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Saturday , 25 March 2017

Monthly Archives: September 2014

Massive real estate development would boost Greek economy

Can real estate save a country’s economy? The city of Athens, Greece certainly hopes so. It has just sold a parcel of land so valuable that redeveloping it into a gigantic park could contribute as much as 2 per cent to the country’s GDP every year until 2025, and 50,000 jobs, according to the Wall Street Journal. The cost of the development is currently set at about $10 billion, the largest private investment ever in Greece, a country that has been in recession for the past six years or more and desperately needs a boost to its economy. While the country has relied on its famous ancient ruins and antiquities ... Read More »

Green buildings really are more profitable: report

Have you ever complained that the air-conditioning at the office made it too cold for you to work comfortably? Have you ever been driven to distraction, literally, by noisy construction workers outside your building? Have you ever wished you had a window in your office, or even some natural light rather than the ubiquitous fluorescent lighting? Do you sometimes experience a generalized kind of ill-feeling by the end of the work day and wonder if it might be because of the stale air you have to breathe all day long? Almost anyone who’s ever worked in an office has experienced some or all of these symptoms, and more. Often, problems like ... Read More »

Ontario wood industry welcomes new six-storey height limit

Starting on January 1, 2015, it will be legal in Ontario to construct wood-frame buildings up to six storeys high. The previous height limit for wood frame construction was four storeys. Building code changes will give builders more flexibility in choosing their building materials, while setting the highest fire safety requirements in Canada, the government says. A private member’s bill introduced at Queen’s Park in 2012 by the MPP for Thunder Bay-Atikokan, who is also the Minister of Natural Resources and Forestry, has passed and will become law on January 1. Politicians and spokespersons for the wood and forestry industry are expressing their delight at the news. Politicians have been ... Read More »

Homebuyers choose walkability over size: RBC

Here is a syllogism for you. Most people live where they can afford to live. Most people would prefer to live in location-efficient neighbourhoods. Therefore, most people would live in a location-efficient neighbourhood if they could afford to. In a nutshell, that’s the conclusion of the latest Pembina Institute/RBC research into homebuyer preferences in the GTA. It follows up work done by the same groups in 2012. The key finding was that a sizable majority of GTA residents (81 per cent) indicated that they would rather live in an area where they could walk to stores and restaurants and the like, and where they could access public transit easily, than in ... Read More »

Mayors key to stopping climate change: Bloomberg UN report

Mayoralty candidates, wherever you may be, take note: mayors and the cities they lead can do more to reduce greenhouse gas emissions than national governments can. By taking steps to reduce energy use in five key sectors—waste, freight transport, passenger transport, commercial buildings and residential buildings—mayors could reduce GHG emissions by the equivalent of more than half of the world’s annual use of coal today. So says a new report by the erstwhile mayor of New York City, now UN Special Envoy for Cities and Climate Change, Michael Bloomberg. The report was prepared by the Stockholm Environment Institute-US and the C40 Cities Climate Leadership Group, with the support of Bloomberg Philanthropies. ... Read More »

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