Commercial Real Estate Roundup- #4

Many conversations I had with my clients this week were not about commercial real estate, BUT about the frigid weather each and every one of us is dealing with in the great white north!

However, there are many commercial real estate happenings that I want to share with my loyal clients!

-1 Bloor Street West New Condo Development: Canada’s First $1B Condo Tower.  This is going to be a phenominal development after all the planning and development is completed.  It will likely be approximately 80 stories high, seven levels of retail with a connection to the PATH.
1 Bloor West Plan: Canada’s First $1B Condo Tower

-Following a devastating fire that caused major damage to popular Sotto Sotto in Yorkville in late 2014, it has been confirmed that the restaurant will re-open a few doors away from its previous restaurant.
Sotto Sotto reopens just a gnocchi’s throw away from its original location

When we think of major shopping centres, we think of Yorkdale, West Edmonton Mall, The Mall of America….Major tourist attractions like Time Square, Central Park, Niagara Falls welcome millions upon millions visitors annually.  The Dubai Mall has once again been named the ‘world’s most-visited lifestyle destination’ welcoming over 80 million visitors in 2014.
The Dubai Mall is ‘the centre of world retail’ welcoming record 80 million visitors in 2014

-A Canadian real estate developer has had to stop construction on a  new Montreal office tower following concerns it may be an ancient aboriginal burial ground.
Montreal office tower site may be an aboriginal burial ground