This is the second commercial real estate project for Harden in the community as it continues to expand its footprint in the province

VAUDREUIL-DORION, Quebec–(BUSINESS WIRE)–Harden, a leading real estate company, celebrates the ground-breaking of their newest commercial real estate project in Beauharnois, Quebec. This project, Quartier Beauharnois, is the second one for the company in this community, the first being District Beauharnois completed in 2017, consisting of over 150 000 square feet of leasable area. With an investment of over $25 million, the project will include green spaces, an expansive shopping experience and reinforces Harden’s commitment to the communities in which they operate.

“We are thrilled to continue our relationship with the Beauharnois community by developing Quartier Beauharnois,” says Co-President and CEO, Tyler Harden. “At Harden, supporting communities and responding to their needs has always been at the forefront of our strategy. The success of District Beauharnois coupled with the tremendous growth of the market enabled us to make this investment. It is an honor and privilege to continue building in the Beauharnois community and leave a positive legacy for all residents and visitors to benefit from.”

“It is with great enthusiasm that we welcome this new project, by Harden, to the Beauharnois community,” says Alain Dubuc, Mayor of Beauharnois. “Quartier Beauharnois will increase the commercial services offered to our citizens, at a time when local economy is taking off. This type of project is part of a vision of urban vitality aimed at providing an attractive and diversified living environment for citizens and visitors.”

Quartier Beauharnois, easily accessible by highway 30, will consist of over 65 000 square feet of leasable area. The first phase, to be completed by the end of this year, will be anchored by a Super C of over 35 000 square feet. Super C will open its door Fall 2022. Up to ± 20,000 s.f. of gross leasable area will also be built and is available to lease, including a ± 11,625 s.f. building that will be subdividable to suit the needs of any future tenants. The project will include three pads with drive-thrus and patios (from ± 2,056 to 3,552 s.f.). Construction is expected to be fully completed in 2023.

About Harden

Established in 1985, Harden is a second generation, family-owned real estate company whose primary focus is owning and operating commercial, residential, and industrial properties in many communities throughout the provinces of Quebec and Ontario. Being vertically integrated enables them to specialize in all facets of the real estate development process, including, development, construction, leasing, and property management.

To learn more about Harden, please visit www.harden.ca

Contacts

Tia Giannone

Torchia Communications

514-999-1732

tia@torchiacom.com

BEVERLY HILLS, Calif.–(BUSINESS WIRE)–Luxury residential community developer Discovery Land Company has hired Brett White and Michelle Ngo to propel the company to a new era of international expansion. White, who now leads as Discovery’s CEO, and Ngo, Discovery’s new CFO, both began their roles in the first quarter of 2022.

White served as CEO and Executive Chairman of Cushman & Wakefield from 2015 through 2021. Prior to joining Cushman & Wakefield, White had a 28-year career with CBRE, serving as CEO from 2005 through 2012 and President from 2001 through 2005. At Discovery, Brett will use his decades of experience in real estate to lead all business and development operations as well as strategize for global expansion, new clubs, and current club oversight.

Ngo’s previous role was with Kilroy Realty Corporation, where she served 16 years culminating in her roles as Treasurer and then CFO. At Kilroy, Michelle provided leadership for capital markets, financial planning and analysis, investor relations, and accounting and treasury oversight. At Discovery, Ngo will lead all of Discovery’s global financial and accounting operations as well as Discovery’s technology division. Additionally, Ngo will set and execute business and growth strategy with executive leadership.

White identifies the passion of Discovery’s staff and members and the close connections formed at the properties as some of the most successful characteristics of the company. “Discovery’s members and teams include people with a passion for the business I’ve never seen before. It makes me believe that anything is possible for Discovery. I’ve worked 38 years in real estate, and I’ve never been this excited to get up and go to work,” White says.

Discovery’s Chairman and Founder Michael Meldman believes the new additions to the executive leadership will take Discovery to the next level. “These individuals are at the top of their fields, respectively. They are the exact kind of visionaries Discovery needs to grow our brand and to have an even more grand and more positive impact on member families all around the world,” says Meldman.

ABOUT DISCOVERY LAND COMPANY

Discovery Land Company is a US-based real estate developer and operator of private residential club communities and resorts with a world-renowned portfolio of domestic and international properties. Every community features unparalleled amenities and inspired experiences that cater to a family-oriented lifestyle. Driven by a commitment to excellence and innovation, Discovery’s distinguishing hallmark is a unique approach to each location that respectfully integrates the natural and cultural characteristics of the land that surrounds it. Some of Discovery Land Company’s properties include Baker’s Bay Golf and Ocean Club in the Bahamas; Gozzer Ranch Golf and Lake Club in Idaho; El Dorado and Chileno Bay in Los Cabos, Mexico; The Madison Club and Cordevalle Golf Club in California; Mirabel and The Estancia Club in Arizona; Yellowstone Club and Iron Horse Golf Club in Montana; Kuki’o and Makena in Hawaii; Mountaintop in North Carolina; and Summit in Las Vegas, Nevada.

