Can high-rise farms save Calgary's office real estate sector?
City official says permits for conversions of office to indoor farm will be fast-tracked
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City official says permits for conversions of office to indoor farm will be fast-tracked
Developments with close proximity to work aim to make residents less car dependent
Damage from COVID-19 eludes property insurance coverage Christina Varga Published May 4, 2021 CHANSOM PANTIP/iStockPhoto / Getty Images Insurance exists to cover some of the risk for commercial property owners, managers and tenants, yet most policy holders are finding that the insurance they do have does not cover them from damage caused by the COVID-19 pandemic. Class-action lawsuits have been launched against insurers in Canada and abroad, mainly to seek business interruption payouts because of forced closings, which insurers maintain is not covered in most plans. While observers wait fo...
The Globe and Mail Wallace Immen Published April 13, 2021 Tom Arban/Handout The St. Clair Centre in Toronto’s midtown was an elegant design when it was built 50 years ago, but it had become cluttered and drafty as scores of different tenants made alterations to the building over the years. “Inside, only 50 per cent of the building could be leased to tenants. The rest of it had become corridors, storage and unusable space,” says Steven Paynter, principal at Gensler, a global architecture and design firm, which did a total rethink of the building at Yonge and St. Clair inside and recla...
The Globe and Mail WALLACE IMMEN Published March 16, 2021 Slate Asset Management/Handout In launching the redevelopment of a pair of office towers in Burnaby, B.C., Slate Asset Management is promoting added amenities, including a fitness centre and outdoor terraces between the two buildings, as attractions designed to entice employees back to the office. With renovations set to begin in July, more than 10 per cent of the Capital Point complex at 4330 Kingsway Ave. in Burnaby’s Metrotown will be devoted to tenant amenities such as a double-height lobby in a shared podium at the base of th...