Mark Blinch / Reuters
Just because you can hear or feel the construction does not mean that there is an issue.
Photo by Seattle Dredge via Getty Images
Toronto will spend more than $550 million on construction projects this year, as it tries to keep vital infrastructure in good shape. In total, the city plans to spend $270 million on roads, expressw...
When I mentioned to my New York real estate broker that I had relocated from Toronto he had one thing to say about the Big Smoke: "I've never seen so much construction in one place." Statistically, he's right. Few cities in North America rival the sheer amount of high-rises that are currently under construction in Toronto.
The old joke about Canada having two seasons — winter and construction — is being proven wrong in Toronto as the mild winter puts many construction projects well ahead of schedule. "It's been fantast...
Today Toronto leads all cities in North America with 132 high-rise buildings currently under construction. If you're like me and own a unit downtown, you can't help but be a little nervous about where all of this is heading.
There are thousands of commuters pouring into the city every day, and I suspect many of them would vie for public transit if it were accessible, reliable and seamless. But initiatives always seem to get shelved for the same reasons -- there's no funding, or one level of government points to another as the unwilling partner.
Many of the glass condominium towers filling up the Toronto skyline will fail 15 to 25 years after they’re built, perhaps even earlier, and will need retrofits costing millions of dollars, say some in...