News

Feb 1, 2016

Boomers Flock to Rentals, Putting Even More Pressure on the Market

Young Americans could be facing some fierce competition in the rental housing market — their grandparents.

A growing number of older Americans are writing rent checks for their housing these days. In fact, the number of renters ages 50 and over increased by a staggering 50 percent between 2005 (10 million) and 2015 (15 million), according to a recent rental housing report from Harvard University’s Joint Center for Housing Studies.

The province's concrete industry has once again recognized excellence and innovation on a variety of project types with the presentation of the 2015 Ontario Concrete Awards.

The annual competition focuses on the achievements of owners, designers, contractors and suppliers that have made concrete their construction material of choice.

CAMBRIDGE – New life has been injected into a dormant development in the heart of Hespeler.

HIP Developments Inc. is now taking the lead on the much-lauded redevelopment of Jacob Hespeler’s former mills on the banks of the Speed River.

“Shawky (Fahel) set the stage for us,” said Scott Higgins, president of HIP Developments. “This project has been a long time coming.”

May 27, 2015

KITCHENER — A 300-metre stretch of the popular Iron Horse Trail will close for six weeks so it can be widened and upgraded.

The section of trail between Cherry Street and Gage Avenue will close Sept. 8 for four to six weeks so that developer Hip Developments can carry out work on the trail.

May 20, 2015

GUELPH — The first move-in day for HIP Developments' Solstice 1 student housing complex on Gordon Street proceeded on schedule, company president Scott Higgins said.

May 13, 2015

WATERLOO — A multi-use redevelopment project is in store for the Brick Brewing's brew house and retail building in uptown Waterloo.

The sale of the King Street South property for $4 million to a real estate development company was announced on Wednesday.

Apr 28, 2015

GUELPH — It didn't take long for HIP Developments to clear the land and get started on its second student housing complex in Guelph.

With the company's first building, Solstice 1, looming large about one block down the street, construction on Solstice 2 has begun on the same stretch of Gordon Street. The company has plans for a third building.

Feb 2, 2015

Melloul-Blamey Construction is excited to announce that our latest multi-residential project is nearing completion.

Saginaw Gardens, luxury living in the heart of Cambridge, is a 7 storey, 122-unit building that features condo-quality features, such as stainless steel appliance quartz countertops, in-suite laundry and large balconies. It is built on a stunning raised piece of land that is one of the highest points in Cambridge. Our crew is going to be sad to leave the beautiful views behind!

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