HIP Developments is proud and honoured to have been recognized with a number of awards at the Waterloo Region Home Builders' Association
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.
The 2017 Chair's Award winner, HIP Developments has demonstrated the impact creative redevelopment can have on a community.
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.
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.
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.
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.
Scott Higgins sees unprecedented purchasing patterns
Exciting news out of Waterloo – HIP Developments sold out their new condo, CIRCA 1877, in less than two days!
This is the first high-rise condo in the region to sell out this quickly, proving that the demand for condo living in Waterloo is higher than ever.