City of Toronto Heritage Property Inventory

$1.4 billion committed to district energy projects in Toronto and Mississauga

Retrieved on: 
Wednesday, November 3, 2021
Canada Infrastructure Bank, Efficiency, City, Carbon, Partnership, GTA, City of Toronto Heritage Property Inventory, IFM Investors, CIB, Maintenance, GHG, Heat, Climate change, Electricity, Renewable energy

TORONTO, Nov.3, 2021 /CNW/ - Canada Infrastructure Bank (CIB) and Enwave Energy Corporation (Enwave) have completed a long-term agreement valued at $1.4 billion to accelerate and advance district energy projects in the Cities of Toronto and Mississauga.

Key Points: 
  • TORONTO, Nov.3, 2021 /CNW/ - Canada Infrastructure Bank (CIB) and Enwave Energy Corporation (Enwave) have completed a long-term agreement valued at $1.4 billion to accelerate and advance district energy projects in the Cities of Toronto and Mississauga.
  • District energy projects align with our priority to invest in clean energy infrastructure which reduce greenhouse gas emissions.
  • The district energy projects will benefit those who live and work in Toronto and Mississauga for generations to come.
  • We are pleased to support this transformational agreement between the CIB and Enwave that will help build out district energy projects to bring efficient and low-carbon energy to new communities in Toronto and Mississauga.

McAdams Increases Downtown Raleigh Presence with Bloc[83] Expansion

Retrieved on: 
Tuesday, September 28, 2021
Parkway, Goal, Larry Silverstein, Solution, PE, Engineering, Workforce, Environment, CEO, Acquisition, Bloc, City of Toronto Heritage Property Inventory, Creativity, Architecture, Triangle, Foot, McAdams, Construction

Workforce expansion, attracting talent, proximity to clients and projected growth of the region all factored into this decision.

Key Points: 
  • Workforce expansion, attracting talent, proximity to clients and projected growth of the region all factored into this decision.
  • While the headquarters of the company will shift to Bloc[83], McAdams will maintain its western Triangle location with a 20,000-square foot presence on Meridian Parkway in Durham.
  • McAdams has added 150 employees since January 2020 with 97 of those new hires in the Triangle market.
  • McAdams was advised throughout lease negotiations by Wes McAdams of Colony Commercial out of Charlotte, NC.