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  1. CIBC on St Jacques moved into Quebecor-Videotron and now RBC on St Jacques is planning on moving into the "Stock Exchange Tower" near Square Victoria in 2012. I am quite surprised to get a letter from RBC this morning saying they were moving. It was such a wonderful location. I guess the rent was getting to high for them. Seeing in the letter, they were only occupying about 20% of the building now. Interesting thing is about the RBC building, its owned and managed by a company that operates out of Halifax, but the head guy runs a business in New York called "Time Equities Inc". The company in Halifax is called "360 St Jacques Nova Scotia Inc" or something like that. Whats more interesting is, the head office is in a building called "Bank of Montreal Tower". One of the owners/members/chairs part of "360 St Jacques Nova Scotia" is Montreal's own George Coulombe that over sees 360 St Jacques (RBC building) here in Montreal. One thing that was interesting in the letter was that RBC actually sold the building back in the 60s. Anyways I just wonder who will take up the space at CIBC and RBC now.
  2. Read more: http://www.montrealgazette.com/School+crashes+into+building+Penfield/3099570/story.html#ixzz0pfhIUE1k Just another reason why cyclists should be forced to abide by the exact same laws as drivers. What if someone had been killed?
  3. Published On Wed May 26 2010 Noor Javed The artistic pieces have graced the homes of Mughal emperors, adorned the gardens of Persian palaces and educated the masses of the Muslim world. Soon, over 1,000 years of Islamic art and culture will find a permanent home in Toronto. The groundbreaking for the Aga Khan Museum, the first in North America solely devoted to Islamic art, will take place on Friday near Don Mills Rd. and Eglinton Ave. E. The museum will be built alongside an Ismaili centre and park on a 7-hectare site at 49 Wynford Dr. More than 1,000 Islamic artifacts from China to the Iberian Peninsula will be showcased — with 200 on permanent display — when the museum opens in 2013. The pieces, which come from the collection of the Aga Khan family, already have more air miles than most Canadians. They have been featured in museums around the world from London to Madrid. Before they settle in Toronto, they will be exhibited in Istanbul and five other cities in the Muslim world. The Aga Khan, spiritual leader of the Shia Ismaili Muslims, will arrive Friday to put a shovel in the ground and give his blessings to the $300 million project “While some North American museums have significant collections of Muslim art, there is no institution devoted to Islamic art,” he said. “In building the museum in Toronto, we intend to introduce a new actor to the North American art scene. Its fundamental aim will be an educational one, to actively promote knowledge of Islamic arts and culture.” The 10,000-square-foot building will be designed by Japanese architect Fumihiko Maki, who is also working on the expansion of the United Nations building and Tower 4 at the former World Trade Center site. “This project will help to bridge the clash of ignorance,” said Amyn Sayani, a volunteer with the Ismaili Council for Canada. “This is very much an opportunity for people to dialogue and to bridge different cultures and faiths.” A sampling of the art coming to town: Manuscript of the Canon of Medicine by Ibn Sina, Iran or Mesopotamia, c. 1052: This manuscript is considered to be one of the most important collections of medieval medical knowledge in the Islamic world. It was used in the 12th and 13th centuries by medical schools in Europe, almost until the beginning of modern times. The document to be displayed is the fifth book, focusing on drugs and pharmacy. • Emerald green bottle, Iran, Safavid dynasty, 17th century: The Islamic world, mainly due to proximity, has always had close ties to the Chinese world. This bottle was made to imitate Chinese ceramics, in both colour and appearance. • Portrait of Sultan Selim, Turkey, c. 1570: A large album portrait done in watercolour, ink and gold of Sultan Selim II. It was his father, Sultan Süleyman the Magnificent, who solidified the geographical borders of the Ottoman Empire. Selim was better known for enjoying finer pleasures such as literature, art and wine. Here, he shown by the painter as larger than life, in a luxurious fur-lined and gold garment. • Standard (alam), Iran, 16th century: Made of steel, standards usually decorated bowls used as drinking vessels or food containers for wandering ascetics. This pear-shaped standard contains an inscription which can be read from different angles. The text from top to bottom says: “Ya Allah, ya Muhammad, ya ‘Ali” (“O God, O Muhammad, O Ali).
