Another Friday is upon us and I decided that it is time for another Friday Random Post. Today I decided with all the elections going on I would give my two cents worth.
Firstly, lets start off with the Canadian Federal Election which is taking place on October 14th. This is a very interesting race. I am not a fan of Stephan Harper and I think Stephane Dion, representing the Liberal Party seems to have a good ideas he is just not communicating them to the general public. I hope this changes in the next 2 weeks. In recent years my voting has gone all over the place but this year I think with the policies of the Liberal Party I will be leaning that way. Dion is big on the environment as am I and this is why I would vote for him. So get it together Stephane we need to at least prevent a majority goverment for the Conservatives.
Now for our own Municipal Election. This one I am not too sure about. Peter Kelly in my mind has been doing a good job. Is it time for a change? I am not sure. I have heard really good things about Sheila Fougere and I may have to do some more research to check her out and see what she stands for.
Now with regards to the crazy circus in the United States. This is a no brainer to me and most Canadians. Unfortunately it is not a no brainer in the States. How Americans could even entertain the thought of voting for another Republican is beyond me. They have destroyed thier economy. They have them in a war they will never win and George Bush is widely considered as the worst President ever. I like John Mcain, he seems like a genuine guy but he also voted for all of Bushs plans over the years. So it could be more of the same. I am hoping Barrick Obama gets in. He is so well spoken and has it all together. Sure he is young and lacks experince, but so did Bill Clinton and he was a great President. I am not sure why as Canadians we care so much about the Americans, but we do. If we were allowed to vote there, Obama would get my vote.
That is it for today. Who knows what will happen in the coming weeks and months, only time will tell.
The Halifax Real Estate market is still going strong. It is a buyers market right now so if you are in the market to buy, now is a great time. Contact me and I would be happy to assist you in your next home purchase.
Your Halifax Real Estate Expert
Great News for the Halifax Real Estate Market!!!!
Halifax will post the strongest economic growth rate this year among metropolitan areas east of Manitoba at 2.4 per cent, the Conference Board of Canada said Monday.
In a report entitled Metropolitan Outlook for Autumn 2008, the board cited an expanding manufacturing sector, increasing non-residential construction and solid gains in the services sector as drivers of economic growth in Halifax this year.
Buoyed by their strongest rates of economic growth in more than a decade, Saskatoon and Regina rank first in terms of economic growth among Canadian census metropolitan areas, the board said.
“Saskatoon will lead Canadian CMAs in economic growth for the second consecutive year,” Mario Lefebvre, the board’s director for municipal studies, said, referring to major metropolitan areas.
To some extent, Halifax’s performance gets an impressive ranking mostly because of poor results in other major eastern metropolitan areas.
However, a number of factors are coming together to contribute to a positive economic outlook for the city, Mr. Lefebvre said in an interview.
He said manufacturing remains robust in the city, despite problems with this sector in other jurisdictions, and the population of Halifax continues to increase at a healthy pace.
“This allows for increased housing activity and also increases the number of people in shopping malls,” he said.
He said the metropolitan area’s anticipated 6.8 per cent increase in retail sales for 2008 stands on its own as an indicator of a robust economy.
The services sector in Halifax will grow by about 2.5 per cent in 2008 and an additional 2.8 per cent in 2009, the board said.
The biggest increases in Halifax for the year will be in the wholesale and retail trades and in finance, insurance and real estate.
“The economy is experiencing relatively broad-based growth this year, with all sectors save primary (industries), utilities and public administration expanding solidly,” reads one part of the report.
Several major construction projects slated for the downtown core are singled out by the board as contributors to solid economic performance in the city.
Some big commercial projects factored into the positive economic forecast, including Centennial Properties’ estimated $70-million hotel, condo and shopping development and a $250-million twin office tower complex to be built by United Gulf Developments.
The conference board notes public and administrative output is forecast to increase significantly next year as some cash from Nova Scotia’s agreement with Ottawa on offshore royalties finds its way into energy research, university infrastructure and protection of public land.
Quebec City experienced economic growth of 3.1 per cent in 2007 but is forecast to grow by a more moderate 2.3 per cent in 2008, mostly due to weakness in the goods-producing industries, especially manufacturing and construction.
The report notes economic growth in Montreal is projected to reach just 1.7 per cent in 2008, the lowest rate in five years, while a hobbled manufacturing sector in Toronto is expected to limit economic growth in that metropolitan area to 1.3 per cent.
Taken from The Chronicle Herald.
Your Halifax Real Estate Expert
I came across this great forum today and I wanted to pass along the info that I found. It is very useful and gives you a look into what is going on in Halifax, Dartmouth and surrounding areas with regards to development.
HALIFAX – DOWNTOWN | Roy Building | ~70m | 16 floors | N/A | 01172
HALIFAX – DOWNTOWN | Hollis & Morris | ? | 10 floors | N/A | 01162
HALIFAX – DOWNTOWN | 1860 Upper Water St. | ? | 9 floors | PH – September 16, 2008 | 01114
HALIFAX – DOWNTOWN | Water Street Power Plant | ? | ? | January 2009 | Not Issued
HALIFAX – DOWNTOWN | Queen’s Landing | ? | ? | N/A | ?
HALIFAX – NORTH | 5552 Kaye St | 22m | 7 floors | N/A | 01113
HALIFAX – WEST | 6955 Bayers Road | ? | 16 floors | N/A | 00930
HALIFAX – MAINLAND | Rockcliffe Village | ? | 3X10 floors | N/A | 01179
DARTMOUTH – DOWNTOWN | King’s Wharf | ~100m | ? floors | N/A | 00798
DARTMOUTH – NORTH | YMCA Towers | ? | 2×17 floors | N/A | ?
