Toronto
Obsolete buildings will constitute up to 50 percent of all new housing in cities
The winners of the ULI Americas Awards for Excellence become finalists for the 2024 ULI Global Awards for Excellence, competing against projects from the Europe and Asia Pacific regions. The awards are open to projects and programs in the ULI Americas region that are substantially complete, financially viable, and in stable operation. The program evaluates submissions on overall excellence, including achievements in marketplace acceptance, design, planning, technology, amenities, economic impact, management, community engagement, innovation, and sustainability, among others.
Urban Land is spotlighting some trailblazing women in commercial real estate, all of whom are members of the ULI Women’s Leadership Initiative. Emma West, partner at Toronto-based Bousfields Inc., says it was the women who were part of the WLI Toronto Committee when she first joined who were instrumental in her professional development.
Uncertainty around asset prices likely to slow transactions.
Ten projects take advantage of financial tools that promote environmentally positive development
Ethnic and cultural diversity, combined with a reputation as a welcoming place for immigrants, has long been a strength of the Greater Toronto Area—and it has also influenced the city’s development, panelists cautioned at ULI’s 2023 Spring Meeting.
At the recent 2023 ULI Spring Meeting in Toronto, panelists noted that transaction volumes have dropped significantly with the slowing of lending and bank failures.
In the heart of Toronto, a revolution is unfolding underground. Beneath the bustling streets and towering skyscrapers, a network of pipes is tackling the climate crisis. The story of Toronto’s Deep Lake Water Cooling system and its potential to reshape the approach to sustainable development was told during a session at the ULI Spring Meeting in Toronto.
At a 2023 ULI Spring Meeting panel titled “View from the Top,” Tsering Yangki, executive vice president at Dream Unlimited, one of Canada’s leading real estate companies, with over $23 billion in assets across North America and Europe, spoke with WLI chair Ellen Klasson, managing director at RCLCO.
As the world struggles to deal with the threat posed by climate change, Toronto provides a template for how cities can dramatically reduce emissions at an urban scale, in a way that is sustainable from a business standpoint, according to panelists at the 2023 ULI Spring Meeting in Toronto.