News | Mixed Use

October 15, 2025
Northcrest's massive Toronto airport conversion charts course for future
Toronto’s former Downsview Airport runway is preparing to head to its next phase as Northcrest Developments has named Michael Van Valkenburgh Associates to lead the design guidelines for the strip set to become the spine of YZD, one of the largest urban redevelopment projects in North America.
October 1, 2025
Imperial Oil reported to sell Calgary headquarters, lease back portion
Energy giant Imperial Oil plans to offload its Calgary office complex as it looks to cut costs by slashing 20% of its Canadian workforce, eliminating about 900 jobs, mostly in the city.
September 24, 2025
Ambitious apartment project pitched near SkyTrain station in East Vancouver
Real estate developer Sightline Properties filed plans for a major development project that could add nearly 2,000 multifamily units near the Renfrew SkyTrain station in East Vancouver at a time of increased rental development in the area.
September 3, 2025
Vancouver developers Bosa Properties and Chunghwa seek approvals to build 40‑storey apartment tower
A pair of Vancouver development firms, Bosa Properties and Chunghwa Investment (Canada), have filed an application to rezone 5978 Wilson Ave. in Burnaby’s Central Park District, seeking to redevelop the site as a 40‑storey apartment tower with 418 units. The new development would replace an existing 38‑unit, 1967-vintage building located near the Metrotown SkyTrain station and in the same block as Broadview, a new 295-unit rental building Bosa recently completed at 5980 Kathleen Ave.
August 28, 2025
Construction boss hired for one of North America's largest development projects
Northcrest Developments has appointed Beau Brooker to oversee construction at the $30 billion redevelopment of the 370-acre former Downsview Airport lands in Toronto, now known as YZD.
August 13, 2025
CoStar World News for Aug. 14
August 12, 2025
NHL's Senators finalize purchase agreement for Ottawa site to house new hockey arena
The Ottawa Senators hockey team is set to become the new owner of a development site in LeBreton Flats, a downtown property the team has long sought as the site of a future arena and mixed-use development.
August 10, 2025
Wave of stadium leases set to expire, spurring teams to threaten relocation
For the San Antonio Spurs, the Frost Bank Center, at least on paper, would appear to be a great home for the team. The Spurs have won four NBA titles in 22 years there, routinely selling out games with power players including Tim Duncan, Kawhi Leonard and Victor Wembanyama.
August 8, 2025
Edmonton developers adding amenities to increase appeal of office-to-residential conversions
North America’s northernmost large city is gaining a reputation for doing office-to-residential conversions in a unique style, as a pair of Edmonton office towers are being refigured in an unconventional manner.
August 4, 2025
CBRE appoints North America advisory leaders; Cresa grabs Newmark data center team; JLL names executive to grow stadium business
CBRE appoints North America advisory heads
July 11, 2025
Edmonton City Centre falls into receivership
Edmonton City Centre, a mixed-use complex with retail and office space, has been placed under receivership after its owners failed to keep up with loan payments.
June 25, 2025
CoStar World News for June 26
June 23, 2025
Small developer given big job of revamping Montreal landmark
For the second time this year, government authorities have selected a small Montreal real estate developer to take on the major task of building residential high-rises on a long-vacant historical property in the city center.
June 13, 2025
Grosvenor breaks ground on its largest mixed-use development in North America
Grosvenor has started the first phase of its six-tower Brentwood Block project in Burnaby, planned to be the London-based developer's largest mixed-use development in North America.
June 5, 2025
Vancouver approves plan to revitalize a downtown entertainment district
Vancouver leaders approved a plan to try to revitalize downtown’s faded stretch of Granville Street in the coming decades using aspects of the past development of New York City’s Times Square and Tokyo’s Shibuya Crossing as models.
April 30, 2025
Transit authorities aim to partner with developers in Montreal
A group tasked with selling advertisements to appear in buses and metro stations has seen its responsibilities expanded to also oversee construction projects, including the addition of 4,000 housing units on 13 sites along the five-station blue line extension now being built in Montreal.
April 29, 2025
Developers of The Wharf in DC sell stakes to Canadian financial partner
The developers of The Wharf sold their interests in the project to their Canadian investment partner in a transition for the high-profile Washington, D.C., mixed-use property.
April 11, 2025
Crombie REIT to sell off stake in Halifax developments
Crombie Real Estate Investment Trust, the real estate arm of one of Canada's largest grocery chains, has agreed to a joint venture that will see it sell a 50% stake in one of its mixed-use projects in Halifax.
April 9, 2025
More than 5,800 homes planned in expansion at Montreal shopping centre
Homes soon could replace parking spaces at the Place Versailles shopping centre in Montreal as part of a plan to add 6,000 residential units at the mall property. A retirement home, a hotel, retail outlets and green spaces also are in the works.
March 26, 2025
The Market at 70King revitalizes faded downtown Oshawa social hub in Canada's former 'Motor City'
It was once a centrepiece of the economy in a General Motors-dominated town east of Toronto, and the redevelopment of the hotel property in Oshawa has become part of the city's downtown revitalization story.

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