CBRE has spotlighted six transformative commercial real estate projects that will reshape Canada’s urban landscapes in 2025. These developments reflect key trends in mixed-use spaces, sustainability, and cutting-edge industries.

1. Oakridge Park (Vancouver)
Overview: A 5 million sq. ft. mixed-use project redeveloping the former Oakridge Centre.
Highlights:
650,000 sq. ft. of retail, including over 100 luxury retailers like Bvlgari, Chaumet, and Christian Louboutin.
Offices, residential buildings, a public library, and a community park for events.
A high-end food hall operated by Time Out Market.

2. 40NetZERO (Montreal)
Overview: North America’s largest carbon-neutral industrial park.
Highlights:
Renewable energy-powered facilities with rainwater management and solar panel-covered carports.
Ultra-high bay warehousing and employee-friendly amenities like a gym and restaurants.
Completion in phases through 2027.

3. Wonder Valley (Grande Prairie, AB)
Overview: World’s largest AI compute data center park, developed by Kevin O’Leary.
Highlights:
58 buildings and 7.5 GW of power capacity.
A $70 billion phased project featuring trails, wildlife areas, and employee recreation options.
Expected to revolutionize the AI and data center industries.

4. 88 Bathurst (Toronto)
Overview: A mixed-use rental development by Hines and 3XN Architects.
Highlights:
307 luxury rental units alongside retail and office spaces.
Rooftop pool and skyline views from the 17th floor.
Occupancy begins in Q2 2025.

5. Inspire Bio Innovations (Montreal, QC)
Overview: A life sciences hub repurposing the former Montreal Chest Institute hospital.
Highlights:
180,000 sq. ft. for offices, labs, and an incubator linked to local universities.
Phase 1 anchors include CellCarta, occupying 90,000 sq. ft.
Multi-award-winning design focused on sustainability and innovation.

6. CIBC Square II (Toronto)
• Overview: Canada’s largest office building under construction.
• Highlights:
• 1.4 million sq. ft. across 50 storeys.
• Hosts major tenants like CPP Investments, CIBC, and Microsoft Canada.
• Includes Union Station Bus Terminal and a one-acre public park.
CBRE’s Perspective
“These projects represent the future of Canadian commercial real estate,” notes CBRE. “From sustainable industrial parks to cutting-edge data centers, these developments will drive economic growth and redefine how we live, work, and innovate.”
Goodland Equity Partners’ Take
These landmark projects underscore the importance of forward-thinking investments in infrastructure, sustainability, and mixed-use development. At Goodland Equity Partners, we’re inspired by the innovation driving these projects and remain committed to contributing to transformative developments that create long-term value for communities and investors.
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