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.
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…
We are proud to share that Linx Condos was recently nominated for the prestigious Heritage Toronto Awards in the Built Heritage category. This year’s 49th Annual Heritage Toronto Awards celebrated exceptional contributions to the preservation and evolution of the city’s…
In the latest episode of the Toronto Under Construction podcast, CEO Sasha Cucuz joins Bullpen Consulting’s Ben Myers and guest co-host Matt Young for an in-depth discussion on real estate investment. The conversation offers insights into Greybrook’s evolution, highlighting its strategic…
On October 20th, 2024, the Ontario government’s Provincial Planning Statement, 2024 (PPS 2024) came into effect, aiming to streamline the province’s land use planning framework. This new policy replaces both the Provincial Policy Statement, 2020, and A Places to Grow:…
The evening featured the prominent Benjamin Tal, Deputy Chief Economist and Managing Director of CIBC World Markets, who delivered his expert analysis of macroeconomic data and real estate trends in the Canadian market. Following his keynote, attendees enjoyed an engaging…
In a recent episode of The Tom Storey Show, CEO Sasha Cucuz joined co-hosts Tom Storey and Steve Karrasch to discuss the financialization of Canadian housing—an interesting topic in today’s real estate landscape. This episode delves into how the increasing…
Characterized by record-low sales activity and stagnant prices, there’s been no shortage of unknowns and questions surrounding the Canadian real estate market this year. Will the Bank of Canada’s recent rate cuts, and potential for more, encourage homebuyers to re-enter…
