Resurgam Financial has invested in a number of entrepreneur-led companies in their early stages across a wide range of industries, including finance and technology.
According to Julian Pucci, a sales agent specializing in pre-construction condos, his sales have tripled since he partnered with 3D CityScapes.
“Being able to see what the views will look like from the 20th floor balcony during the night, or during the day, being able to experience a variety of finishes before anything is built, it helps tremendously from a sales aspect,” says Pucci. “I gladly changed my entire business model based on this technology.”
“We found 3D CityScapes to have the highest-quality digital interactive environment applications available in the world, and are very excited to partner with them,” says Michael De Gasperis, President & CEO of Arista Homes and Vice President of the TACC Group of Companies. “Take it from somebody with decades of experience [in real estate and property development]. This is the direction the industry is going, and you will not want to be left behind. The technology is simply extraordinary and the very best I have ever seen to advance project approvals and communicate with our purchasers.”
A new round of seed funding for 3D CityScapes led by Belsher and De Gasperis, who are also joining the board, was announced today.
This round of funding will be used to further develop 3D CityScapes’ applications. Specifically, the areas that the company will focus on are:
Scaling cloud-based streaming, which will give its users access to real-time GPU rendering capabilities needed to run the company’s applications, and eliminate the need for customers to purchase the expensive hardware themselves.
Allow high-performance application that was previously confined to niche industrial installations (i.e. touch displays, VR headsets, 3D visualization of cities, buildings, and interiors) to be available on any device, at any time provided they have an internet connection.
Complete a 1-to-1 scale virtual 4K environment of Toronto to be the first virtual ultra-high quality city environment available for exploration online.
Expanding hyper-realistic 3D visual platform to transit, academia, engineering, tourism, social, retail, virtual conferences, security, defense, law enforcement, emergency response, and news broadcast.
Scaling the A.I. division of company, which will help facilitate the automation of building processes for hyperrealistic 3D environments.
“We are building a digital twin of the entire world,” says Raza Jafri, Founder and CEO of 3D CityScapes. “The implication is that we will provide an entirely new way of exploring, and visualizing data. There’s tremendous value in having this available for cloud streaming.”
Since being founded in 2019, 3D CityScapes has successfully completed its pre-seed and seed round funding, and partnered with prominent Canadian developers, real estate companies, municipalities, and law firms. In October, the company finalized deals with one of the largest resorts in Orlando, Florida, and a master planned community in Malaysia.
About 3D CityScapes: 3D CityScapes Inc. is a technology company based in Canada specializing in building 3D Interactive Cities and environments using architecture plans and maps, creating dynamic interactive experiences of global projects in 4K. Founded in 2019, 3D CityScapes works with Property Developers, Municipalities, Urban Planners, and Architects to provide ultra realistic interiors and exteriors of buildings allowing its clients to experience projects before they are built.
HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.
Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.
Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.
The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.
Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.
They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.
The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.
This report by The Canadian Press was first published Oct. 24, 2024.
Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.
Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.
Average residential home price in B.C.: $938,500
Average price in greater Vancouver (2024 year to date): $1,304,438
Average price in greater Victoria (2024 year to date): $979,103
Average price in the Okanagan (2024 year to date): $748,015
Average two-bedroom purpose-built rental in Vancouver: $2,181
Average two-bedroom purpose-built rental in Victoria: $1,839
Average two-bedroom purpose-built rental in Canada: $1,359
Rental vacancy rate in Vancouver: 0.9 per cent
How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent
This report by The Canadian Press was first published Oct. 17, 2024.
VANCOUVER – Voters along the south coast of British Columbia who have not cast their ballots yet will have to contend with heavy rain and high winds from an incoming atmospheric river weather system on election day.
Environment Canada says the weather system will bring prolonged heavy rain to Metro Vancouver, the Sunshine Coast, Fraser Valley, Howe Sound, Whistler and Vancouver Island starting Friday.
The agency says strong winds with gusts up to 80 kilometres an hour will also develop on Saturday — the day thousands are expected to go to the polls across B.C. — in parts of Vancouver Island and Metro Vancouver.
Wednesday was the last day for advance voting, which started on Oct. 10.
More than 180,000 voters cast their votes Wednesday — the most ever on an advance voting day in B.C., beating the record set just days earlier on Oct. 10 of more than 170,000 votes.
Environment Canada says voters in the area of the atmospheric river can expect around 70 millimetres of precipitation generally and up to 100 millimetres along the coastal mountains, while parts of Vancouver Island could see as much as 200 millimetres of rainfall for the weekend.
An atmospheric river system in November 2021 created severe flooding and landslides that at one point severed most rail links between Vancouver’s port and the rest of Canada while inundating communities in the Fraser Valley and B.C. Interior.
This report by The Canadian Press was first published Oct. 17, 2024.
