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.
138 Yorkville, our ultra-luxury development in partnership with Cityzen and First Capital, recently hosted internationally acclaimed designer Gaurav Gupta for an exclusive showcase at our presentation gallery. Gaurav, celebrated for his sculptural silhouettes and red-carpet couture, presented a curated selection…
Sales have launched at Château 9, an exclusive new low-rise community featuring contemporary single-detached homes and townhomes in one of Stouffville’s most sought-after neighborhoods. Developed in partnership with Treasure Hill, Château 9 combines modern architectural design with small-town charm. Located…
The federal government recently launched Build Canada Homes, a new agency with an ambitious mandate: to rapidly scale up housing construction across the country, aiming to help double the national housing supply and improve affordability as part of Canada’s broader…
With interest rates elevated, higher costs, and policy hurdles mounting, Greybrook CEO Peter Politis joined The Your Life! Your Terms! Show on the “How Billion Dollar Developers See Canadian Real Estate In 5 Years” episode to discuss what these shifts…
The 6th Annual Velo Blu charity ride returned to Peller Estates Winery in Niagara-on-the-Lake on September 19th, once again demonstrating the power of community commitment to life-changing medical research. This year’s inspiring event raised $360,000, bringing Velo Blu’s cumulative contribution…
On September 17th, Greybrook proudly celebrated the grand opening of our new Vancouver office with a special lunch event at Seasons in the Park restaurant. The occasion was a great success and a celebration of Greybrook’s established presence in the Vancouver area.…
Greybrook announced today the acquisition of Terra at Piney Point, a 246-unit garden-style apartment community situated between Houston’s Galleria and West Houston neighborhoods, adjacent to Piney Point Village, one of Texas’s most affluent communities for the purchase price of US$35,600,000.(1)…
Yesterday, Greybrook proudly took part in the 16th Annual Constantine Yorkville Run, joining 1,200 dedicated runners and walkers to raise vital funds for over 30 local charities in Toronto. This longstanding community-driven 5K event has raised more than $5.4 million…
Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $31,525,000. This investment will support the acquisition and management of a development spanning approximately 45 projected net developable acres, located at 10378…
Since announcing our investment in the Yonge and Eglinton project earlier this year, our team – together with long-standing partner Stafford Homes – has been moving purposefully through the early stages of development. Located at 29–45 Berwick Avenue, just west…
