Evan Duggan

2 weeks ago | renxhomes.ca | Tyler Choi |Evan Duggan

Highstreet Village in Abbotsford, B.C., by developer AB Wall. (Courtesy AB Wall)The developer of a large residential community in Abbotsford, B.C. says nearly 80 per cent of the construction materials and installations for the project are being sourced locally or in Canada, a figure most others in the industry should be able to match. A series of tariffs instituted by the U.S. have gone into effect, with additional tariffs being threatened.

1 month ago | renx.ca | Steve McLean |Don Wilcox |Mario Toneguzzi |Evan Duggan

Vancouver-based Pavilion Cowork plans to open two new facilities in the coming months, including its first outside of its home city. The company plans to open in Calgary this fall. Pavilion is a sister company to Alabaster Homes, a boutique Vancouver homebuilder which has also recently branched out into purpose-built rental homes, condos and commercial. They are headed up by Alabaster president Herman Kwee.

1 month ago | renx.ca | Don Wilcox |Evan Duggan |Derek Lobo

Canadian Tire Corporation (CTC-A-T) has announced a four-year “transformative strategy” which involves $2 billion in investments in virtually all aspects of its business, and will result in store closures and realignments within several of its banners. Called True North, the strategy follows the conclusion of its former Better Connected strategy which was significantly truncated during the past few years by the pandemic and other economic considerations.

2 months ago | renx.ca | Evan Duggan |Don Wilcox |Tyler Choi |John Dujay

McCarthy Properties, a homegrown Burnaby developer, is working on plans to build one of the Lower Mainland’s tallest towers in Metrotown, a neighbourhood the company sees as the city’s downtown core and the geographic heart of the region. McCarthy has developed and owned commercial buildings in and around Burnaby for decades after its founder John Jambor immigrated to Burnaby (via Quebec) from Slovakia between the first and second world wars.

2 months ago | renx.ca | Evan Duggan |Steve McLean |Danny Kucharsky |John Dujay

Vancouver-based real estate developer Wesbild has thrown in the towel and sold a prime North Vancouver industrial property after eight years of attempting to get approval for redevelopment and intensification of the property. The 27.5-acre waterfront property at 1371 McKeen Ave. was sold to an unidentified "Canadian institutional investor" the company states in the announcement. It cannot identify the buyer, nor the purchase price due to confidentiality restrictions, a spokesperson told RENX.