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First Notice: CHMC sees housing start decline; Athens Group develops Florida property; Centerport exit closed for construction

DCN-JOC News Services
First Notice: CHMC sees housing start decline; Athens Group develops Florida property; Centerport exit closed for construction

 

Toronto resists national trend in housing starts

The Canada Mortgage and Housing Corporation reported today that the trend in housing starts was 271,068 units in September 2021, down from 284,757 units in August 2021. The trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. Single-detached and multi-family SAAR starts were both lower in Canada’s urban areas in September, which led to a decline in overall SAAR starts for the month. But Toronto and Montreal both registered growth in total SAAR starts in September.

Athens Group to redevelop Naples Beach property

The Athens Group and MSD Partners announced today that they have acquired the former Naples Beach Hotel and Golf Club in Naples, Fla. with plans to redevelop the site into the Naples Beach Club, a 125-acre resort and residential beachfront development. The community will include a 216-room hotel managed by Four Seasons Hotels and Resorts, up to 185 luxury residences and new club amenities.

Manitoba Infrastructure closes Centreport exit for nighttime construction

Manitoba Infrastructure reports temporary nighttime closures of westbound Provincial Trunk Highway (PTH) 190 (CentrePort Canada Way) to northbound PTH 101 (North Perimeter Highway) for roadway maintenance in Winnipeg, MAN.  The first closure to Exit 45 PTH 101 northbound will be Monday, Oct. 18, at 6 p.m. until 6 a.m., continuing nightly with the same schedule until the final closure Oct. 22 from 6 p.m. to 6 a.m. Manitoba Infrastructure will update impacts to traffic through the Manitoba 511 information system at  www.manitoba511.ca/en/index.html.

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