Latest news with #TOD
Broadcast Pro
a day ago
- Entertainment
- Broadcast Pro
TOD Studios announces second season of Turkish series ‘Doors of Destiny'
The series is directed by Yunus Ozan Korkut, with the script written by Ozan and Sinan Yurdakul. TOD, the premier digital entertainment platform known for its premium original productions under the TOD Studios banner, has announced the second season of its Turkish series Doors of Destiny. The first season of the series became a regional phenomenon, praised for its storytelling and gripping suspense. Building on that momentum, the second season is set to deliver even more intense drama, surprising twists, and deeper character development. Leading stars Birkan Sokullu and Esra Bilgiç return to headline the cast, joined by Şükrü Özyıldız, Meral Çetinkaya, İbrahim Selim, Elçin Afacan, Elif Aksu, Enes Külahçı, Mehmet Bilge Aslan, Kaan Turgut, Çiçek Acar and Mehmet Kurtuluş. The new season is directed by Yunus Ozan Korkut, with writing by Korkut and Sinan Yurdakul. It is produced by Medyapım and released exclusively under the TOD Studios label. Season 2 explores complex themes of identity, betrayal, and redemption, continuing the emotionally rich narrative that made the series a standout across the Middle East and North Africa. Doors of Destiny second season will premiere exclusively on TOD, further cementing the platform's reputation for delivering Turkish drama alongside a growing portfolio of regional and international content.
Yahoo
5 days ago
- Business
- Yahoo
$20 million property trend creating sea of overnight multi-millionaires: 'Can be very lucrative'
Australian homeowners are becoming far richer thanks to a wild new property trend. Instead of selling just your humble abode, neighbours are banding together to sell their block to developers for much more money. That's what six houses on Mena Street in Sydney's North Strathfield are doing, and they could sell for a collective $20 million. Michael Murphy from McGrath Strathfield organised the deal and told Yahoo Finance home owners may not realise that recent rezoning had created new opportunities for residents to cash in on the trend. Murphy said the North Strathfield group was "quite opened-minded" when approached. Controversial mortgage practice costs homebuyer $30,000 after tiny pay increase: 'Unfair' Coles shopper 'stunned' after getting $50 item free due to little-known rule: 'Insane' Dad with no savings reveals surprising money message for struggling Aussies: 'Living pay to pay' He revealed that a home in the area, which the agent admitted wasn't as nice as the houses in this sextet, recently sold for just under $2.2 million. If they tried to go it alone, they could get a touch more than that, depending on buyer appetite. However, selling as a group means each household stands to earn $3.3 area where these six homes are in has recently been rezoned as part of the NSW government's Transport Oriented Development (TOD) Program. There are several regions across the city caught up in the program, which is designed to increase housing supply near new transport hubs. A new metro station is set to be created in North Strathfield and rezoning the area allows for more high-density living projects to be created. This isn't the only sale of its kind in the suburb at the moment, with another nearby lot encompassing 16 houses on three different streets. Similar state government programs in the past have spurred this type of property trend. NSW's Urban Activation Precinct Plan saw a group consisting of 25 homes in Sydney's Castle Hill try to sell their lot to a developer for an eye-watering $100 million in 2016. There was another group in the same suburb in the same year that had 90 homes in the collective, in a deal worth $360 million. Each individual homeowner for both deals were set to earn around $4 million each, which was nearly four times what the average house price of the suburb was nine years ago. John McGrath, from McGrath Real Estate, said at the time that this "megalot" trend is a win-win for everyone. "The great news is that separate to the actual need for more medium-to-high density living to simply fit everyone in; a lot of people actually want to live in apartments over houses these days anyway," he wrote. "So it's a great marriage between the practical needs of growing cities and the lifestyle preferences of their residents." Murphy told Yahoo Finance that these deals are all unique in how they're created. Sometimes the neighbours will do the hard work themselves by convincing each other to sell as a group. Other times, it's up to the real estate agents to see if they can get a group going, while developers have also been known to door-knock homes in an area to see if there's any appetite. "For some homes in the area that have been newly built and may be