Peter and Adelaide Rising, Extending Skyscraper Canyon West | UrbanToronto

A new condominium tower is rising at the meeting point of Toronto’s Entertainment District and Fashion District areas, with Peter and Adelaide climbing into the air beside both of the streets it is named for. The 47-storey BBB Architects-designed condo tower for Graywood Developments is ascending with a unique footprint, its base wrapping around Sonder’s The Slate Hotel and a two-storey heritage building at 342 Adelaide West. Looking…

News Roundup for June 29, 2021 | UrbanToronto

Toronto moves to rename Dundas Street after city report agrees with critics of namesake’s legacy; Rooming houses could be legalized Toronto-wide as early as November 2022, city report says; All new Toronto buildings could soon face tighter greenhouse gas emissions targets; and more news: Toronto moves to rename Dundas Street after city report agrees with critics of namesake’s legacy (Globe and Mail)…

Anticrepuscular Rays Over Port Lands | UrbanToronto

Today’s Daily Photo comes to us from Forum contributor globalexpress, who captured anticrepuscular or antisolar rays over Toronto’s Port Lands area. The sunset view shows the new Commissioners Street Bridge left of centre, and the angular, concrete form of the Cherry Street Stormwater Management Facility in the left foreground. Toronto’s Port Lands, image by Forum contributor globalexpress Want to see your…

Markee Developments Launches with Tyndale Green | UrbanToronto

A mixed-use community has been proposed in North York on the lands of Tyndale University, a Christian seminary that backs onto Don Valley ravine. The proposal comes from Markee Developments, a new company formed by Jennifer Keesmaat, Toronto’s former Chief Planner and Jason Marks, former CEO of Shiplake Properties. The proposed development, dubbed Tyndale Green, retains the University as a…

COVID-19: UrbanToronto Updates from the Industry for June 28, 2021 | UrbanToronto

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,…

Upper East Village Bringing Trio of Condo Towers to Crosstown Route | UrbanToronto

All along the future route of Toronto’s Crosstown LRT, new high-density developments are popping up near the stations. These areas that have seen little redevelopment over recent decades, have left properties that are ripe for the larger population that the LRT will be able to transport quickly. Among the office parks and big box retail centres of Eglinton Avenue East in…

Five-Year Fixed Mortgage Rates Are Back at a Crossroads

Bond yields are moving up, but trends, from US in particular, will also impact where Canadian fixed mortgage rates go. Last week was a slow one on the mortgage news front, so this post will be shorter than normal.  The key question on everyone’s mind was how financial markets would react to the US Federal Reserve’s slightly more hawkish tilt….

50-Storey ‘Oro’ to Join Edge Towers Community in Downtown Mississauga | UrbanToronto

The Hurontario LRT will soon provide rail transit along Mississauga’s primary north/south thoroughfare, and the promise of it coming into service in a few years is fostering a vertical growth spurt along this corridor through the centre of the city west of Toronto. Just south of Square One, Solmar Development Corporation’s new Edge Towers community is bringing a trio of Roy Varacalli-designed towers to a site…

News Roundup for June 28, 2021 | UrbanToronto

Former Walmart becomes one of Canada’s largest murals; Miami condo collapse draws attention to Canadian developer; Toronto Island Marina toils to clean up mess of disused boats; and more news: Former Walmart becomes one of Canada’s largest murals (CTV News) Miami condo collapse draws attention to Canadian developer (Globe and Mail) Toronto Island Marina toils to clean up mess of disused boats…