Redevelopment continues with exciting addition to compliment mixed-use development

LONDON, Ontario, October 28, 2020 – McCOR Management today announced that the YMCA of Southwestern Ontario will open a 5,400 sq. ft. Newcomer and Community Services centre at Westmount Shopping Centre with an anticipated year-end commencement.  The addition of this essential community service will provide a unique offering within McCOR’s development strategy as the next chapter continues in this mixed-use development.

McCOR Management, alongside investment partners CCI Corpfin Capital Inc. and KingSett Capital, have begun a dramatic multi-million dollar makeover of this historic property.  Unfolding over three phases, Westmount Shopping Centre advances to meet the changing needs of a growing neighbourhood.

“We are pleased that the YMCA of Southwestern Ontario shares our vision of making Westmount an everyday hub for the neighbourhood as a community destination for all their needs,” said Luc Corneli, Principal and Founder, McCOR Management. 

The YMCA of Southwestern Ontario has been serving newcomers to Canada since 1948 when it began delivering services in Windsor and Essex County and is very excited to be opening a new location for its Newcomer and Community Services programming at the Westmount Shopping Centre sometime later this year after renovations have been completed.

The YMCA will be offering programming for newcomers to Canada, funded by Immigration, Refugees and Citizenship Canada, which will include a Language Skills program that will support approximately 80 – 100 adult students in their English language learning.  The language program will be supported by a Care for Newcomer Children program which will provide childcare opportunities for students studying English on-site.

“We are very excited to add the Westmount location to our suite of services available in the London area. We will be offering classes ranging from our literacy through to a CLB 6 level,” said Andrew Lockie, CEO of the YMCA of Southwestern Ontario, “We will also be offering our Care for Newcomer Children program to help support those parents who have preschool children attend classes. Although classes are presently being delivered virtually, we are very excited to get back into delivering in-person classes.”

An official opening date for the YMCA of Southwestern Ontario – Newcomer and Community Services will be announced in the coming months.

For more information and interview requests, please contact:

April Herlick

Property Manager, Westmount Shopping Centre:  519 641 0976

Jacquie Rumiel

VP Newcomer and Community Services, YMCA of Southwestern Ontario: 519 257 1077

About Westmount Shopping Centre

In the heart of Canada’s first planned community, originally developed by legendary builder Mowbray Sifton, in London, Ontario, Westmount Shopping Centre is being reimagined by McCOR Management in partnership with CCI Corpfin Capital Inc. and KingSett Capital.  Rolling out over three phases, Westmount will be reborn as a community hub to support the needs of an active and engaged neighbourhood – a place to live, work, learn, play, and shop.  The Westmount project is poised to help write the next great chapter in mixed-use development.

About YMCA

YMCA of Southwestern Ontario is a registered charity dedicated to the growth of all persons in spirit, mind and body and has been serving Southwestern Ontario for nearly 170 years.  For more information, please visit the at www.ymcaswo.ca

About McCOR Management

McCOR Management has offices in Calgary, Edmonton, Gatineau, Laval, Regina, Toronto, Vancouver and Winnipeg, offering the national reach needed to best serve leading investors and occupiers whilst retaining the local expertise to accommodate smaller firms and sole proprietorships competitively.  The formation of McCOR Management creates one of Canada’s largest privately-owned real estate development and property management companies, with over $3-billion of assets under management.

For further information about CCI Corpfin Capital, visit www.corpfincapital.ca

For further information about KingSett Capital, visit www.kingsettcapital.com

We are pleased to announce the re-opening of the VIP theatres at Cineplex Odeon, Westmount Shopping Centre as of August 21st. This follows the successful re-launch of their general theatres on August 14. For more information or to purchase tickets, click on the link below.
https://www.cineplex.com/Theatre/cineplex-odeon-westmount-cinemas-and-vip

McCOR Management, CCI Corpfin Captial and KingSett Capital deliver value to tenants through best-in-class digital connectivity

WINNIPEG, Manitoba, July 2020 – McCOR Management announced today that 330 Portage Avenue has been awarded Wired Certified Silver, making it the first office property in Winnipeg to achieve the international standard of digital connectivity for commercial properties. The 18-storey downtown office building is managed by McCOR Management and owned by KingSett Capital and Corpfin Capital.  