on smaller blocks, it's not as lucrative," he said. "But if they're on a decent land parcel with more of an original style home, then there's definitely a major uplift." He added that 171 areas have been rezoned recently across Sydney to allow for these megalot deals to happen within 800 metres of a town centre or train station. Murphy said if you live in one of those rezoned areas, it's worth speaking to a town planner, real estate agent, solicitor or council representative to understand how their land value might have changed as a result. "Every owner's circumstances is different, and they obviously need to weigh up what's best for their scenario," he told Yahoo Finance. But the agent revealed there is one small downside to selling as a group to a developer rather than just by yourself. "Selling to a developer is generally a longer settlement period. A normal settlement periods is around that 42 day or six week mark. "However, for an amalgamation, generally, it could be anywhere ranging from six months up to 24 months. "Most developers will will want a longer settlement period so that they can organise funding and start to prepare their development application with a local council." He said some deals have been done faster than that time frame, but usually it takes a lot of moving parts to align for the deal to be fully in to access your portfolio
New Indian Express
21-05-2025
- General
- New Indian Express
One-third of Delhi commuters deprived of public bus stops, says study
NEW DELHI: About one-third of Delhi's neighbourhoods lack convenient access to public bus stops within a 500-meter radius, which is considered the standard for walkable access under India's Transit-Oriented Development (TOD) policy. Furthermore, Delhi's major roads are primarily served by long-haul buses, even though most commuters travel less than 4 kilometres for their daily trips. These long-haul buses are often impractical for use in densely populated areas, rendering them ineffective for many residents. These issues were highlighted in a recent study conducted by the International Council on Clean Transportation (ICCT), an independent environmental research organisation. The ICCT also noted Delhi's significant progress in expanding its metro network and introducing new buses through various government initiatives. However, access to affordable and reliable local transportation continues to be limited for many residents. It found that nearly one-third of Delhi's urban area lacks convenient access to formal bus services. For thousands of residents, daily mobility often involves long walks or costly last-mile connections, conditions that discourage public transport use and contribute to congestion and pollution.
The Advertiser
19-05-2025
- Business
- The Advertiser
More than 20 Hunter residential developments apply for streamlined status
More than 20 large residential developments in the Hunter have been put forward to the government's new Housing Delivery Authority (HDA), in an effort to boost local housing supply by streamlining the planning process. In less than six months, 22 Hunter projects have been submitted to the HDA. Of those, 12 have been assessed and four have been declared a State Significant Development which if approved would create more than 400 dwellings in total. A 12-storey, 140-apartment complex has been proposed for the old Channel 10 building on Darby Street, while the Ibis Hotel at 700 Hunter Street could be demolished to make way for 165 units. The plans for a medium-density 56-unit building in the heart of Nelson Bay and a 50-apartment building on the corner of Maitland Road and May Street in Islington have also been declared state significant. NSW Department of Planning, Housing and Infrastructure secretary Kiersten Fishburn said the HDA take up by Hunter developers had "been quite extraordinary". "Historical data shows there are typically 80 to 100 developments of this nature submitted each year across the state, so to already have 22 in the Hunter alone is not an insignificant amount," Ms Fishburn said. The HDA assessed developments against specific criteria including being well located and free of constraints, while applications with an affordable housing aspect will be "looked upon favourably". Once declared state significant, projects must begin the planning process within nine months. Once approved, construction must start within two years. Ms Fishburn, who also sits on the HDA panel, insisted the process was not a "tick and flick" and several Hunter applications had already been knocked back. The HDA is expected to work hand in glove with the Transport Oriented Development (TOD) program, which allows for six- to eight-storey apartment buildings within 400 metres of selected train stations. Developers are yet to show any interest in the nine Newcastle and