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Construction of new Vic West condo towers begins - Vimarsana News

Construction of new Vic West condo towers begins

  VICTORIA -- Construction of three long-awaited concrete condo buildings in the Vic West area is now underway, according to development company Bosa Development. Ten acres of the 15-acre property, known as Dockside Green, were purchased three years ago by Bosa Development, which also owns the Fairmont Empress Hotel. The buildings will focus on sustainable construction and public amenities, according to the company. "Bosa will incorporate extensive indoor and outdoor amenities throughout the community, including a public plaza, scenic green waterway, park space, and dog park," said Bosa...

Dockside Green construction resumes with its first major residential towers since 2008 - Vimarsana News

Dockside Green construction resumes with its first major residential towers since 2008

“This is: ‘Hey, we are back to life,’ ” Dan Diebolt, company vice-president of development, said Thursday. Bosa bought the 10 undeveloped acres on the 15-acre site from Vancity Credit Union, through Dockside Green Ltd., in December 2017. Today it is setting in motion the first phase of its development plans at Dockside Green. The company also owns the Fairmont Empress Hotel. The Bosa lands will hold about one million square feet of buildable area in a range of building types when it is complete in 10-plus years, Diebolt said. Some buildings will be lower-heights while others will...

Despite slowed rent growth, developers keep building new San Diego apartments - Vimarsana News

Despite slowed rent growth, developers keep building new San Diego apartments

Print San Diego’s rent growth slowed in 2020 and all it took was a global pandemic. For the first time in roughly 10 years, rent prices did not go up for much of San Diego County — especially in the months directly following COVID-19 hitting the United States. Rents eventually stabilized but it wasn’t an eye-popping amount. The price of a one-bedroom apartment increased 2.9 percent in 12 months as of February, said rental website Zumper Landlords had more than just slowed rent growth to worry about in 2020. A patchwork of laws prevented eviction of tenants who had suffered income losse...

Mall Transformed into Class A Offices - Vimarsana News

Mall Transformed into Class A Offices

Photo courtesy of Bosa Development. Bosa Development has completed a $30 million renovation of the Paladion, a former glitzy shopping mall in downtown San Diego Bosa Development has finished transforming a downtown shopping mall that once sported such pricey shops as Tiffany & Cos, Gucci and Cartier into what the company says is an equally impressive office location... Take 1 minute to subscribe and you'll get this story immediately, plus: 52 weekly issues Book of Lists — the most comprehensive business resource in San Diego San Diego 500 — influential business leaders you...

Source: sdbj.com
RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ ... - Vimarsana News

RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ ... RioCan Real Estate Investment TrustDecember 23, 2020 GMT TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the completion of the sales of a portion of the air rights at The Well™ in Toronto and 5th & THIRD™ in Calgary. Combined, RioCan realized density value totalling approximately $45.4 million at RioCan...

Source: apnews.com