Our cost consultant, Finnegan Marshall, gave our team a presentation today on what’s happening with construction costs in Toronto and across Canada. I’ve said this before, but hard costs are no joke right now. One of the areas that they focused on was the impact… Read More
Last week I wrote about a project in New York by DDG Partners called 100 Franklin. If you missed it, go here. I didn’t, however, say much about the developer. Though at the time I was wondering why their website was no longer up. DDG… Read More
100 Franklin is my kind of project. Developed by DDG Partners, 100 Franklin is a small boutique condominium project that was completed last year in New York’s Tribeca. From what I can tell, there are only 10 residences in the project, ranging from 1,427 to… Read More
My realtor friend Mark Savel tagged me in this earlier today. Pine Hill Homes has recently completed a laneway suite here in Toronto and they have now put out a call for artists to come up with something creative for its front facade. I think… Read More
The Greater Toronto Area builds a lot more condominiums than purpose-built rental units. This isn’t the case everywhere though. I was recently reading an article about Salt Lake City and how developers there don’t want to build condominiums. It’s mostly rental housing. There’s simply too… Read More
So Soho House went public this week. It is now trading on the NYSE under the ticker $MCG. It renamed itself the Membership Collective Group Inc. for the IPO given the myriad of brands that the company now operates. The company went public at $14… Read More
Building things, as we all know, is a risky endeavor. I think of myself as an optimist, but the reality is that there are countless things that can go wrong. There’s approvals risk, political risk, market risk, construction risk, design risk, and many other kinds… Read More
This is an interesting article talking about the price of carbon and where it will need to go if we are to get to zero carbon emissions by 2050. The current price of carbon on the EU’s Emissions Trading System is around $59 per tonne.… Read More
Vancouver House is such a wonderful example of great city building. It’s an awkward site hugging the off ramps of the Granville Street bridge. It’s less than ideal. And yet Westbank (developer) and Bjarke Ingels Group (architect) have turned it into something remarkable. The tower… Read More
BILD just announced its finalists for the 2021 BILD Awards. This is probably the most noteworthy awards program in the development industry here in the Greater Toronto Area. And so I am pretty excited to announce that One Delisle is a finalist for the following… Read More
