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6 Canadian Commercial Real Estate Projects to Watch in 2025 – CBRE Highlights

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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