ABOUT TOWN

Construction
A summary of recent City of London construction permits:

Commercial

151516 Canada Inc. c/o Rio Can Management Inc.—spending $150,000 on interior alterations to a retail plaza at 509 Commissioners Road West.

Sun Life Assurance Company of Canada—spending $240,000 on interior alterations for Five Guys Burgers and Fries restaurant, 1703 Richmond Street.

Penretail Management Ltd. c/o Bentail Retail Services—spending $240,000 on interior alterations for Five Guys Burgers and Fries restaurant at Westmount Shopping Centre, 795 Wonderland Road South.

Pioneer Energy Management Inc.—spending $311,000 to erect a gas bar, convenience store and canopy at 1769 Dundas Street East.

Calloway Reit (London North) Inc., Canadian Property Holdings—spending $185,000 on alterations for a New Justice store at 1965 Hyde Park Road.

Sifton Properties Ltd., London Life Insurance Company—spending $1.5 million on interior alterations to 21st and 22nd Floor offices at One London Place, 255 Queens Avenue.

300 Dundas (London) Ltd.—spending $500,000 on interior office alterations at 300 Dundas Street.

Goodwill Industries Ontario Great Lakes—spending $200,000 on interior alterations for washrooms and mechanical upgrades at 3410 White Oak Road.

Wharncliffe Shopping Plaza Inc. c/o Bayfield Realty Advisors—spending $3,150,000 on interior and facade alterations, in site service installations for retail space at 467 Wharncliffe Road South.

503 York Street Inc. c/o McFarlan Rowlands Insurance—spending $450,000 on interior office alterations at 503 York Street.

The TDL Group Corporation—spending $173,000 on exterior cladding and interior alterations for a restaurant at 564 Fanshawe Park Road East.

GMRI Inc.—spending $177,000 on interior alterations and façade upgrades to Red Lobster restaurant, 667 Wellington Road South.

Buckingham Sports Properties Company—spending $630,000 on arena interior alterations at 99 Brookside Street.

Institutional

London District Catholic School Board—spending $300,000 on classroom alterations at St. Martin Elementary School, 140 Duchess Avenue; $762,000 on additions for a classroom at St. Thomas More Elementary School, 18
Wychwood Park; $138,000 on classroom alterations at St. Sebastian Elementary School, 225 Cairn Street; and $144,000 on interior alterations for a classroom at St. Jude Elementary School, 690 Viscount Road.

Management Board Secretariat—spending $400,000 on alterations to 80 Dundas Street.

Fanshawe College of Applied Arts & Technology—spending $526,000 on interior alterations to D1052 and roof alterations at 1001 Fanshawe College Boulevard.

Western University—spending $800,000 on mechanical and electrical upgrades at 1151 Richmond Street.

Thames Valley District School Board—spending $781,000 on additions and alterations to Prince Charles Public School, 1601 Wavell Street; $1.5 million on a greenhouse addition and interior alterations to Clarke Road Secondary School, 300 Clarke Road; and $120,000 on cladding replacement at Farquarson Arena, 411 Tecumseh Avenue East.

Montessori Academy of London—spending $500,000 on additions and alterations to 719 Waterloo Street.

Esam Construction Ltd.—spending $200,000 on interior alterations to Canada Post at 720 Proudfoot Lane.

The Highland Congregation of Jehovah’s Witnesses—spending $130,000 to install a parking lot oil interceptor at 86 Base Line Road West.

Industrial

509635 Ontario Ltd.—spending $150,000 on interior alterations to a showroom and administrative area at a woodworking factory at 4094 Eastgate Crescent.

Streit (Central No. 3) Ltd.—spending $375,000 on interior alterations for OTC Group at 4350 Castleton Road.

Residential

2355907 Ontario Inc.—spending $55 million to erect a 19-storey, 311-unit apartment building at 1235 Richmond Street.

902873 Ontario Ltd.—spending $450,000 on an elevator and exit stairwell at a boarding/lodging house at 566 Dundas Street.

1433310 Ontario Ltd.—spending $517,000 to erect two detached cluster townhome units at 70 Tanoak Drive.

Andover Gardens Senior Apartments Inc.—spending $105,000 on new beam lintel installations over balconies at an apartment building at 1 Andover Drive.