  4. Broccolini wins two tenders for LEED Gold office towers from the federal government Canada NewsWire MONTREAL, May 7 MONTREAL, May 7 /CNW Telbec/ - Broccolini, a recognized leader in the Canadian construction industry for over sixty years, has recently won two major tenders from the federal government to construct two LEED® Gold office towers, with work slated to begin in late summer. The firm has been awarded the contract to design, develop and build these towers totalling more than 900,000 rentable sq. ft. of Class A office space for the Department of Public Works and Government Services Canada (PWGSC) in Gatineau, Quebec. Having successfully developed TELUS House, a 9-storey, Class A, 160,000 sq. ft. LEED® Silver certified office building in Ottawa, and with Export Development Canada's (EDC) 575,000 sq. ft. headquarters under construction, the new mandates confirm Broccolini's significant position in development and construction in the National Capital area. The new buildings will provide space for federal government departments and organizations and will attain LEED® Gold certification. This represents the tenth time that Broccolini will have delivered a LEED® certified project to the marketplace. "We are very proud to have won the mandate for these groundbreaking projects," said Anthony Broccolini, Managing Director at Broccolini. "We believe it reflects our reputation for strong development and construction capabilities, as well as the quality of the work we've previously undertaken in the Ottawa market." The 12-storey, 484,000 sq. ft. office tower, located on Carrière Boulevard in Gatineau, features architecture promoting a healthy balance between efficient planning and the preservation and restoration of natural green space. It will enhance the site's attractions, taking advantage of the extensive mature tree coverage and superb view overlooking Lac Leamy. The building's timeless architecture and cutting-edge technology will be an eye-catching reflection of Broccolini's environmental commitment, as well as its ongoing concern for the quality of its developments. The second building, a 15-storey, 690,000 sq. ft office tower, will overlook Promenade du Portage Street in the heart of downtown Gatineau, adjacent to the PWGSC's existing premises. With architecture combining heritage features and high-tech efficiency, its design will allow the building to optimize the usage of space while restoring and improving a significant element of the city's urban fabric, at the same time incorporating PWGSC's existing facilities. The know-how, experience and passion for development and construction, cornerstones of the company's success, were no doubt major factors in the decision to award the mandate to the firm. With a pristine litigation record and an enviable reputation for integrity, quality of work and flexibility, Broccolini has demonstrated its ability to deliver similar signature properties to the market. "We have major experience in a wide range of projects from office buildings and manufacturing facilities to big box stores and industrial complexes," explained Mr. Broccolini. "Our team is enthusiastic and welcomes the challenges of delivering these exciting and demanding projects on time and on budget."
  5. Et je déteste encore plus le Palais de justice. ************************ ************************ Source : guil3433 sur flickr
  6. I noticed that this building is under going major renovations, anyone know what's going on?
  7. CFurtado

    Condo buffet

    Les projects Altoria et Waldorf Astoria Hotel sont mentionne dans cette article,que j'ai trouver tres interessante. MONTREAL – On the gutted eighth storey of the Ritz-Carlton Hotel, Andrew Torriani walks across white marble floors turned grey from dust. But despite the renovations under way, Torriani, president and CEO of the historic Ritz-Carlton Montreal, can imagine the hardwood floors, glass walls and marble finishes to come. After being delayed a year, and suffering $30 million in extra costs, he says, the Ritz's über-luxury residence and 130-room hotel project - when complete - will stand above the city's array of existing high-end condominiums. "It's the details - details you wouldn't have believed existed," Torriani said while touting the benefits of Ritz ownership to a reporter this week. The Ritz's 46-unit residence - to open about winter 2011 - follows the injection of nearly 280 other high-end condo units into the city since 2007. Plus, Monit Investments insists its plans for a $200-million downtown Waldorf Astoria Hotel & Residence, with 100 condos and 225 hotel rooms, will go ahead near the corner of Sherbrooke and Guy Sts. These condos, which can cost millions of dollars per apartment, are developers' response to a robust market, aging demographics and rock-bottom interest rates that have incited buyers to upgrade their homes. Some hail the trend as a boon for Montreal as it lures the elite back to the city. Former SNC-Lavalin Group Inc. CEO Guy Saint-Pierre bought one downtown, while Bombardier Inc. Chairman Laurent Beaudoin was considering a condo at the posh Sir George Simpson. But several real estate agents, brokers and developers interviewed by The Gazette question how many luxury condos Montreal can sustain above the key $500 a square foot price point. "We really believe there is a limit in Montreal to the sale of condos over $500,000," said Richard Hylands, president of Kevric Real Estate Corp. which is building the more modest 115-condo Altoria project near Old Montreal. "Basically we're offering a very good product. We're not selling indoor golf or an indoor theatre. The people we are selling to want quality but not high condo fees." Real estate observers say the proof is in the for-sale signs. Despite offering striking views, private terrasses and hotel-style amenities, half of the 10 penthouses at Le Roc Fleuri on Drummond St. are empty - even