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.

Tag: cityzen

  • Building Toronto Tomorrow

    I’m going to be speaking on a panel on May 3rd, here in Toronto, called Building T.O. Tomorrow. The topic is the future of this city.

    It is being put on by the good folks at BuzzBuzzHome and it will be held in the lobby of Allied’s new Queen-Richmond Centre (134 Peter Street). If you haven’t yet been to this building, that alone makes attending worthwhile.

    Here’s the event poster:

    If you’d like to attend, make sure you RSVP to aleks@buzzbuzzhome.com.

    On a largely unrelated note, I recently picked up the handlebar bicycle mount for my GoPro and I’m looking for some fellow city geeks who would like to ride around the city and film some – potentially cool – videos.

    I find that being on a bike is one of the best ways to experience a city (at least the cities that are actually bikeable). So I’m hoping some of that magic will translate into video. If that sounds at all interesting, drop me a line.

  • 14 CityBuilders come together in support of removing the Gardiner East

    This will probably be my last Gardiner East post before the decision goes to City Council next week on June 10th. But I have such good news that I need to share it with you all.

    This morning 14 “CityBuilders” came together for the first time in support of removing the elevated Gardiner East and replacing it with a surface boulevard. They are real estate developers, investors, and other prominent business leaders in the city. And they sent a letter this morning to every single Toronto City Councillor outlining their position. 

    I can’t tell you how thrilled I am to see this happen, so I’d like to call out each and every member of the CityBuilders. They are (in alphabetical order):

    1. Castlepoint Numa
    2. Cityzen Development Corporation
    3. Context Development
    4. Continental Ventures
    5. Daniels Corporation
    6. Distillery Historical District
    7. Dream Unlimited Corporation
    8. Greybrook Capital and Greybrook Realty Partners
    9. Kerbel Group Inc.
    10. Manulife Real Estate
    11. QQE 162
    12. Streetcar Developments
    13. TAS
    14. Tridel Group of Corporations

    These are some of Toronto’s most important city builders and I am sure this will get the attention of both Mayor John Tory and the rest of City Council.

    If you haven’t yet signed the Gardiner East petition that Stephen and I started, please do so by clicking here.

    Happy Friday 🙂

  • Pre-delivering new homes

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    Today was my mother’s PDI for her new condo. For those of you who aren’t in the industry, a PDI is a “pre-delivery inspection” that happens about a week or two before you take occupancy of a new home. It’s basically a time for you to identify all the mistakes that the construction team has made and have them (hopefully) correct them before you actually move in.

    But for someone like my mother who is making the move from a house that she’s lived in for decades, a PDI is actually something much more significant: It’s the first time she saw her new “home.” And a home is something much different than just a house or a condo – it has emotional significance.

    It’s going to be an adjustment for her. One of the first things she did was open up the oven to see if she could fit her Christmas turkey in it. But in the end, I have no doubt that she’s going to love her new home. As I’ve mentioned before, people often overestimate the potential risks of change. But never be afraid to give up the good to go for the great.

  • Pier 27 and transparency in the real estate industry

    One of my favorite development projects going up in Toronto right now is the Pier 27 complex at the base of Yonge Street.

    What I love about it is that it’s trying something different. The two sky bridges that sit atop the two phases—currently under construction—are going to create a remarkable new focal point along the waterfront. It’s not just another condo.

    And as I watch the buildings go up, I’ve also been impressed by the materials used on the project. In particular the curtain wall (glazing) system used on the eastern most buildings. It’s a clear glass installation with white accent pieces. It’s beautiful. Here are a few photos.

    But as much as I love this project, it’s been slow moving. This project, like many others in the city, has been subject to a number of delays. They went to market in 2006-2007 and occupancy isn’t expected until next year—a good 7 years later.

    But more than the issue of time, my real concern is the lack of transparency. Why was it delayed? Were sales slow? Were there dewatering issues being on reclaimed land along the waterfront? Was the soil contaminated? As a consumer, it’s frustrating being in the dark.

    I do, however, acknowledge that this is a larger issue facing the real estate industry. We’re certainly not known for radical transparency. We’re a closed and insular industry. But over time I do believe that will change. It’s inevitable. And the best thing you can do today—as an organization or as an individual—is to embrace it.

    Full disclosure: I have a vested interest in this project and I’m currently having a fight with the developer over a small amendment I would like to make to the agreement of purchase and sale. They have been unwilling to cooperate.