Articles tagged with "Residential Building"

Development of the Coopertown neighbourhood in the northwest end of Regina has begun after a decade-long standstill. The project will bring new residential opportunities to an area that has been vacant for 12 years. This marks a significant growth move for Regina's northwest sector.

GWL Realty Advisors plans to redevelop the historic College Park building in Toronto, adding three towers of 65, 75, and 96 storeys while preserving the original structure. The development will include residential units, retail and commercial space, a hotel, a daycare, and the expansion of the Carlu event venue. The project aims to create a new landmark destination, influenced by global architectural designs, and integrate new public areas such as a 'winter garden' facing the park.

The construction of NorthCore Condos, an 18-storey residential development in North York, Toronto, is nearing completion with the structure already reaching its 16th floor. Designed by Arcadis for Fieldgate Urban, the project includes a four-storey townhouse block on Bogert Avenue. The building's facade is being finished with brick-veneered precast panels along Sheppard Avenue, and work is progressing on the tower's upper floors. The development is expected to deliver 415 residential units once completed.

Mayor Sutcliffe has pledged a historic overhaul of the housing construction process. This initiative originates from the findings of the Housing Innovation Task Force. Their goal is to discover new ways to speed up the building of affordable homes.

764 Rockcliffe Place in Kelowna is an architectural marvel that blends luxury with engineering precision. The home features polished concrete and steel, offering breathtaking views of Lake Okanagan. With spacious living areas, high-end kitchen appliances, a pool deck, and a stunning car garage equipped with a vehicle elevator, the property embodies both elegance and functionality. The residence offers a seamless connection to the outdoors, making it an ideal retreat for luxury living.

A luxurious 4-bedroom estate located at 8836 Stonington Road in Vernon, British Columbia, is listed for $3,697,500. Overlooking Okanagan Lake, this gated property offers a fusion of privacy and style with potential for expansion, including options for a guest house or pickleball court. The home features a contemporary West Coast design, a gourmet kitchen, an entertainer's basement, an outdoor living area with a pool, and exclusive access to a private dock and beach. Additionally, the property is equipped with eco-friendly features and future-proof designs.

Residential electricity rates have increased by 6.6% compared to the previous year as gas prices rise. The price impact varied across different sectors, according to the U.S. Energy Information Administration. This indicates an uneven distribution of price hikes in electricity across various consumer segments.

In the current era of widespread disinformation, the residential construction industry experiences a notable gap between perception and reality concerning the costs associated with housing. A survey by Liaison Strategies highlights misconceptions about how fees and taxes contribute to home prices. This disparity exemplifies the challenge of discerning true costs amid prevalent misinformation. The article seeks to demystify these costs to provide clearer understanding for stakeholders.

Global Education Communities is developing two rental-housing projects near the new Oakridge shopping centre in Vancouver. The projects will benefit from their proximity to Canada Line rapid-transit stations, catering to student housing demands and a broader multi-family rental market. Construction on the first project, GEC Oakridge, is underway and expected to complete by mid-2027, while the second project, GEC Langara, is still in the city approval process. Both developments are part of a broader collaboration with Pomerleau Capital to deliver an $800-million student-housing portfolio across Metro Vancouver.

In August, a wildfire in Kingston, Newfoundland and Labrador, caused approximately $70 million in insured damages to homes, businesses, and infrastructure, prompting the evacuation of around 3,000 residents. The event was the largest insured property loss in Atlantic Canada this year, highlighting the increasing risk and cost tied to extreme weather events. The Insurance Bureau of Canada is urging investments in resilient infrastructure and stricter building codes to mitigate the impact of future disasters. Prolonged dry conditions and high temperatures have intensified wildfire risks in the region.

In August, housing starts in Canada's major markets rose 10% compared to the previous year, as reported by the CMHC. However, a monthly decline was observed with the seasonally adjusted annual rate (SAAR) of housing starts for Canada falling 16% from July 2025. The slowdown aligns with forecasts, with Vancouver and Montreal showing significant yearly gains. Despite this, rural housing starts decreased 4% year-over-year.

The City of Toronto has outlined zoning policies for 25 Major Transit Station Areas (MTSAs) and 95 Protected Major Transit Station Areas (PMTSAs) to increase housing density near transit nodes. This initiative supports the Province’s target of building 285,000 homes by 2031, aided by $471.1 million from the Federal Housing Accelerator Fund. The new policies set minimum height and density standards, require Inclusionary Zoning for affordable units, and focus on sustainable development around transit nodes. Some areas, pending provincial approval, remain on hold due to possible impacts on historic flood plains.