Kitchener has seen an impressive transformation over the last two decades with even more growth on the horizon. Kickstarted by a $110 million Economic Development Investment Fund in 2000, this city located west of Toronto has evolved into a hotspot for development and innovation.
Having undergone a major revitalization, a variety of factors has kept the city primed for growth, including a globally recognized technology sector, access to acclaimed postsecondary institutions and a rapidly expanding transportation hub.
Earlier this year Metrolinx announced a $1-billion investment is being made for the Kitchener GO Rail Expansion project as part of the government’s plan to spark investment and support population growth in the Waterloo Region. The Kitchener line will become the core of the Toronto-Waterloo Innovation corridor, a fast-growing innovation technology hub with a potential to see a growth of 170,000 jobs if the technology supercluster is fully realized. Expanded rail service will provide people with more direct connections to job and education opportunities. A number of acclaimed postsecondary institutions like University of Waterloo and downtown campuses from Wilfrid Laurier University, Conestoga College and McMaster University has attracted highly skilled and emerging tech talent to the city to live work and play.
“In less than 20 years, we went from a place nobody would invest in to selling out residential units in minutes, to massive investments in transportation infrastructure supporting an innovation corridor,” said Kitchener Mayor Berry Vrbanovic.
With an established portfolio in Southern Ontario, we expected the increase in demand for housing in Kitchener. In 2019 Greybrook acquired a 22-acre development site in Kitchener with partners, Cityzen Development Group and Tercot Communities. The development is progressing through the planning phase and once fully developed, the low-rise community will consist of over 200 townhomes and single-detached homes.
On December 20th, Greybrook successfully closed on a $42,000,000 investment completed by its managed issuer. The funds will be used to acquire and oversee the development of a prime parcel of land located at the intersection of Warden Avenue &…
Greybrook is proud to share our support towards the revitalization of The City of Cambridge’s Preston Memorial Auditorium. This contribution will play a crucial role in the ongoing renovation and expansion of the recreational facility, which will continue to serve…
This past fall, the 5th Annual Velo Blu charity ride for Blu Genes took place, bringing together over 140 participants and raising more than $400,000 for gene therapy research. Set at Peller Estates Winery, this unforgettable event highlighted the power of community…
Since its launch last October, the low-rise, master-planned community—developed in partnership with Tribute Communities—has continued to attract interest from prospective buyers eager to experience the small-town charm of Lindsay. Now, with the grand opening of the showhomes, buyers have the…
The rise of artificial intelligence (AI) and the increasing adoption of technology across industries has led organizations to explore new ways to transform and streamline operations to stay competitive. As a result, the demand for tech talent has surged, often…
One of the most common questions we hear from investors is: How do we determine where to invest, especially as markets evolve? In today’s dynamic real estate landscape, making sound investment decisions requires a disciplined and selective approach. During a…
We’re excited to share the highlights from Inside Track 2024, our annual investor event that offers industry-leading insights and engaging discussions on the future of real estate and the broader economy. This year, attendees had the opportunity to hear from…
Greybrook and our partners PMG, are pleased to announce that pre-leasing has commenced for Society Atlanta. Located at 811 Peachtree St. NE, Society Atlanta is a 31-story tower featuring 460 rental apartments, over 87,000 square feet of office space and…
We recently had the opportunity to fly over our Archetto Towns project in Woodbridge, offering a new perspective of our 91 townhomes low-rise community. Standing out against the eye-catching backdrop of vibrant fall foliage, this exclusive collection of contemporary townhomes,…
We are thrilled to announce that our Artistry Condos high-rise development in Toronto’s vibrant Grange Park community has reached a significant milestone with the successful topping-off of the building. This achievement marks the completion of the structural formwork at its…