though most of the 140-unit building is sold out. Meanwhile, five of the 31 condos at the Sir George Simpson building are for sale. Since late 2008, the Ritz project has sold 17 of its 46 units. "I think there is an over-supply of high-end condos in Montreal," said Pierre Laliberté, a specialist in condos with the real estate consulting firm Altus Group Ltd. "When you try to sell a condo for $1 million for more, there aren't a lot of buyers." Veteran real estate agent, JJ Jacobs, president of JJ Jacobs Realty Inc., agreed: "The $1,000 a square foot market is a high market for Montreal," she said. "There have been some very big sales, but it's only so deep. "Personally I don't know how many more the city can hold." Condo prices haven't dropped, however, because Montreal developers tend to have deep enough pockets to absorb the cost of the empty units, Laliberté said. Recently, Montreal's high-end condo market has exploded with a handful of new buildings going up between 2006 and last year. Many were bought by aging empty nesters eager to exchange their houses for the convenience of a condo. "There's going to be a portion of those buyers who are going to enjoy the downtown and they have the resources to do it," said Alan Marcovitz, president and chairman of the Westcliff Group of Companies, which built the sold-out Beaux arts condominiums on Sherbrooke St. Even during a time of economic crisis, Montreal's resilient real estate market coupled with low interest rates, also motivated third and fourth time buyers to upgrade, Marcovitz said. And with the economy improving, demand hasn't dwindled despite plans to slowly raise interest rates, he said. "Your typical buyer is in a significantly better position today than a year ago." But most developers agree that few buyers of ultra high-end condos worry about interest rates. "The challenge is finding the right buyers," said Daniel Lalonde, sales and marketing director for Le Roc Fleuri. "We have a limited pool." In Montreal, wealthy buyers have a wide choice of homes - either condos or houses. "They (high-end condos) sell, but you must really satisfy the buyers and this is a very discriminating clientèle," said Normand Lépine, vice-president of Groupe Lépine, which built Sir George Simpson, among other high-end buildings. "The developer shouldn't under-estimate the amount of effort required. You must really have the right project." Among the basics, high-end condo buildings feature a 24-hour doorman, indoor pool, and spa or massage room. Residents of the Ritz, the Crystal de la Montagne, and the Roc Fleuri's penthouses, have the added option of ordering in room service, getting their dry cleaning delivered, or even having a light bulb changed. The Ritz project - which will cost up to $150 million including key indirect expenses - offers residents a private concierge. It also has a back-up power system able to run the building at virtually full capacity in the event of a electricity failure, said Torriani, whose Monaco Luxury Hotel Management Co. is a risk-sharing partner in the Ritz project. But sales at the Ritz - which closed as a hotel in 2008 - started slowly as the recession discouraged prospective customers. Both the Roc Fleuri and the Ritz have attracted a significant number of foreigners - and these buyers feared for their stock portfolios and the future of Montreal's real estate market. "They postponed their plans," said the Roc Fleuri's Lalonde. "It reduced the amount of visits I got from out of town buyers." Faced with the recession and unexpected construction problems - workers discovered asbestos deep within the Ritz's walls - Torriani decided to revamp his plans on a more grandiose scale. To boost sales he brought in Liza Kaufman, a star real estate agent and managing director of Sotheby's International Realty Québec. While 2009 started off slowly, Kaufman said business at the Ritz has picked up. "If the building was already constructed I would have sold out yesterday," she said. Kaufman, who has sold countless multi-million dollar homes said Montreal is more attractive to foreign buyers than locals realize. "I think the market is evolving," she said. "We have to understand that our city has a lot to offer." Torriani said he isn't worried about a lack of local buyers with the financial means to live at the Ritz, which has an 8,000 square foot penthouse listed for $12 million. Indeed, Torriani left his job as Air Canada's director of human resources, to run the Ritz, where he once worked summer jobs as a dishwasher and waiter. His family, including veteran hotelier Marco Torriani, has a vast stake in the project's success. Before leaving the Ritz's construction site this week, Torriani passes by a swathe of blue and cream brocade wallpaper and wood panelling outside the 98-year-old hotel's former boardroom. The room, along with the hotel's façade will be preserved - vestiges of the Ritz's opening in 1912, when the city was booming and its status as "the Paris of North America" wasn't yet a cliché. Torriani insists that today's economic climate - including the success of the Cirque du Soleil and "Quebec Inc." companies - is equally ripe for the Ritz's reopening, both as a high-end hotel and as a residence. "I think we've seen a resurgence in the last five years or so," he said. "Montreal has a lot more wealthy people than you would expect." alampert@ thegazette.canwest.com Join Allison Lampert at our blog Inc. Ink for a tour of the Roc Fleuri's most expensive condo and see what $9.5 million will buy. http://www.montrealgazette.com/story_print.html?id=2759239&sponsor=
  8. Read more: http://www.montrealgazette.com/news/Vandals+cars+police+station/2680065/story.html#ixzz0i5JPjUnX My question is: Why the hell do cops keep allowing this kind of thing to happen? We all know most crimes take place at night, do they close up at 9PM or something? Police stations should be open 24 hours a day!
