Commercial Real Estate Roundup- #3

Interesting news from the world of commercial real estate!

– Plans have been released for the redevelopment of 1 Yonge Street (aka Toronto Star property).  It will include four residential towers, two office buildings and a hotel, with multiple levels of retail.
A Mixed-Use Mammoth For 1 Yonge

-Starbucks Canada planning to sell wine, beer and tapas by the end of 2015.
Over the last year, McDonalds, McCafé has bumped Starbucks to the third-largest coffee player in Canada leaving coffee sales flat.  As a result, Starbucks is planning to expand its menu which will likely lead to further expansion which is good for the commercial real estate industry.
Starbucks Canada to offer wine, beer and tapas by year’s end

-One of my interests is to look at the differences in the architectural design of buildings.  Here is a list of the 50 Most Innovative Buildings Of The Last Decade which I am sure you will find fascinating.
The 50 Most Innovative Buildings Of The Last Decade

– Canadians love to invest in real estate…recent stats show that they are the top investors in US real estate with New York being the top city for such investments.
Canadians still top investors in U.S. real estate

Enjoy your weekend!  Drive safely as Toronto is expecting snow…..