Urban apartment vacancies dip

CMHC rental market survey draws parallel with Halifax’s 1.4% population spike ROGER TAYLOR STAFF REPORTER rtaylor@herald.ca @CH_RogerTaylor The Chronicle Herald – December 17, 2015 Edition Apartment vacancies across Nova Scotia declined in 2015, Canada Mortgage and Housing Corp. reported Wednesday. The private apartment vacancy rate in Nova Scotia’s urban centres dropped to 3.8 per cent in October from 4.1 per cent, as reported by CMHC in its survey last year. In Halifax, the overall vacancy rate decreased to 3.4 per cent from 3.8 per cent in October 2014, according to the agency’s fall rental market survey. ‟The decrease realized in…

Halifax ill-prepared for building boom

NICK LANGLEY Nick Langley is director of provincial affairs, Nova Scotia, for the Canadian Federation of Independent Business The Chronicle Herald – December 16, 2015 Edition –Herald Opinions Small businesses in downtown Halifax are struggling. It’s been tough for years. The recent construction boom, while a sign of hope and perhaps future prosperity, has made it tougher to do business. Almost anyone running a business in the downtown agrees the development activity is a good thing for our city, but there are unintended consequences. The boom has meant reduced parking, disruptions to water and power services, disruption to deliveries, damage…

Doyle Street changes slowing project: developer

JOANN ALBERSTAT BUSINESS EDITOR jalberstat@herald.ca @CH_JAlberstat The Chronicle Herald – December 11, 2015 Edition Municipal approval of a $75-million makeover of a downtown city block is taking longer than expected because of proposed changes to Doyle Street, says a Halifax developer. Danny Chedrawe, president of Westwood Developments , said Thursday he wants to create a narrower one-way street behind the Spring Garden Road site. That would allow for wider sidewalks and landscaping behind the new seven-storey complex. ‟We feel that Doyle Street can be very pedestrian-oriented,” Chedrawe said. ‟We’re working with HRM staff and it’s been . . . a…

Developer rekindles Dartmouth apartment plan

PATRICIA BROOKS ARENBURG BUSINESS REPORTER pbrooks@herald.ca @CH_PBA The Chronicle Herald – December 10, 2015 Edition Developer Tony Maskine is giving his plans for an apartment building across from Lake Banook another go. In 2012, the Harbour East community council rejected a 15-storey, 92-unit building proposed by Maskine’s Monaco Investments Ltd. at the site of the funeral home owned by Donald K. Walker Funeral Directors Ltd. in Dartmouth. The project Maskine is now proposing is 10 storeys with about 90 units, a ground-floor commercial space of about 5,620 square feet and underground parking. The company is again asking the municipality to…