  9. Historic Ogilvy's building could fetch $100M Groupe Devimco in negotiations to purchase Montreal landmark By Robert Gibbens, The GazetteJanuary 26, 2010 7:29 "Spoonman" Cyrille Esteve performs outside the landmark Ogilvy's building in Montreal. Le Groupe Devimco is reportedly in talks to buy the building for about $100 million.Photograph by: Phil Carpenter, The GazetteMONTREAL – The landmark Ogilvy's building on Ste. Catherine St. will probably be sold for about $100 million to Le Groupe Devimco, one of the backers of the big Quartier Dix30 lifestyle centre in Brossard, and partners. Toronto property developer David Jubb, owner of Pyxis Real Estate Equities, bought the Ogilvy's building from the Standard Life Assurance Co. of Canada in May 2000 for $50 million. His office said he was "out of the country" and unavailable for comment. Devimco president Jean-Francoisn Breton also was not available for comment. But Ogilvy's president Bernard Pare confirmed that sale negotiations are well advanced and in the due diligence stage, though "it's not yet a done deal." Some reports said a trust controlled by the Beaudoin and Bombardier families may be a partner in the Ogilvy's deal. It was one of the original investors in Quartier Dix30 along with a large Toronto-based property trust and two pension funds. Founded in 1866 by James A. Ogilvy at the northwest corner of St. Catherine and de la Montagne, the store was acquired in 1927 for the "modest sum" of $38,500 by James Aird Nesbitt, whose father had founded the brokerage firm of Nesbitt Thompson in Montreal, and was expanded into a full-size department store. A major overhaul in 1986 moved it upscale with 60 individual boutiques, including several leading luxury brands. It kept the famed bohemian crystal chandelier on the ground floor and the bagpiper. Jubb, who owns other commercial properties in Montreal, Toronto and Vancouver, made further improvements, including a new air-conditioning system.
  10. The Grand Trunk Railway's Bonaventure Station in the 1870s. The station structure roughly corresponded with Chaboillez Square in Downtown Montreal. This building was destroyed by a fire in 1916. Source et texte entier : http://en.wikipedia.org/wiki/Bonaventure_Station
  11. Selon un communiqué de presse du CTBUH: Je ne sais combien de mètres de plus ça donne au 1000 de la Gauchetière, il faudra envoyer quelqu'un mesurer
  12. Voici quelques photos prise lors de ma visite fin août début septembre 2009 à Tokyo et à la ville de Saigon (Ho Chi Minh) au Vietnam. Tokyo: Saigon en pleine croissance: Aucune NIMBY pour bloquer ce projet la: Tallest building in Vietnam in 2010: Tallest building in Vietnam in 2010 (Rendering):
  13. Going to spend a few days iin Toronto soon. I need recommandations on a good downtown hotel............in the 4 star range.............well situated downtown....good view...tall building....good price.
  14. peluche

    Blunting excess

    Architect Koolhaas sees economic woes blunting excess SEOUL (Reuters Life!) – Architect Rem Koolhaas, renowned for his striking designs and musings on cities, believes the global economic downturn will lead to less ostentatious, more "socially responsible" buildings that better serve the public. The Dutch architect, whose firm designed the gravity-defying CCTV Headquarters in Beijing, Casa de Musica in Portugal and the Seattle Central Library, said more emphasis will now be placed on the efficient use of space during these lean times. "The last 10 years have been noteworthy for the excess in the private sector," Koolhaas told Reuters at the opening of a sleek temporary exhibit hall he and his Office for Metropolitan Architecture designed for fashion house Prada in Seoul. "What we are going to see is a return to the public sector. This is a healthy thing," he said on Wednesday. The Prada Transformer structure, located next to an ancient palace in central Seoul, will open on Saturday with a fashion display. The tetrahedron-shaped steel building, covered in a translucent white skin, is designed to be lifted by cranes and rotated so that it can best use each of its differently designed sides to show movies, host fashion shows or hold art exhibits. Koolhaas said the building provides a bit of lightness -- constructed at a reasonable costs -- that is needed during an economic downturn. Prada would not provide the amount it paid to construct the building. (Editing by Miral Fahmy)
  15. World's Most Stunning City Skylines 13 Greatest urban silhouettes Forbes Traveler.Com What makes a skyline great? It has to be more than merely memorable, it must have some exceptional characteristics: It not only should be instantly recognizable but, from the traveler’s perspective particularly, it should be an enticing view of great buildings and monuments. If it’s really special, you want to be a part of it. So we’ve asked a group of star architects to help us make the choices. See our slideshow of World's Most Stunning City Skylines. It’s no surprise that New York’s skyline is mentioned the most often—and this despite the dolorous replacement of the Twin Towers with Ground Zero. A single iconic building can make a skyline stand out, as can geography, and New York City is a case study for both. According to Peter Stamberg and Paul Aferiat, partners in Stamberg Aferiat Architecture in New York, the city’s great skyline “is partly a result of Manhattan being a long narrow island, maximizing the impact. And the agglomeration of New York skyscrapers has as its centerpiece the Empire State Building, which is such an iconic romantic building, and through the accidents of economics and zoning, it stands alone.” They architects also cite Chicago as a city of great architectural monuments and major iconic skyscrapers like the Sears Tower. But while the great race for height in which Chicago and New York were longtime contestants has largely shifted overseas, the vertical element in skylines still figures prominently across the board. “The image of a city in the 21st century still depends on the skyscraper idea,” says Andres Lepik, architecture and design curator at The Museum of Modern Art in New York City and author of the book Skyscrapers. “City governments know that the economy is pushing forward to gave high-rise buildings in city centers.” Examples? Lepik