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Content tagged with: Apartments

Toronto, other Cdn. cities eye Calgary's office-to-res conversions

Steve McLean Commercial Apartments Calgary Jan. 3 2024

Calgary is leading the office-to-residential conversion charge in North America through public policies and financial tools aimed at addressing commercial vacancy, housing affordability and climate change issues. Other major cities across the country are taking notice, including Toronto.

No quick fix for purpose-built rental shortage: Industry execs

Steve McLean Residential Apartments National Dec. 27 2023

Canada’s continuing inflow of immigrants, combined with an existing and growing housing shortage, has made the need for additional multifamily housing development more acute than ever. But despite some progress, significant challenges remain in catching up with demand.

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