Urban Toronto Updates from the Industry for February 22, 2022 | UrbanToronto
This is an UrbanToronto industry update sharing information and status updates from around the industry as a means to keep our readers in the loop. We are covering updates related to rules, regulations, and changes that are being made as a result of the pandemic that impact the real estate and building industries in Toronto.
In today’s report: Condo stakeholders at risk due to uncertainty in their reserve funds; 4 In 10 Parents of Young Ontario Homeowners Financially Helped Their Child Achieve The Dream Of Home Ownership; Safety remains a priority on Hurontario LRT project; and more news.
City glistening across the water, image by UT Forum contributor 67Cup
Government notices and announcements:
Statement by Mayor Fred Eisenberger “Green steel” a great leap forward for Hamilton
Design concept selected for landmark Terry Fox mural to be painted in downtown Toronto this summer
Notice of meeting for a proposed zoning by-law amendment at 152 Wilson Street for Amico Properties Inc./Spruce Partners Inc.
Private sector/other notices and announcements:
Metrolinx: Finch West LRT progress continues in Toronto’s west end
Metrolinx: Safety remains a priority on Hurontario LRT project
OREA: 4 In 10 Parents of Young Ontario Homeowners Financially Helped Their Child Achieve The Dream Of Home Ownership
ACMO: Condo stakeholders at risk due to uncertainty in their reserve funds
CREA: Strong sales and limited supply continue to spur big price gains to start 2022
Starlight Western Canada: Fund Raises $130,000,000 Maximum Size Initial Public Offering with Capacity to Acquire Approximately $425 Million of British Columbia Multi-Family Real Estate and Announces Monthly Cash Distributions
Minto Communities: Minto Communities GTA grows, announcing two new acquisitions in 2022 totalling over 1,500 units of development
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Everyone from construction workers to brokers to real estate executives is encouraged to share tips on what work and events have stopped, what is proceeding, and how their businesses are being affected by the various shutdowns.
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