says London and Frankfurt are standouts. Still, high-rises are not a prerequisite for a great skyline. “City skylines aren’t necessarily defined by skyscrapers,” say Aferiat and Stamberg. “There’s Sydney with its Opera House, for example, which defines the city, St. Louis with the arch,” they add, “and Seattle has the Space Needle.” For that matter, we’ll always have Paris, which thanks to its concentration of historic slate gray-roofed six and seven-story buildings, many of which date from the mid-19th century and before, has a remarkably uniform and distinct skyline. Most architects would agree that a great skyline takes time to develop. “A skyline is something that comes up and comes together and somehow it’s unplanned,” Lepik says. “If you go to Shanghai right now, there are hundreds of skycrapers but they don’t form any really beautiful skyline,” he adds. By contrast, he says, “New York had a certain slow development, which sped up in the 1920s and ‘30s with the Art Deco skyscrapers such as the Chrysler Building and Empire State—but it took 30 years to get the coherent skyline.” What of a future-forward city like Dubai? “I wouldn’t call Dubai’s skyline beautiful,” says Lepik, “because it has grown too fast, without a general idea of what they’re trying to achieve.” But if there is beauty in boldness, Dubai has an incontestably sensational skyline in progress: It started with the erection of the 1,053-foot-tall Burj al Arab Hotel in 1999, a “seven-star” hotel on an artificial island and complete with helicopter landing pad. And soon it will have the tallest skyscraper in the world: the 1,900-foot Burj Dubai tower. Financial crisis or not, more brash towers are in the works for the desert sheikdom. It’s hard to beat Asian tigers like Hong Kong for urban audacity, but our round-up of great skylines holds some surprises, such as… Pittsburgh? Indeed. The city is “right at the intersection of three fairly large rivers, and you approach it through a mountain tunnel, so you arrive completely deprived of a view—and then you’re on a bridge looking at the city,” say Stamberg and Aferiat. “It’s very beautifully proportioned the way it starts fairly low at the river and then climbs to the U.S. Steel building, which is the tallest one there.” As for Europe, it’s not just about historical aesthetics—modernity is moving in. In his book on skyscrapers, Lepik features two Frankfurt towers, one designed by Norman Foster. Cities like London and Paris increasingly represent a mixture of old and new in which traditional icons mingle memorably with new visions of star architects like Jean Nouvel and Renzo Piano. By accident or by design, the result is urban landscapes even more compelling for today’s travelers to discover and explore.
  16. Urban areas see revival in housing construction http://www.usatoday.com/money/economy/housing/2009-03-10-urban-construction_N.htm?csp=34
  17. Obama : "The days where we’re just building sprawl forever, those days are over" President Obama was back on the road today to garner support for the economic stimulus package that passed the Senate early Tuesday morning. He was speaking today at a town hall forum in Ft. Myers, Florida, and near the end of his hour-long session, a city councilwoman asked him about transportation and infrastructure in the stimulus. Here’s how he responded: It’s imagining new transportation systems. I’d like to see high speed rail where it can be constructed. I would like for us to invest in mass transit because potentially that’s energy efficient. And I think people are a lot more open now to thinking regionally… The days where we’re just building sprawl forever, those days are over. I think that Republicans, Democrats, everybody… recognizes that’s not a smart way to design communities. So we should be using this money to help spur this sort of innovative thinking when it comes to transportation. That will make a big difference. Watch the full session from C-SPAN here. The section begins at around the 55 minute mark. If we can track it down, check back with us later for a more detailed transcript. One way to ensure that we’re not throwing stimulus money into something whose “days are over” would be to ensure that highway funding in the stimulus goes first to reduce the massive backlog of desperately needed maintenance and repair before building new roads and highways. Which would steer funding into projects that can be bid quickly, will create more jobs than new construction, and won’t come with the hidden cost of future maintenance like new construction does. Another smart use of stimulus money would be making sure that the bill maintains the House’s funding level of $12 billion for public transportation. Look back here in the next day or two for more detailed information on weighing in and taking action while the bill is in conference committee. We’ll have a full breakdown of the differences between the two bills and which areas in each version should be supported. Click through to see the full transcript, albeit with possible inaccuracies until we get an official one. Thanks to Jay Blazek Crossley of Houston Tomorrow for sending it over. Speaker: I am now an elected official myself. I serve on the City Council in ? Springs, Florida. My mayor is here as well. Cities throughout Florida are having a difficult time because of the mortgage crisis. Growth has slowed. We fund our transportation infrastructure needs through impact fees. Now that we’re not getting that, we’re falling behind in our ability to keep up with road work, municipal water projects, being able to bring solar panels down here to an inland port. We need commuter rail. We need lots of things for infrastructure in this state. If we ran out of oil today, we would not be able to move in this state, to get around. And I hope that you turn that thing around in the Gulf, we don’t want to drill for oil in the Gulf. We’ve got a beautiful pristine state, so I am asking you, how will we get our state going again in transportation? I’m very worried about our dependence on foreign oil and I don’t want to drill in our Gulf. I want some commuter rail and I want to improve our transportation. President Obama: Well, We have targeted billions of dollars at infrastructure spending and states all across the country are going through