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.
Uncertain market conditions continue to be a consideration for business owners and investors alike, encouraging many to reassess their strategies and prioritize core strengths while identifying opportunities for long-term success. In the latest episode of The Well Off Podcast, Alex…
Uncertainty dominates today’s headlines – from economic volatility to geopolitical tensions – and the real estate market is no exception. Developers and investors alike are navigating rising costs, evolving policies and shifting buyer behaviours in an environment where adaptability is…
At Greybrook, we are proud to recognize and celebrate the extraordinary women who have played an integral role in shaping our organization. This year, in honour of International Women’s Day and Women’s History Month, the women at Greybrook came together…
At Greybrook, we recognize the importance of contributing to the communities where we live and work. Recently, our team had the opportunity to come together to volunteer at The Common Table, a Toronto-based drop-in program that provides meals, essential support…
The prospect of a trade war that could disrupt the North American economy is on hold – for now. U.S. President Donald Trump has agreed to delay imposing 25% tariffs on Canada and Mexico for 30 days, easing immediate concerns…
The Elser Hotel & Residences continues to meet the demand of Miami’s evolving real estate market, with over 95% of its units now sold. Its exceptional amenities, prime location, and attractive hotel rental model remain key drivers, drawing discerning owners…
Sasha Cucuz, CEO of Greybrook Securities, recently appeared in Episode #83 on the beyond MD podcast. Hosted by Dr. Yatin Chadha, a radiologist based in Toronto, this popular podcast aims to enhance financial literacy among Canadian professionals, namely physicians, dentists, and…
The advancement of vertical construction marks a significant milestone for the iconic Downtown Miami residence, which will set a new standard in luxury condominium living and architectural design in the renowned city. Beyond its striking 9-staggered cube silhouette, the one-of-a-kind…
We are delighted to announce the successful sales and closings of all residential and commercial inventory at our Stockyards District Residences. This achievement signifies a major milestone for the project. With only a limited number of parking spots and lockers…
As we reflect on the last year, we proudly celebrate our team’s achievements across our organization and diverse portfolio of over 110 projects. In 2024, we remained focused on driving progress and adapting to shifting market dynamics, demonstrating our commitment…
