Daily insights for city builders, delivered every morning at 6 AM ET. I’m Brandon Donnelly — a Toronto-based real estate developer and founder of Globizen. I’ve been writing here since 2013.

Category: Globizen

  • New acquisition for Globizen Flats: 571 Oakwood Avenue in Toronto

    This week, Globizen announced a new acquisition for our Flats division: 571 Oakwood Avenue in Toronto.

    This is an exciting moment for us because it marks the first project in our strategy of unlocking underutilized urban sites to create thoughtfully crafted, design-forward rental homes in walkable, transit-oriented communities across Toronto.

    The mission is simple:

    • Fill a Housing Need: We believe there’s a gap in the market for spacious, well-designed, family-oriented rental homes at accessible price points.
    • Support Toronto’s Urban Evolution: We believe that Toronto is at a unique turning point in its urban history, transitioning from a monocentric downtown surrounded by low-rise suburbs to a polycentric city that fundamentally rethinks its relationship to the car.
    • Invest in Renewable Energy: Canada needs more clean energy capacity. We see this as an opportunity to create a decentralized renewable energy asset alongside our communities.

    Globizen Flats is a response to these beliefs.

    Check out the full post in the Globizen Journal. You can also subscribe and follow Globizen Flats (@globizenflats) on Instagram.

    As an aside, I initially created the above toilet image as a joke. It’s a photo of the bathroom in the existing house on site. But my partners thought it was cool and that we should share it publicly, so here we are. I bet that toilet was the neatest thing when it was first installed.

  • What’s next for Parkview Mountain House

    Since we first opened bookings for Parkview Mountain House, we have been using a third-party property manager. This seemed to make the most sense given our team is not local.

    But since then, we have learned that, along with the fees charged by Airbnb and VRBO, it’s simply too high a fee load. We also found it difficult to offer the exact hospitality experience we were after without full management control.

    So we have made the decision to terminate our management contract and transition the property to internalized management. What this will entail is taking on more management control (from Toronto) and having a local support team that we assemble and manage ourselves. This is underway and I’m personally enjoying getting further into the details of this business.

    What does this mean for bookings?

    Summer and fall remain open for bookings. But the winter season is now blocked off starting in early December. Expect an announcement this fall when it opens up. To stay in the loop, you can subscribe to this blog and also check off “Globizen Updates.”

    Are you local to Park City and SLC?

    In the meantime, if any of you live in the area and work in the hospitality, maintenance, or property management space, please drop us a line at pmh@globizen.com. We are currently assembling our local vendor team and we’d love to connect with you.

    I have a good feeling that it’s going to be an incredible winter season in Utah.

  • From square to circle at One Delisle

    One Delisle is really starting to make a mark on the Toronto skyline. So on a semi-regular basis, people now send me photos of the building or mention me on the socials. I love when people do that. Here’s a great photo from today from Dion on Twitter.

    One of the comments that I used to get was, “Yeah, I don’t know, Brandon, the floor plate is still looking pretty square.” And I would respond with, “Be patient.” For those of you who aren’t familiar with the design, the entire tower gradually transforms from a square floor plate to a 16-sided circular floor plate.

    Nobody makes this comment anymore.

    I also really like Dion’s photo because it shows the steel for the “crown” at the top of the building coming together. The height of the crown was something we fought for during rezoning. Studio Gang felt it was crucial for the proportions and slenderness ratio of the building. And we agreed.

    I can tell you that it had us measuring the exact height of nearby church windows to see if this crown would shadow them at certain times of the day and year. I’m sure glad we did that.

    Please keep the photos coming!