what Florida’s going through. there was a study done by the American Association of Engineers - that might not be the exact title, engineers from all across the country. We get a D for infrastructure all across the country. We saw what happened in Minneapolis where a bridge collapsed and resulted in tragedy. Not only do we need to rebuild our roads, our bridges, our ports, our levies, our damns, but we also have to plan for the future. This is the same example of turning crisis into opportunity. This should be a wake up call for us. You go to Shanghai, China right now and they’ve got high speed rail that puts our rail to shame. They’ve got ports that are state of the art. Their airports are you know compared to the airports that we - you go through beijing airport and you compare that to miami airport? Now, look, this is America. We always had the best infrastructure. We were always willing to invest in the future. Governor Crist mentioned Abraham Lincoln. In the middle of the Civil War, in the midst of all this danger and peril, what did he do? He helped move the intercontinental railroad. He helped start land grant colleges. He understood that even when you’re in the middle of crisis, you’ve got to keep your eye on the future. So transportation is not just fixing our old transportation systems but its also imaging new transportation systems. That’s why I’d like to see high speed rail where it can be constructed. That’s why I would like to invest in mass transit because potentially that’s energy efficient and I think people are alot more open now to thinking regionally in terms of how we plan our transportation infrastructure. The days where we’re just building sprawl forever, those days are over. I think that Republicans, Democrats, everybody recognizes that that’s not a smart way to build communities. So we should be using this money to help spur this kind of innovative thinking when it comes to transportation. That will make a big difference. http://t4america.org/blog/archives/661
  18. Building permits fall for third month Canwest News ServiceFebruary 5, 2009 9:01 AM OTTAWA—The value of Canadian building permits fell in December for a third straight month as a slowdown in the economy continued to temper construction activity in both residential and non-residential sectors. Statistic Canada said Thursday that municipalities issued $4.6 billion worth of permits during the month, a decline of 3.9 per cent from November. Residential permits were down 3.2 per cent to $2.6 billion in December, marking the ninth monthly drop in 2008. “Increases in multi-family permits in Ontario were not enough to offset the declines in single-family permits in Ontario, Alberta and British Columbia,”the federal agency said. The value non-residential permits fell 4.9 per cent to $2 billion, the third straight monthly decline. This drop was mainly in institutional permits in Alberta and commercial permits in British Columbia, the agency said. Construction permits declined in five provinces and all three territories in December, it said.
  19. Downturn Ends Building Boom in New York Charles Blaichman, at an unfinished tower at West 14th Street, is struggling to finance three proposed hotels by the High Line. NYtimes By CHRISTINE HAUGHNEY Published: January 07, 2009 Nearly $5 billion in development projects in New York City have been delayed or canceled because of the economic crisis, an extraordinary body blow to an industry that last year provided 130,000 unionized jobs, according to numbers tracked by a local trade group. The setbacks for development — perhaps the single greatest economic force in the city over the last two decades — are likely to mean, in the words of one researcher, that the landscape of New York will be virtually unchanged for two years. “There’s no way to finance a project,” said the researcher, Stephen R. Blank of the Urban Land Institute, a nonprofit group. Charles Blaichman is not about to argue with that assessment. Looking south from the eighth floor of a half-finished office tower on 14th Street on a recent day, Mr. Blaichman pointed to buildings he had developed in the meatpacking district. But when he turned north to the blocks along the High Line, once among the most sought-after areas for development, he surveyed a landscape of frustration: the planned sites of three luxury hotels, all stalled by recession. Several indicators show that developers nationwide have also been affected by the tighter lending markets. The growth rate for construction and land development loans shrunk drastically this year — to 0.08 percent through September, compared with 11.3 percent for all of 2007 and 25.7 percent in 2006, according to data tracked by the Federal Deposit Insurance Corporation. And developers who have loans are missing payments. The percentage of loans in default nationwide jumped to 7.3 percent through September 2008, compared with 1 percent in 2007, according to data tracked by Reis Inc., a New York-based real estate research company. New York’s development world is rife with such stories as developers who have been busy for years are killing projects or scrambling to avoid default because of the credit crunch. Mr. Blaichman, who has built two dozen projects in the past 20 years, is struggling to borrow money: $370 million for the three hotels, which include a venture with Jay-Z, the hip-hop mogul. A year ago, it would have seemed a reasonable amount for Mr. Blaichman. Not now. “Even the banks who want to give us money can’t,” he said. The long-term impact is potentially immense, experts said. Construction generated more than $30 billion in economic activity in New York last year, said Louis J. Coletti, the chief executive of the Building Trades Employers’ Association. The $5 billion in canceled or delayed projects tracked by Mr. Coletti’s association include all types of construction: luxury high-rise buildings, office renovations for major banks and new hospital wings. Mr. Coletti’s association, which represents 27 contractor groups, is talking to the trade unions about accepting wage cuts or freezes. So far there is no deal. Not surprisingly, unemployment in the construction industry is soaring: in October, it was up by more than 50 percent from the same period last year, labor statistics show. Experience does