Contacts

Whitney Kenson Kean

media@discoverylandco.com

North America’s Leading Outdoor Living Company Gifts Firepit and Canadian-Made Prize Package to Lucky Homeowners

ATLANTA–(BUSINESS WIRE)–Belgard Canada®, the leader in outdoor living essentials for the patio and beyond, calls on all homeowners to kick off its summer giveaway in honour of Canada Day. Open for entries from May 20 to June 15, homeowners across western Canada can enter to win a Canadian-made Belgard backyard retreat. The prize package consists of a Belgard® Firepit with moon chairs, YETI cooler with tumblers, custom charcuterie board and gifts from local merchants to elevate the outdoor living experience. Eligible homeowners can submit their entry at Belgard.com/CanadaDay for a chance to win the prize.

“Our giveaway is special this year, as the launch of Belgard Canada® is solidifying our footprint throughout the country,” says John Moroz, Director of Sales Operations, Oldcastle APG Canada West. “We are thrilled to see continued growth in the region, while also reflecting on the challenges that past two and half years has been for many families. We are excited to gift a backyard giveaway package to 4 lucky Canadian homeowners this year so they can enjoy the ultimate outdoor retreat.”

To celebrate Canada Day in the great outdoors, Belgard Canada® invites people to nominate a deserving family member, friend, or colleague who could benefit from a backyard upgrade, to enter the giveaway by June 15. For more information, including how enter and to download an outdoor living inspiration guide, visit Belgard.com/CanadaDay. Entries are accepted from residents of British Columbia, Alberta, Saskatchewan and Manitoba.

About Belgard®

Belgard, part of Oldcastle APG, offers a complete collection of paver and wall products for outdoor living spaces, walkways, driveways, parking areas and retaining walls. Available in a range of styles, premium Belgard products have been found in America’s finest homes and award-winning commercial and retail properties since 1995. For more information, visit Belgard.com or call 1-877-Belgard (235-4273).

Oldcastle APG is part of CRH’s Building Products division.

CRH is the leading building materials business in the world, employing c.90,000 people at c.3,700 operating locations in 32 countries. It is the largest building materials business in North America, the largest heavyside materials business in Europe and has a number of strategic positions in the emerging economic regions of Asia and South America. CRH manufactures and supplies a range of integrated building materials, products and innovative solutions which can be found throughout the built environment, from major public infrastructure projects to commercial buildings and residential structures. A Fortune 500 company, CRH is a constituent member of the FTSE 100 index, the EURO STOXX 50 index, the ISEQ 20 and the Dow Jones Sustainability Index (DJSI) Europe. CRH’s American Depositary Shares are listed on the NYSE.

Contacts

Elisa Suri

esuri@trevelinokeller.com
404-214-0722 x 119

DUBLIN–(BUSINESS WIRE)–The “Canada Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026” report has been added to ResearchAndMarkets.com’s offering.

The construction industry in Canada registered an annual growth of 6.1% in real terms in 2021, compared to a decline of 2% in 2020

Last year, the industry’s output was supported by an improvement in residential building construction and civil engineering activities, which registered annual growth of 13% and 1.8%, respectively. Additionally, progress in the country’s vaccination drive, an increase in household incomes and a recovery in the global economy also supported the industry’s growth in 2021.

The publisher expects the Canadian construction industry to expand by 4% in real terms this year, as strong building permit data has underpinned strong growth in 2022. According to Statistics Canada, the value of building permits rose by 8.3% in 2021, with the value of residential buildings rising by 9.1% and that of non-residential buildings rising by 6.8% last year.

The industry’s output will be supported by investments in residential, transport, housing and oil and gas projects. In January 2022, the Canadian Association of Petroleum Producers (CAPP) reported that capital spending in the country’s oil and gas sector is expected to rise by 22% and reach CAD32.8 billion ($26.1 billion) in 2022.

However, the rise in construction material prices, labour shortages and the recent hike in interest rates could pose a downside risk to the industry’s outlook in the initial part of the forecast period. According to Statistics Canada, the residential building construction price index rose by 18.1% in 2021, while that of non-residential buildings rose by 6.9% in the same year.

The industry is expected to register an annual average growth of 2.2% from 2023 to 2026, supported by public project growth as longer-term investment plans come to fruition such as the government’s three-year ‘Growth Plan’, which was announced in October 2020. It includes an investment of CAD10 billion ($7.5 billion) on clean energy projects, broadband projects, building retrofitting, agriculture irrigation projects and electric buses and charging infrastructure.

This plan is a part of the government’s wider long-term infrastructure plan known as the ‘Investing in Canada Plan’; it was launched in 2016 and involves an investment of CAD188 billion ($141.8 billion) over a period of 12 years. As of February 2022, over 78,000 projects worth CAD118.5 billion ($95.7 billion) had been approved, with 98% of them completed or underway.

Scope

• Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Canada, featuring details of key growth drivers
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline
• Listings of major projects, in addition to details of leading contractors and consultants

Key Topics Covered:

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 COVID-19 Status

3.5 Risk Profile

4 Construction Outlook

4.1 All Construction

• Outlook
• Latest news and developments
• Construction Projects Momentum Index

4.2 Commercial Construction

• Outlook
• Project analytics
• Latest news and developments

4.3 Industrial Construction

• Outlook
• Project analytics
• Latest news and developments

4.4 Infrastructure Construction

• Outlook
• Project analytics
• Latest news and developments

4.5 Energy and Utilities Construction

• Outlook
• Project analytics
• Latest news and developments

4.6 Institutional Construction

• Outlook
• Project analytics
• Latest news and developments

4.7 Residential Construction

• Outlook
• Project analytics
• Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

7 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/niepff

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

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