Urban Toronto (Technology/Development tag) - Latest News and Information
Toronto’s Yorkdale Shopping Centre is witnessing a transformative shift as newly constructed residential towers begin to replace its sprawling surface parking lot. The first high‑rise redevelopment across the street marks the start of a broader trend toward high‑density, mixed‑use projects that will relocate cars into underground garages. This densification is expected to reshape traffic patterns, boost local retail foot traffic, and align the area with modern pedestrian‑oriented urban planning. The change reflects a city‑wide push to maximize land use in the Greater Golden Horseshoe.
UrbanToronto’s UTPro dashboard for March 18, 2026 shows a modest rise in both pre‑construction and under‑construction activity across the Greater Toronto‑Hamilton Area. The number of projects in pre‑construction climbed to 3,609, representing about 1.435 billion square feet of gross floor area,...
Toronto’s former Honest Ed's discount store is being transformed into Mirvish Village, a mixed‑use development that combines rental apartments with ground‑level retail. Over the past few months, the residential suites have begun to open, while storefronts are still being fitted...
Canada’s federal government has enacted Bill C-4, launching a GST rebate for first‑time buyers of newly built homes. Eligible purchasers receive a full GST refund on properties priced up to $1 million and a partial refund on homes between $1 million and...
Toronto’s rental market continued its decline in February, with average asking rents slipping to $2,030 for the 17th month in a row, a trend analysts attribute to broader affordability constraints beyond simple supply‑and‑demand dynamics. Meanwhile, Premier Doug Ford is weighing...
The Building Industry and Land Development Association (BILD) announced its 2026 Board leadership slate, naming Jason Sheldon of Remington Group as Chair and Remo Agostino of The Daniels Corporation as Vice Chair. Cheryl Shindruk of Geranium will stay on as...
Toronto developers are moving geothermal from a niche experiment to a portfolio‑wide standard, driven by stricter carbon regulations and institutional demand for low‑emission assets. Diverso Energy’s Energy‑as‑a‑Service (EaaS) model lets developers avoid upfront capital by leasing and operating geothermal systems...
UrbanToronto is kicking off a free 2026 webinar series focused on the Greater Toronto Area construction market, with the first session scheduled for February 25. The inaugural webinar, titled "Exploring the State of Construction in the Toronto Region," will feature...
