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Turkey’s fairytale castles win reprieve after bankruptcy - National

Turkey’s fairytale castles win reprieve after bankruptcy – National

A half-built fairytale development of hundreds of Disney-style castles in Western Turkey won a reprieve from bankruptcy on Friday when creditors voted to allow a construction company to complete work on the project. The Burj Al Babas project, about 200 km east of Istanbul, was intended to be a luxury housing development boasting rows upon…

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Downtown Kingston business owner speaks out after 16-storey condo development rejected - Kingston

Downtown Kingston business owner speaks out after 16-storey condo development rejected – Kingston

Ontario’s Local Planning Appeal Tribunal has shut down construction of a 16-storey condo building in Kingston after a number of concerned residents rallied against its development. READ MORE: Capitol Condo developer disappointed by rejection One local business owner had put a down payment on one of the proposed Capitol Condo units and was taken aback…

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Defying odds, Toronto condo boom revives in May

Defying odds, Toronto condo boom revives in May

Despite mounting concern about a slide in prices, Toronto’s condominium developers barreled full steam ahead in May hiring more workers to start construction amid a pickup in new projects being launched. Construction began on about 2,400 condominium units in May, according to fresh figures released by the Canada Mortgage Housing Corp. Monday – a strong…

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