Rembrandt Developments (Fanshawe) Inc.—spending $1,069,200 to erect seven townhome condominium units at 1010 Fanshawe Park Road East.

Rembrandt Developments (London) Inc.—spending $454,000 to erect two detached cluster townhome units at 2081 Wallingford Avenue.

Sunbelt Business Centres (Canada) Inc.—spending $150,000 on balcony repairs and stairs replacements at 1255 Commissioners Road West.

Sifton Properties Ltd.—spending $336,000 to erect a detached cluster townhome at 1473 Somerville Drive; $217,000 to erect a detached cluster townhome at 2205 Jack Nash Drive; $240,000 to erect a detached cluster townhome at 2317 Jack Nash Drive; $321,000 to erect a detached cluster townhome at 2666 Sandra Post Crescent; and $556,000 to erect three townhome condominium units at 3455 Morgan Crescent.
Marquis Developments London Inc.—spending $492,000 to erect a detached cluster townhome at 1491 Jim Allen Way.

Gainsborough Place Inc.—spending $375,000 to erect two townhome condominium units at 1571 Coronation Drive.

Premium Homes—spending $726,000 to erect two detached cluster townhome units at 181 Skyline Avenue.

Town & Country Developments (2005) Inc.—spending $1,100,000 to erect 12 townhome condominium units at 1850 Beaverbrook Avenue.

189 Dundas Developments Inc.—spending $700,000 on alterations to an 11-unit apartment building at 189 Dundas Street.

Richmond Village (London) Inc.—spending $817,000 to erect four townhome condominium units at 280 Callaway Road.

Deerfield Homes—spending $750,000 to install site services at 3200 Singleton Avenue.

Graystone Development Group Ltd.—spending $260,000 to erect a detached cluster townhome at 725 Eagletrace Drive.

Lakefield Homes Ltd.—spending $780,000 to erect five street townhome units at 850 Silverfox Crescent.

Note: Due to reporting procedures, listed party may represent a previous interest and may not be responsible for permit investment.

Sold
A sample of recent commercial real estate transactions in London:

2440 Scanlan Street,
3820 & 3915 Commerce Road
type Industrial buildings
price $15,800,000
seller GE Canada Real Estate Equiting Holding Co.
buyer PIRET (Southwest) Holdings Inc.

1695 Wonderland Road North
type Retail plaza
price $6,650,000
seller Bradel Properties Ltd.
buyer Al Faez Real Estate Corp.

1005 Wilton Grove Road
type Warehouse
price $3,000,000
seller Gates Canada Inc.
buyer 1803299 Ontario Inc.

305 Wharncliffe Road North
type Apartment building
price $2, 500,000
seller Unlettings Ltd.
buyer Named individuals

420 Dufferin Avenue North
type Apartment building
price $2,400,000
seller 2057458 Ontario Inc.
buyer 869797 Ontario Ltd.

Plan 33M-647, Block 114
type Development land
price $2,151,000
seller Sunningdale Golf & Country Club Inc.
buyer Sunningdale Meadows (Domus) Inc.

174 King Street
type Apartment/retail building
price $1,925,000
seller 13013882 Ontario Inc.
buyer 2364242 Ontario Inc.

2064 Creamery Road
type Farmland
price $1,395,000
seller Lynalwood Farms Ltd.
buyer 410303 Ontario Ltd.

1195 Gainsborough Road
type Distribution warehouse
price $1,350,000
seller Kal Tire Distributors Ltd.
buyer 2368588 Ontario Ltd.

2490 Main Street
type Retail plaza
price $1,310,000
seller 2124196 Ontario Ltd.
buyer Hongye Capital Inc

525 Scotland Drive
type Farmland
price $1,150,000
seller First Solar Development (Canada) Ltd.
buyer Named individuals

1978 Westchester Bourne
type Industrial building
price $925,000
seller 1142046 Ontario Inc.
buyer Xtreme Marine London 2011 Inc.

299 South Street
type Retail building
price $825,000
seller Named individuals
buyer FinCore Canada Inc.