Wired Certification is an internationally recognized standard that proves a commercial building has strong, competitive internet capabilities. WiredScore, the company behind the Wired Certification, assesses commercial buildings around the globe to evaluate their internet connectivity to create a standardized scoring system for use by landlords and tenants. In October 2017, Wired Certification came to Canada using Toronto as its flagship market. Demand from forward-thinking commercial real estate organizations, such as McCOR Management, KingSett Capital and Corpfin Capital, has seen the certification platform quickly expand across the country into new markets including Montreal, Vancouver, Calgary, Edmonton, Ottawa and now, Winnipeg.  

While having strong internet connectivity might seem like an obvious building feature in 2020, many offices are still not competitive with the digital connectivity requirements of today’s office tenants, and, tenants are losing productivity and money because of it.   

“Connectivity is no longer a nice-to-have, or an after-thought, but a critical pillar of the office experience for today's businesses. According to Gartner, businesses lose an average of $300,000 during an hour of internet downtime,” said Andrew Freitas, Head of Canada for WiredScore.  

Freitas continued: “Selecting an office that doesn't have reliable connectivity is something that no company can afford. KingSett Capital, Corpfin Capital and McCOR Management have taken proactive measures to ensure that connectivity is not an issue for tenants at 330 Portage Avenue so that they can focus on growing their business and serving customers.”  

330 Portage Ave has achieved Wired Certified Silver. Highlights from WiredScore’s comprehensive assessment include multiple secure fibre options available to tenants, empowering them to choose their preferred service provider and secure competitive pricing for high-speed internet; capacity for future digital buildouts as technology evolves; and quicker setup time when moving into the building.  

“Being the first building in Winnipeg to have this certification is a huge achievement for 330 Portage Avenue, McCOR is very proud.  We are confident in the building’s ability to meet any tenants need as far as connectivity is concerned.  When it comes to leasing new space, the ability to be connected is often a top priority for tenant, so we essentially checked that box before they even walk into the building.” Says Robin Hardman, General Manager, Manitoba for McCOR. 

About WiredScore  

WiredScore is the organization behind Wired Certification, the internationally recognized digital connectivity rating system for commercial real estate that helps landlords design and promote their buildings' great digital connectivity to tenants.   

Wired Certification champions cutting-edge technology in commercial real estate by providing the only certification for rating the infrastructure, connectivity and technological capacity of commercial buildings. More than 550MM square feet of commercial real estate in more than 2,400 buildings have been Wired Certified globally, including buildings owned by landlords such as Blackstone, J.P. Morgan, Skanska, and Hines. International demand for the digital connectivity rating system has seen the company expand operations to the United Kingdom, Canada, Ireland, France, Germany, Australia and the Netherlands. 

About McCOR Management 

McCOR Management has offices in Calgary, Edmonton, Gatineau, Laval, Regina, Toronto, Vancouver and Winnipeg, offering the national reach needed to best serve leading investors and occupiers whilst retaining the local expertise to accommodate smaller firms and sole proprietorships competitively. The formation of McCOR Management creates one of Canada’s largest privately-owned real estate development and property management companies, with over $3-billion of assets under management. 

About CCI Corpfin Capital 

Corpfin Capital is a national real estate asset and advisory management firm providing services to institutional and high-net worth clients.  As a co-investor, Corpfin understands the challenges and needs of its clients and has a proven track record of value creation and maximizing returns.  Founded in 2016, Corpfin focuses on delivering superior results through an integrated and flexible commercial real estate investment and management platform.  Corpfin is actively seeking opportunities in all asset classes across Canada. 

About KingSett Capital 

KingSett Capital is Canada’s leading private equity real estate investment business co-investing with institutional and ultra-high net worth clients seeking to provide premium risk weighted returns through its various fund strategies.  Founded in 2002, KingSett has raised $11 billion of equity for its Growth, Income, Urban and Mortgage strategies.  Currently, KingSett owns interests in a $15 billion portfolio of assets.  KingSett continues to seek further opportunities to invest in a wide range of real estate properties, developments, joint ventures and mortgage lending. 

Media contact:  

 Robin Hardman CPM, RPA McCOR Management (MB) Inc. rhardman@mccor.ca, 204-594-0393