not seem to matter. Over the past 15 years, Josh Guberman, 48, developed 28 condo buildings in Brooklyn and Manhattan, many of them purchased by well-paid bankers. He is cutting back to one project in 2009. Donald Capoccia, 53, who has built roughly 4,500 condos and moderate-income housing units in all five boroughs, took the day after Thanksgiving off, for the first time in 20 years, because business was so slow. He is shifting his attention to projects like housing for the elderly on Staten Island, which the government seems willing to finance. Some of their better known and even wealthier counterparts are facing the same problems. In August, Deutsche Bank started foreclosure proceedings against William S. Macklowe over his planned project at the former Drake Hotel on Park Avenue. Kent M. Swig, Mr. Macklowe’s brother-in-law, recently shut down the sales office for a condo tower planned for 25 Broad Street after his lender, Lehman Brothers, declared bankruptcy in September. Several commercial and residential brokers said they were spending nearly half their days advising developers who are trying to find new uses for sites they fear will not be profitable. “That rug has been pulled out from under their feet,” said David Johnson, a real estate broker with Eastern Consolidated who was involved with selling the site for the proposed hotel to Mr. Blaichman, Jay-Z and their business partners for $66 million, which included the property and adjoining air rights. Mr. Johnson said that because many banks are not lending, the only option for many developers is to take on debt from less traditional lenders like foreign investors or private equity firms that charge interest rates as high as 20 percent. That doesn’t mean that all construction in New York will grind to a halt immediately. Mr. Guberman is moving forward with one condo tower at 87th Street and Broadway that awaits approval for a loan; he expects it will attract buyers even in a slowing economy. Mr. Capoccia is trying to finish selling units at a Downtown Brooklyn condominium project, and is slowly moving ahead on applying for permits for an East Village project. Mr. Blaichman, 54, is keeping busy with four buildings financed before the slowdown. He has found fashion and advertising firms to rent space in his tower at 450 West 14th Street and buyers for two downtown condo buildings. He recently rented a Lower East Side building to the School of Visual Arts as a dorm. Mr. Blaichman had success in Greenwich Village and the meatpacking district, where he developed the private club SoHo House, the restaurant Spice Market and the Theory store. He had similar hopes for the area along the High Line, where he bought properties last year when they were fetching record prices. An art collector, he considered the area destined for growth because of its many galleries and its proximity to the park being built on elevated railroad tracks that have given the area its name. The park, which extends 1.45 miles from Gansevoort Street to 34th Street, is expected to be completed in the spring. Other developers have shown that buyers will pay high prices to be in the area. Condo projects designed by well-known architects like Jean Nouvel and Annabelle Selldorf have been eagerly anticipated. In recent months, buyers have paid $2 million for a two-bedroom unit and $3 million for a three-bedroom at Ms. Selldorf’s project, according to Streeteasy.com, a real estate Web site. “It’s one of the greatest stretches of undeveloped areas,” Mr. Blaichman said. “I still think it’s going to take off.” In August 2007, Mr. Blaichman bought the site and air rights of a former Time Warner Cable warehouse. He thought the neighborhood needed its first full-service five-star hotel, in contrast to the many boutique hotels sprouting up downtown. So with his partners, Jay-Z and Abram and Scott Shnay, he envisioned a hotel with a pool, gym, spa and multiple restaurants under a brand called J Hotels. But since his mortgage brokers started shopping in late summer for roughly $200 million in financing, they have only one serious prospect for a lender. For now, he is seeking an extension on the mortgage — monthly payments are to begin in the coming months — and trying to rent the warehouse. (He currently has no income from the property.) It is perhaps small comfort that his fellow developers are having as many problems getting loans. Shaya Boymelgreen had banks “pull back” recently on financing for a 107-unit rental tower the developer is building at 500 West 23rd Street, according to Sara Mirski, managing director of development for Boymelgreen Developers. The half-finished project looked abandoned on two recent visits, but Ms. Mirski said that construction will continue. Banks have “invited” the developer to reapply for a loan next year and have offered interim bridge loans for up to $30 million. Mr. Blaichman cuts a more mellow figure than many other developers do. He avoids the real estate social scene, tries to turn his cellphone off after 6 p.m. and plays folk guitar in his spare time. For now, Mr. Blaichman seems stoic about his plight. At a diner, he polished off a Swiss-cheese omelet and calmly noted that he had no near-term way to pay off his debts. He exercises several times a week and tells his three children to curb their shopping even as he regularly presses his mortgage bankers for answers. “I sleep pretty well,” Mr. Blaichman said. “There’s nothing you can do in the middle of the night that will help your projects.” But even when the lending market improves — in months, or years — restarting large-scale projects will not be a quick process. A freeze in development, in fact, could continue well after the recession ends. Mr. Blank of the Urban Land Institute said he has taken to giving the following advice to real estate executives: “We told them to take up golf.” Correction: An article on Saturday about the end of the building boom in New York City referred incorrectly to the family relationship between the developers William S. Macklowe, whose planned project at the former Drake Hotel is in foreclosure, and Kent M. Swig, who shut down the sales office for a condominium tower on Broad Street after his lender, Lehman Brothers, declared bankruptcy. Mr. Swig is Mr. Macklowe’s brother-in-law, not his son-in-law.