Lake Macquarie TODs, however Ms Fishburn is not concerned. Sydney TODs had recently seen a "rapid response" from developers and she "anticipated much the same in the Hunter". "It only came into place nine months ago, so it takes a while for any rezoning or planning change to take effect," she said. "Developers need to find the land, purchase blocks and get a development application together, which all takes time." The only TOD to show progress in the Hunter is Cockle Creek, where a plan led by the state government would deliver 1200 medium-density homes on the 12-hectare site next to Costco if approved. Ms Fishburn hoped the project, which is being developed by the government's Hunter and Central Coast Development Corporation, would be a shining example of what could be achieved within the region's TODs. "The beauty is when we've got government land, it gives us the opportunity for a best-practice development," she said. More than 20 large residential developments in the Hunter have been put forward to the government's new Housing Delivery Authority (HDA), in an effort to boost local housing supply by streamlining the planning process. In less than six months, 22 Hunter projects have been submitted to the HDA. Of those, 12 have been assessed and four have been declared a State Significant Development which if approved would create more than 400 dwellings in total. A 12-storey, 140-apartment complex has been proposed for the old Channel 10 building on Darby Street, while the Ibis Hotel at 700 Hunter Street could be demolished to make way for 165 units. The plans for a medium-density 56-unit building in the heart of Nelson Bay and a 50-apartment building on the corner of Maitland Road and May Street in Islington have also been declared state significant. NSW Department of Planning, Housing and Infrastructure secretary Kiersten Fishburn said the HDA take up by Hunter developers had "been quite extraordinary". "Historical data shows there are typically 80 to 100 developments of this nature submitted each year across the state, so to already have 22 in the Hunter alone is not an insignificant amount," Ms Fishburn said. The HDA assessed developments against specific criteria including being well located and free of constraints, while applications with an affordable housing aspect will be "looked upon favourably". Once declared state significant, projects must begin the planning process within nine months. Once approved, construction must start within two years. Ms Fishburn, who also sits on the HDA panel, insisted the process was not a "tick and flick" and several Hunter applications had already been knocked back. The HDA is expected to work hand in glove with the Transport Oriented Development (TOD) program, which allows for six- to eight-storey apartment buildings within 400 metres of selected train stations. Developers are yet to show any interest in the nine Newcastle and Lake Macquarie TODs, however Ms Fishburn is not concerned. Sydney TODs had recently seen a "rapid response" from developers and she "anticipated much the same in the Hunter". "It only came into place nine months ago, so it takes a while for any rezoning or planning change to take effect," she said. "Developers need to find the land, purchase blocks and get a development application together, which all takes time." The only TOD to show progress in the Hunter is Cockle Creek, where a plan led by the state government would deliver 1200 medium-density homes on the 12-hectare site next to Costco if approved. Ms Fishburn hoped the project, which is being developed by the government's Hunter and Central Coast Development Corporation, would be a shining example of what could be achieved within the region's TODs. "The beauty is when we've got government land, it gives us the opportunity for a best-practice development," she said. More than 20 large residential developments in the Hunter have been put forward to the government's new Housing Delivery Authority (HDA), in an effort to boost local housing supply by streamlining the planning process. In less than six months, 22 Hunter projects have been submitted to the HDA. Of those, 12 have been assessed and four have been declared a State Significant Development which if approved would create more than 400 dwellings in total. A 12-storey, 140-apartment complex has been proposed for the old Channel 10 building on Darby Street, while the Ibis Hotel at 700 Hunter Street could be demolished to make way for 165 units. The plans for a medium-density 56-unit building in the heart of Nelson Bay and a 50-apartment building on the corner of Maitland Road and May Street in Islington have also been declared state significant. NSW Department of Planning, Housing and Infrastructure secretary Kiersten Fishburn said the HDA take up by Hunter developers had "been quite