A combined 189 storeys of mixed-use development is taking shape at Toronto’s Front and Spadina intersection, with the city’s largest private construction project ‘The Well’ in the process of realizing a 36-storey office tower along with residential rental and condominium buildings of 14, 16, 16, 22, 39, and 46 storeys. The new community has been making steady progress through 2021, its skyline…
The global COVID-19 pandemic is having far-reaching effects in Toronto, including major impacts on the real estate and building industries. Many jobs and most events are currently suspended, postponed, or affected in other ways, though UrbanToronto is still operating at full strength with our team working remotely. As a means to keep the public in the loop about the shutdowns,…
The US Federal Reserve has moved up its projected increases up from 2023 to 2024 as debate over inflationary pressures continues. The US Federal Reserve held its policy rate steady last week. But its latest dot-plot chart, which summarizes each individual Fed official’s forecast of where its policy rate is headed, now indicates that its members expect an average of…
Rekai Centres has advanced plans for their proposed long-term care (LTC) facility in Toronto’s emerging West Don Lands with a recent Site Plan Approval application submitted to the City. We last checked in on the planning of the facility known as Cherry Place in the Fall of 2020, following the project’s presentation to Waterfront Toronto’s Design Review Panel that September. The latest application seeks to finalize…
Minto Communities GTA is building upon their growing housing portfolio, launching their latest project with a new 90-acre master-planned community along Harmony Road in North Oshawa’s Kedron neighbourhood. Known as The Heights of Harmony, the first phase of this subdivision offers a collection of competitively priced single-family homes and townhomes in a range of architectural styles, along with the option for ‘Net Zero’ upgrades…
The absurdity of Toronto’s housing market makes tearing down perfectly fine rental buildings financially lucrative; A luxury homebuilder tore down a Toronto heritage home without a permit. What happens next could test Ontario’s heritage rules; A Toronto tenant says he was locked out of his home during Ontario’s eviction moratorium. He has to wait two months to try and get back into…
Which of these three below doesn’t belong with the other two: Real estate prices are skyrocketing It’s becoming harder and harder to get into the market Home ownership rates have increased Huh? How in the world could the third point be accurate if the first two are as well? In this market, I’m not surprised by a statistic all that often. …
Today’s Daily Photo features a view of Theatre Park, a 47-storey, architects—Alliance-designed condominium tower on King Street West in Toronto’s Entertainment District. Captured by Forum contributor globalexpress, this view shows window cleaners in action on the tower’s east facade. Window cleaners at Theatre Park, image by Forum contributor globalexpress Want to see your work featured as Daily Photo? Head over to…
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