  20. Stewart Museum shuts for $4.5-million refit To reopen in 2010; military drills continue The Gazette Published: 9 hours ago The Stewart Museum in the Old Fort on Île Ste. Hélène has closed for 18 months for a $4.5-million renovation program. The museum, which attracts about 60,000 visitors a year, is housed in a 188-year-old building that needs to be upgraded to meet 21st-century standards. "It means bringing the building up to scratch," said Bruce Bolton, executive director of the Macdonald Stewart Foundation, which rents the facility from the city. The work will include the installation of elevators, new windows and a sprinkler system. Another $500,000 will be spent to refurbish the permanent collection of artifacts, which hasn't been touched since 1992. The city has leased the property to the Macdonald Stewart Foundation since 1963 for use as a military and maritime museum. In 1985 it became the Macdonald Stewart Museum, and in the '90s became simply the Stewart Museum in the Old Fort. The museum is expected to re-open in May 2010. When it does, it will offer a revised educational program of activities. "In the past we offered quite a few group activities, perhaps too many, so we plan to clean up the act," said Sylvia Neider Deschênes, the museum's communications chief. The museum will be closed, but the military drills in the parade square will continue. "We will not touch the two ceremonial military regiments, the Compagnie franche de la Marine and the 78th Fraser Highlanders," Neider Deschênes said. "That's one program that sets us apart from other museums. We're adamant about keeping them. All the military animation programs will run next summer."
  21. Looks like the outside is getting a face lift.
  22. L'entreprise Temlam et sa filiale Jager Building Systems ont déclaré faillite lundi, mettant ainsi en péril 300 emplois. Pour en lire plus...
  23. Westmount building plans hush-hush Court testimony. Westmount neighbours battle over scenic view JAN RAVENSBERGEN, The Gazette Published: 6 hours ago Anytime a Westmount homeowner wants to renovate part of a building or add an extension, their plans are considered confidential - and not the business of any of their neighbours. That's longtime Westmount policy, architect Julia Gersovitz, chairperson since 2001 of the municipality's powerful planning advisory committee, testified in Quebec Superior Court yesterday. Other than Westmount urban-planning staff, city councillors and the mayor, "we at the (advisory committee) do not discuss the cases that are brought to us with anyone because it seems to us that would be a breach of confidentiality," Gersovitz told Justice Robert Mongeon. Two other architects and city councillor Cynthia Lulham sit with Gersovitz on the committee, which she told the court operates by consensus, never takes votes and is responsible for vetting all proposed building-exterior work that requires a municipal permit. Gersovitz is a historic-preservation specialist who is a longtime board member of Heritage Montreal, a practising architect and an auxiliary professor of design at McGill University. A green light her committee gave last March to homeowner Steven Goldberg to add another storey to his home at 27 Bellevue Ave., near the top of Mount Royal, did not require any consultation with nearby homeowners whose panoramic views of Montreal, the St. Lawrence River and the Montérégie vista would be affected, Gersovitz testified. "We have no mechanism for that," she told the court. In a case that has aroused considerable interest, Mongeon has been asked by Mireille Raymond, of 20 Sunnyside Ave., to quash Goldberg's permit. A higher roofline, Raymond contends, would substantially destroy her south-facing view of the city and environs. Hearings on the case continue today. In a related development, at an 8 a.m. council meeting yesterday, councillors Nicole Forbes and John de Castell reversed positions they'd taken Aug. 25 - and voted in favour of a modified version of the permit for Goldberg which would allow him his extra storey. The council vote was 5-2 in favour. On Aug. 25, a similar motion had been defeated 4-3. While de Castell complained about missing information earlier in the Goldberg permit process, he told council that "from everything that I've learned in this file, it (the Goldberg permit) appears to be legal." janr@thegazette.canwest.com
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