Developments

Since inception in 1996, H&R REIT has developed numerous properties including; The Bow and Transcanada Tower in Calgary, AB, the Bell Canada and Bell Mobility Campus in Mississauga, ON, various industrial properties across the GTA and the recently completed Jackson Park, in Long Island City, NY. Currently, H&R has a substantial development pipeline of properties located in both Canada and the United States.

River Landing

  • 373,000 sf of retail space, 118,000 sf of office space and 528 residential rental units
  • Construction has commenced and is expected to be completed by Q3 2020
  • Expected total cost of project: U.S. $467.9M
  • H&R Ownership Interest: 100%
  • Residential - https://lantowerriverlanding.com
  • Retail - http://riverlandingmiami.com

The largest current project in H&R’s development pipeline is River Landing, an urban in-fill mixed use development site in Miami, Florida, which is adjacent to the Health District with approximately 1,000 feet of waterfront on the Miami River, two miles from downtown Miami. The total cost of the project remains on budget at U.S. $467.9 million and as at March 31, 2020 approximately U.S. $397.1 million had been invested in the development. Major retail tenants include Publix, Hobby Lobby, TJ Maxx, Burlington, Ross and Old Navy.

River Landing Gallery

Shoreline Gateway

  • 35-storey residential tower consisting of 315 luxury residential rental units and 6,450 sf of retail space.
  • Construction has commenced and is expected to be completed by Q2 2021
  • Expected total cost of project: U.S. $227.1M
  • H&R Ownership Interest: 31.2%

Shoreline Gateway is a beachfront apartment high-rise community with panoramic ocean views located in Downtown Long Beach, California. It will be one of only two coastal high-rise apartment buildings built in L.A. County since the 1960’s, offering one of the most walkable locations in all of Southern California. As the tallest residential tower in the City, Shoreline Gateway will offer unparalleled 360-degree views of Long Beach, Catalina Island, Orange County and Downtown Los Angeles. Shoreline Gateway is the first LEED-ND (Neighborhood Design) project in the City of Long Beach.

Shoreline Gateway Gallery

Hercules Project (Phase 1)

  • 172 residential rental units and 13,979 sf of retail space
  • Construction has commenced and is expected to be completed by Q2 2020
  • Expected total cost of project: U.S. $82.1M
  • H&R Ownership Interest: 31.7%
  • https://www.theexchangebayfront.com/

Phase 1, known as The Exchange at Bayfront is the first phase in a multi-phase transit oriented development project spanning over 38 acres in the new Waterfront District of Downtown Hercules, California. This mixed-use project sits on 2.2 acres and will be 4-stories over a one-level subterranean parking garage. This project will have expansive views of San Pablo Bay and Refugio Creek.

Hercules Project (Phase 1) Gallery

Hercules Project (Phase 2)

  • 232 residential rental units
  • Construction has commenced and is expected to be completed by Q1 2021
  • Expected total cost of project: U.S. $98.4M
  • H&R Ownership Interest: 31.7%

Phase 2, known as The Grand at Bayfront is the second phase of the Hercules Project. It is situated on 2.8 acres and is located north/northeast of Phase 1 in Hercules Bayfront, overlooking Refugio Creek open space. This complex will have a state of the art fitness centre, bike shop, resident lounge and sporting club. Future phases will be announced as further development information becomes available.

Hercules Project (Phase 2) Gallery

The Pearl

  • 383 residential rental units
  • Construction has commenced and is expected to be completed by Q4 2020
  • Expected total cost of project:U.S. $69.7M
  • H&R Ownership Interest: 33.3%

Located in Austin, Texas, the Pearl sits on approximately 5.0 acres and will be 4-stories. The site is close to major technology employers including Apple, IBM, Oracle and Samsung as well as the University of Texas at Austin and downtown Austin.

The Pearl Gallery

Nightingale

  • 263 residential rental units
  • Construction has commenced and is expected to be completed by Q1 2021
  • Expected total cost of project: U.S. $95.7M
  • H&R Ownership Interest: 33.3%

Located in Seattle, Washington, Nightingale is part of the Esterra Park master planned community which is adjacent to the Microsoft campus and the new Overlake Light Rail transit Station. Esterra Park includes over 2,600 new residential rental units in six different communities, a 246,000 square foot Class A high-tech office building, a 3-acre park, and a 285-room Westin Hotel.

Nightingale Gallery

Industrial Lands

  • Three industrial buildings totalling 526,000 square feet
  • Construction has commenced in Q2 2019 and with the the first building expected to be completed by Q4 2020
  • Expected total cost of project: $83.0M
  • H&R Ownership Interest: 100%

Located in Caledon, Ontario, H&R owns 144 acres which is being held for development for up to 2.7 million square feet of industrial space. The site is located next to Highway 410 Interchange and is ideal for manufacturing or warehouse facilities. Construction commenced on the first three buildings and H&R recently completed a 10-year lease with Deutsche Post AG to occupy the largest of the three buildings totalling 342,821 square feet.

Industrial Lands Gallery

Future Intensification Opportunities

H&R also has numerous office and retail properties which have significant future intensification opportunities.

Dufferin Grove Village

  • 4 residential towers ranging in heights from 14 to 39 stories consisting of 1,135 units and 125,281 sf of retail space.
  • Official Plan Amendment and Rezoning application submitted in Q3 2019
  • H&R Ownership Interest: 100%

Dufferin Grove Village is H&R’s vision for the redevelopment of Dufferin Mall’s northernmost parking area, and it represents the creation of an urban and dynamic mixed-use neighbourhood, in one of Toronto’s most desirable neighbourhoods. This new community is in direct proximity to Dufferin Station on the TTC’s Bloor Line, and it introduces a mix of residential and commercial uses.  In addition to providing 1,135 residential units and 125,281 square feet of retail space, a public park is also proposed which will act as a link between Dufferin Grove Village and the surrounding green spaces. Once complete, Dufferin Grove Village will offer our new residents fantastic access to public transportation, shopping, parks and other neighbourhood amenities.

Dufferin Grove Village Gallery

145 Wellington St. W.

  • 65-storey mixed-use tower consisting of 476 residential units, 157,581 sf of office and 1,722 sf of retail space
  • Rezoning application submitted in Q3 2019
  • H&R Ownership Interest: 100%

145 Wellington St. W. is located at the interface between Toronto’s Financial District and Entertainment District. The redevelopment contemplates the demolition of an existing 13 storey office building and the construction of an architecturally significant, 65 storey tower with 476 units, 157,581 square feet of office space and 1,722 square feet of retail space. The proximity to adjacent employment, entertainment, sports and numerous transportation options results in an unrivalled place to live, work and play. The tower will provide residents with spectacular views of the downtown core and Lake Ontario and will become a notable address to live and work.

145 Wellington Village Gallery