extraordinary". "Historical data shows there are typically 80 to 100 developments of this nature submitted each year across the state, so to already have 22 in the Hunter alone is not an insignificant amount," Ms Fishburn said. The HDA assessed developments against specific criteria including being well located and free of constraints, while applications with an affordable housing aspect will be "looked upon favourably". Once declared state significant, projects must begin the planning process within nine months. Once approved, construction must start within two years. Ms Fishburn, who also sits on the HDA panel, insisted the process was not a "tick and flick" and several Hunter applications had already been knocked back. The HDA is expected to work hand in glove with the Transport Oriented Development (TOD) program, which allows for six- to eight-storey apartment buildings within 400 metres of selected train stations. Developers are yet to show any interest in the nine Newcastle and Lake Macquarie TODs, however Ms Fishburn is not concerned. Sydney TODs had recently seen a "rapid response" from developers and she "anticipated much the same in the Hunter". "It only came into place nine months ago, so it takes a while for any rezoning or planning change to take effect," she said. "Developers need to find the land, purchase blocks and get a development application together, which all takes time." The only TOD to show progress in the Hunter is Cockle Creek, where a plan led by the state government would deliver 1200 medium-density homes on the 12-hectare site next to Costco if approved. Ms Fishburn hoped the project, which is being developed by the government's Hunter and Central Coast Development Corporation, would be a shining example of what could be achieved within the region's TODs. "The beauty is when we've got government land, it gives us the opportunity for a best-practice development," she said. More than 20 large residential developments in the Hunter have been put forward to the government's new Housing Delivery Authority (HDA), in an effort to boost local housing supply by streamlining the planning process. In less than six months, 22 Hunter projects have been submitted to the HDA. Of those, 12 have been assessed and four have been declared a State Significant Development which if approved would create more than 400 dwellings in total. A 12-storey, 140-apartment complex has been proposed for the old Channel 10 building on Darby Street, while the Ibis Hotel at 700 Hunter Street could be demolished to make way for 165 units. The plans for a medium-density 56-unit building in the heart of Nelson Bay and a 50-apartment building on the corner of Maitland Road and May Street in Islington have also been declared state significant. NSW Department of Planning, Housing and Infrastructure secretary Kiersten Fishburn said the HDA take up by Hunter developers had "been quite extraordinary". "Historical data shows there are typically 80 to 100 developments of this nature submitted each year across the state, so to already have 22 in the Hunter alone is not an insignificant amount," Ms Fishburn said. The HDA assessed developments against specific criteria including being well located and free of constraints, while applications with an affordable housing aspect will be "looked upon favourably". Once declared state significant, projects must begin the planning process within nine months. Once approved, construction must start within two years. Ms Fishburn, who also sits on the HDA panel, insisted the process was not a "tick and flick" and several Hunter applications had already been knocked back. The HDA is expected to work hand in glove with the Transport Oriented Development (TOD) program, which allows for six- to eight-storey apartment buildings within 400 metres of selected train stations. Developers are yet to show any interest in the nine Newcastle and Lake Macquarie TODs, however Ms Fishburn is not concerned. Sydney TODs had recently seen a "rapid response" from developers and she "anticipated much the same in the Hunter". "It only came into place nine months ago, so it takes a while for any rezoning or planning change to take effect," she said. "Developers need to find the land, purchase blocks and get a development application together, which all takes time." The only TOD to show progress in the Hunter is Cockle Creek, where a plan led by the state government would deliver 1200 medium-density homes on the 12-hectare site next to Costco if approved. Ms Fishburn hoped the project, which is being developed by the government's Hunter and Central Coast Development Corporation, would be a shining example of what could be achieved within the region's TODs. "The beauty is when we've got government land, it gives us the opportunity for a best-practice development," she said.
