronto on June 11. The afternoon event will be held at CIBC Square at 81 Bay Street in the heart of the city’s financial distirct. This will be Connect’s first commercial real estate industry conference in Canada. Panelists will include Rob Kumer, …
Calgary city council has narrowly approved a sweeping rezoning plan that allows for higher-density residential projects. Councillors voted 9-6 in favour of new regulations Tuesday night after they received about 40 amendments, The Calgary Herald reported. The decision has widespread implications for future rental-housing and condominium developments throughout the city. The approval came after council …
Hotson Architecture has merged with SvN Architects, the companies announced Tuesday. Both firms’ businesses have large commercial real estate planning and development components. Toronto-based SvN is attempting to expand its B.C. presence by capitalizing on Vancouver-based Hotson’s regional knowledge. “Hotson brings an intricate and local perspective in Western Canada and we look forward to amplifying …
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