Hines is a massive multinational investment company that operates on a global scale. They are an American company that has business representation in 192 municipalities across 20 different cities. They’re an award winning company taking home the 2002 visionary Urban Development Award from the Urban Land Institute, as well as the 2010 Speculative Office of the Year Award, the 2010 Transaction of the Year Award, and the 2008 Office Developer of the Year Award, all from NAIOP.
They launched in Canada in 2004, and since then they have developed or acquired over 10 million square feet of space and have offices in Toronto, Edmonton, and Calgary. Their international representation allows them to maintain an incredibly varied development portfolio. They have office, retail, residential, and mixed use projects either completed or in various stages of development.
They have enjoyed international success and have a staggering number to back it up. They have $93.2 billion of assets under management, and have pursued 51 investment vehicles since 1991. They have over 600 high-end net worth individuals working for them with 185 institutions under their corporate umbrella. This tremendous success is guided by their decades of experience and their commitment to an entrepreneurial spirit. They are a global fiduciary, meaning they look to protect their many investors from across the globe. Unlike other developers who aren’t as prolific, they are able acquire, develop, or redevelop projects across different property types.
The major contributing factor to their success is their capabilities in researching. They have a Boston based Proprietary Research Group which allows them to survey the global economic climate, and allows the to predict trends and cycles. They are able to determine the best spots to develop across the globe, but they also recognize that each city may have inner working minutiae that can’t be determined from a central location in Boston.
This is why they also depend on their local offices that allow them to learn local news and prospective projects. In short, they are able to operate on a local level while simultaneously delivering on a global scale.
They are becoming quite active in Toronto. In 2007 they acquired Atrium on Bay. Under Hines’ stewardship, they were able to renovate the shopping centre and create $95 million in value for their investors before unloading the asset in 2011. Now they’re working on developing condos along Toronto’s waterfront. Their Bayside development project is bringing multiple condos to Toronto’s waterfront.
Their Aqualina and Aquavista condominium buildings are going to provide waterfront property with views of Lake Ontario, and also offer residents a chance to live in chic modern buildings in Toronto’s coveted East End.
This developer couldn’t get much bigger. They are a multi-billion dollar company, and they look to protect their investor’s interests. They have some of the best researching capabilities in the world, so as Toronto grows into a global city, we can expect to see their name on more projects in this city in the future. They will work to define and redefine the cityscape and and culture of the city.
AVIVA Coral Gables
This mid-rise offers residents luxury accommodations in sunny South Miami, Florida. The units include private balconies, custom Italian cabinetry in the kitchens and bathrooms, and stainless steel appliances. Amenities include a saltwater pool, spin room, exercise room, coffee bar, gated garage parking, and a spa. This building offers beautiful landscape and is only a few blocks away from the rail line. It is located at 3880 Bird Road and construction was completed in 2014.
This mid-rise is located in a suburb of Boston, Massachusetts and it provides luxury living for its residents. It stands at 6 storeys tall and has 227 units, all of which include open style floor plans, oversized balconies, walk-in linen closets, stainless steel Energy Star appliances, and are LEED Certified. Amenities include a sundeck, yoga studio, reading lounge, and landscaped courtyard. It is located at 165 Cambridge Park Drive and it was completed in 2015.
The Residences at CityCentre
These condos bring modern luxury living to downtown Washington DC. The units provide ample natural light with their floor to ceiling windows, but if you’re looking for a dimmer atmosphere, you can activate the solar shade on the building’s facade. The kitchens feature top of the line Molteni cabinetry which blend the environment of the condos together, and every unit offers spacious balconies. Amenities include a concierge, executive room, yoga studio, bar lounge and outdoor fire pit. It’s address is 920 Street Northwest, and construction was completed in 2013.
All New Condo Developments By Hines