US EditionDevelopment Is Back? UTPro Reports a Big Jump in Proposals in Q1 2025
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Development Is Back? UTPro Reports a Big Jump in Proposals in Q1 2025
After several quarters of lukewarm activity, new development proposal activity in Toronto appears to have turned a corner, with application volumes and proposed floor areas rebounding strongly in the first quarter of 2025. Three new data sets from UrbanToronto’s UTPro service highlight record-setting residential proposals, a rising tally of new projects and gross floor area (GFA), and a growing diversity in project types. Yet despite these indic…
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