DARTMOUTH – WEST | 249 Windmill Road | ? | 12 floors | N/A | 00996
DARTMOUTH – WEST | Trinity Harbourview | ? | 6-5-5-5 floors | N/A | 01009/01010/01011
DARTMOUTH – WEST | Notting Village | ? | 6 floors | N/A | 00781
DARTMOUTH – BURNSIDE | Harbour Isle | ? | 12 floors | N/A | N/A
BEDFORD | Southgate Village | ? | 4 floors | N/A | 00762
HALIFAX – DOWNTOWN | United Gulf Towers | ~90m | 2X27 floors | N/A | ?
HALIFAX – DOWNTOWN | International Place | ? | 22 floors | N/A | —
HALIFAX – DOWNTOWN | Trillium | ? | 19 floors | October 2008 | 01046
HALIFAX – DOWNTOWN | The Alexander | 55m | 19 floors | N/A | 00971
HALIFAX – DOWNTOWN | Salter Street Block | 41m | 12 floors | Spring 2009 | ?
HALIFAX – NORTH | Trinity Site | ? | 18 floors | Fall 2008 | —
HALIFAX – SOUTH | Seaport Farmer’s Market | ? | 2 floors | Fall 2008 | Not Issued
HALIFAX – NORTH | Hydrostone Place | 25m | 7 floors | Exterior | N/A
HALIFAX – NORTH | Spice | ~20m | 6 floors | Exterior | N/A
HALIFAX – NORTH | 5505 Falkland | ~20m | 6 floors | Frame – 2 | N/A
HALIFAX – NORTH | Armoury Villa | ? | 5 floors | Site Prep | N/A
HALIFAX – SOUTH | 5800 South | ~30m | 9 floors | Exterior | Fall 2008
HALIFAX – SOUTH | Life Sciences Research Centre | 20m | 5 floors | Site Prep | N/A
HALIFAX – SOUTH | The Atrium | ? | 3 floors | Site Prep | N/A
HALIFAX – MAINLAND | Waterton Towers | 40m | 2×12 floors | Exterior/Foundation | N/A
HALIFAX – MAINLAND | Crown Bay | ~15m | 6 floors | Unknown | N/A
HALIFAX – MAINLAND | 273 Bedford Highway | ? | 3 floors | Foundation | November 2008
DARTMOUTH – DOWNTOWN | Founders Corner | ? | 5 floors | Exterior | N/A
DARTMOUTH – BURNSIDE | Park Place V | ~20m | 5 floors | Exterior | Winter 2009
BEDFORD | Dockside | ? | 5&6 floors | Sales Center | Unknown
HALIFAX – DOWNTOWN | Armoury Square | ~40m | 10 floors | August 2008 | ?
HALIFAX – NORTH | Gladstone Ridge | ~40m | 2×12 floors | August 2008 | ?
HALIFAX – SOUTH | St. James Place | ? | 10 floors | June 2008 | ?
HALIFAX – MAINLAND | Lakelands Blvd Office Building | N/A | 5 floors | June 2008 | ?
BEDFORD | RIM Customer Support Centre | ~25m | 6 floors | May 2008
DISTRICT | PROJECT NAME | STATUS | EXPECTED COMPLETION DATE | COST
HALIFAX – DOWNTOWN | Spring Garden Road Revitalization | Proposed | September 2009 | $3 Million
HALIFAX – DOWNTOWN | Halifax Central Library | Proposed | N/A | $30 Million
HALIFAX – NORTH | Barrington Street Trail | U/C | Summer 2009 | N/A
HALIFAX – SOUTH/WEST | Halifax Urban Greenway | Approved | N/A | N/A
HALIFAX – MAINLAND | Halifax Mainland Recreation Centre | Approved | 2011 | $40.5 Million
DARTMOUTH – EAST | Main Street Revitalization | U/C | 2038 | $7.9 Million
BEDFORD/HALIFAX | Fast Ferry | Approved | Fall 2010 | $27 Million
*Not the final public hearing. Usually only for amendments or land zone changes.
**Anything completed on the outside within the last 6 months.
***HRM major projects. Includes redevelopment, revitalization, and paths. No car-oriented projects (there are too many).
Thanks to Bedford DJ for this list
As you can see there is lots of new developments coming on board in the future. Keep checking back as more information becomes available. If you would like more information on these projects let me know and I will dig a little deeper to find the info you require. If you are looking to buy or sell Halifax Real Estate, contact me.
Your Halifax Real Estate Expert
Halifax Real Estate Condo Update September 11/08
It looks like the downtown Halifax area can be expecting some exciting new condo projects coming on board in the near future. Their are two major ones. The first being The Trillium. This condo building is going on the corner of South Park and Brenton. A great location to say the least. There is not a great deal information available yet. Another one that has just passed council approval is The Alexander in the brewery market. This project looks very exciting. Stay tuned as more information becomes available.
A couple of other projects worthy to note are in the north end of Halifax. Hydrostone Place is a great looking condo building. This area is rapidly becoming one of the most popular in Halifax. Falkland St condos have broke ground and according to the sign there has been 30% sold. I think once this project gets closer to completion they will sell out very fast. Spice is also coming along, albeit quite slow. They need to finish this one soon as it is a eye sore right now. I am sure once it is done it will be very nice. Armoury Villa has also broken ground and is situated across from the Halifax Common.
If you are interested in receiving more info on these or any other condo projects in Halifax do not hesitate to call or email me anytime. I will be keeping a close eye on The Trillium and The Brewery market condos, so check back for regular updates.
Your Halifax Real Estate Expert