Cision Canada
15-05-2025
- Business
- Cision Canada
249 new housing units in Saint-Laurent
Quorum launches construction of a sustainable and affordable project in the heart of Montreal MONTREAL, May 15, 2025 /CNW/ - During a groundbreaking ceremony attended by notable figures such as Emmanuella Lambropoulos, the federal Member of Parliament for Saint-Laurent; Alan DeSousa, the Mayor of Saint-Laurent; Vana Nazarian, City Councillor for the Côte-de-Liesse district; and Aref Salem, City Councillor for the Norman-McLaren district, Quorum announced the launch of its Dalia project. This residential complex will feature 249 rental units on the site of the former Valeant factory at 1956 Bourdon Street in the Saint-Laurent borough. Scheduled for completion in the summer of 2026, the project aims to provide sustainable and affordable housing, while seamlessly integrating into the urban landscape. Notably, a community consultation was conducted during the design phase to ensure alignment with local needs. The first phase, a seven-story multifamily building with 139 units, is currently under construction. The remaining three buildings, each three stories tall, will collectively offer an additional 110 units. IMAGES: CLICK HERE Located just steps from public transportation in a Transit-Oriented Development (TOD) area, as well as nearby parks and major employment centres, the Dalia project has garnered support from the borough, local stakeholders, and residents. The Government of Canada has provided substantial financial backing of $93 million through the Canada Mortgage and Housing Corporation's (CMHC) Rental Construction Financing initiative, helping to bring this vision of modern, responsible housing to life. The project is distinguished by its strong commitment to sustainable development. It is designed to achieve LEED certification and will incorporate a geothermal system, with a significant portion of the structure constructed using wood to minimize its carbon footprint. From the outset, recycling practices for construction material waste will be implemented. Several units will adhere to universal accessibility standards, ensuring inclusivity. Additionally, a community garden will be established on the rooftop, and a bike path will connect the neighbourhood to the nearby metro station. Highlights 249 rental housing units Solar panels on all buildings Geothermal energy as the energy source for the entire site Energy performance for each building 50% higher than the standards required by the energy code Land allocation for the development of a multifunctional bike path along the railway and a public easement on the Dalia project site to connect the neighbourhood to the Du Collège metro station via Bourdon Street More than 45% of the area dedicated to green space Community gardens on the roof of the seven-story multifamily building Land allocation to the adjacent school to allow for the expansion of its playground, benefiting the well-being of children Development of an embankment and a sound barrier adjacent to the railway on the Dalia site and on half of the school's property Quotes "I want to emphasize the dedication and innovation demonstrated by my team, along with the invaluable collaboration and support from the Saint-Laurent borough and numerous local stakeholders, which have enabled this project to advance efficiently. This collective effort is essential, almost vital, when striving to realize affordable projects with multiple sustainable development components." - Maxime Laporte, Partner and Director of Development, Quorum. "I am very proud to be part of the launch of Dalia in our area. By aiming for LEED Gold and Silver certifications, this project sets a new standard for developing affordable and sustainable housing. Moreover, by transforming an industrial site into a green residential neighbourhood, this project will help reduce heat islands and enhance our resilience to climate change. Situated within a TOD area, it will promote active transportation, exemplified by its new multifunctional bike path accessible to the entire community. This will also help open up this sector and continue our tradition of welcoming new families, as well as our passion for innovation and architectural excellence." - Alan DeSousa, Mayor of Saint-Laurent. "The Dalia project perfectly represents the type of initiative our government aims to support—affordable, sustainable housing that is well integrated into our community. I am pleased to have collaborated with Groupe Quorum to support their request for $93 million in funding from the CMHC for the development of affordable housing in Saint-Laurent. It is crucial to build communities where people can thrive, while considering sustainable development and accessibility. I am proud that this innovative project is coming to life here, greatly benefiting families, seniors, and young people in our community." - Emmanuella Lambropoulos, Member of Parliament for Saint-Laurent. "I am thrilled about the construction of sustainable and affordable housing for families in Saint-Laurent. This new real estate project of 249 units will help alleviate the effects of the housing crisis within my riding. It will provide residents with pleasant spaces close to public transportation, while reducing their environmental footprint. I commend the teams that participated in the various stages, ensuring this new living environment comes to fruition." - Marwah Rizqy, Member of the National Assembly for Saint-Laurent. About Quorum Quorum, a family-owned real estate developer based in Montreal for over 40 years, holds the prestigious Diamond Palm Master Builder award from the APCHQ. As a pioneer in the design, construction, management, and promotion of affordable, high-quality residential projects, Quorum has successfully delivered over 6,000 housing units in Greater Montreal and beyond. The company is celebrated for its expertise, comprehensive service, and meticulous attention to detail, creating projects that offer substantial value to the communities it serves. With a strong commitment to social responsibility, Quorum actively supports programs and initiatives that focus on fostering entrepreneurial youth and promoting academic perseverance. SOURCE Quorum
