Quadreal, Mattamy Homes Kick off $6 Billion Project in Toronto

September 3, 2024

First Phase of Shopping Mall Redevelopment to Include Condo Tower

The real estate arm of British Columbia’s largest pension fund is joining with a large homebuilder in launching a $6 billion redevelopment project in a west-end Toronto neighbourhood.

Vancouver-based QuadReal Property Group, the entity that manages the real estate of British Columbia Management Corp., recently kicked off the first phase of the Cloverdale Mall redevelopment with Toronto-based Mattamy Homes.

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