News

Sep 12, 2018

WATERLOO — Downtown merchants are beaming after Waterloo council approved controversial condo towers soaring 11 to 24 storeys above King and Regina streets, at Bridgeport Road.

"Something like this seems like the first sign of a lifeboat showing up on the horizon," chef Nick Benninger told council. He operates four downtown restaurants.

"We've gone through some hard times over the years," he said. "We need people, or we don't survive."

Sep 11, 2018

WATERLOO — Waterloo council has endorsed a big plan to redevelop an old post office for more than $100 million.

It includes twin condo towers soaring above Regina and King streets, and plans for a cultural centre for children who are keen on science.

"We're actually creating a heritage building in the uptown and getting rid of an eyesore," Mayor Dave Jaworsky said when council voted 6-1 Monday to approve the project at 70 King St. N. at the corner of Bridgeport Road.

Sep 5, 2018

The mixed-use Gaslight District project will showcase more of the site's heritage features following a settlement between the developer and local heritage advocates.

Apr 27, 2018

HIP Developments is proud and honoured to have been recognized with a number of awards at the Waterloo Region Home Builders' Association

Apr 25, 2018

A new development at the corner of King and Bridgeport in uptown Waterloo will include space for a science centre.

The building at 70 King St. N., where a former post office currently stands, will include two condo towers as well as five floors for a centre by the new group Launch Waterloo. That group is dedicated to STEAM (science, technology, engineering arts and math) programs in Waterloo region.

Apr 24, 2018

The 2017 Chair's Award winner, HIP Developments has demonstrated the impact creative redevelopment can have on a community.

Mar 8, 2018

Conestoga College says its new applied research hub, set to open in west Galt in June, is gathering unexpected momentum.

Cambridge city council didn't want to mess with that.

So, with a 6-2 vote on Tuesday night, council agreed to a college request that the city immediately pay the final $400,000 of a promised city contribution to the applied research hub, which will be part of the Grand Innovations tech incubator in a former Tiger Brand building.

The sped-up payment to the college was difficult for council to reject.

Mar 1, 2018

Conestoga College’s new Applied Innovations Hub, at 64 Grand Ave., in Cambridge’s new Gaslight District got a jump start from the province Friday.

Cambridge MPP Kathryn McGarry, joined city and college officials along with the business community to announce that the yet to open facility, which is part of the Grand Innovations incubator hub, will receive $1.3 million from the Colleges Applied Research and Development Fund (CARDF). The college is one of 22 colleges across the province receiving CARDF funding.

Jan 29, 2018

The City of Cambridge’s economic development department is on the move and will become part of the Grand Innovations Technology Hub being created in the former Tiger Brand building at the corner of Grand Avenue and Cedar Street.

During Tuesday’s meeting council approved the move to create the new Invest Cambridge office in leased space within the tech hub. The city will sign a five-year lease with Grand & Cedar Inc. and Grand Innovations Inc. costing $48,420 annually.

Jan 8, 2018

It has been a big year for HIP Developments, the Waterloo Region development company undertaking two major projects in Cambridge.

In the city’s north end, HIP is transforming Hespeler’s sleepy downtown core with its $50 million redevelopment of the former Jacob Hespeler industrial complex. Out of the dust of several demolished stone structures has risen Riverview, a 10-storey rental apartment overlooking the Speed River and the old millpond. To date many of the building’s roughly 150 units have been leased and officials say it is well on its way to full occupancy.

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