RGF to redevelop Mississauga YMCA property
RGF (Mississauga) Developments Inc. announced yesterday the purchase of the YMCA property on the northeast corner of Burnhamthorpe Road West. and Confederation Parkway in Mississauga for the purpose of redevelopment. RGF is led by HBNG Holborn Group. A statement said future development of the 4.5-acre property will take place over several phases and will potentially consist of multiple mixed-use towers atop ground–floor retail.
Logistec properties achieve Green Marine certification
Montreal-based Logistec Corporation and its U.S. Gulf Coast affiliate, Gulf Stream Marine (GSM), Inc. today announced the addition of five terminals in Texas that will be certified as part of the Green Marine Environmental Certification Program. GSM’s Corpus Christi, Manchester, Brownsville, Care and Freeport terminals in Texas will be joining Logistec’s 13 other Green Marine certified terminals in Canada and the U.S. The program sets objectives through 13 performance indicators.
Markham, Vaughan top spikes in home prices
The Royal LePage House Price Survey released today indicates that the aggregate price of a home in Canada increased 9.7 per cent year-over-year to $708,842 in the fourth quarter of 2020. During the fourth quarter, the aggregate price of a home in Markham increased $133,932 to $1,100,436, the highest dollar value increase in aggregate home prices. Markham was followed by Vaughan, which increased by $132,699 to $1,130,483; Burlington, which increased by $115,475 to $950,796; and Pickering, which increased by $110,905 to $856,725.
WeirFoulds assesses Ontario’s permitted construction projects
Lexology today reports that WeirFoulds LLP has published an overview of permitted construction activities in Ontario during the newly announced state of emergency. All unessential construction activities are required to stop throughout the duration of the state of emergency, or until the regulation is amended to change what construction activities may continue, explains the WeirFoulds blog.