GWL Realty Advisors congratulates Daniel Fama (Analyst, Development), Ben Lemire (Manager, Corporate Sustainability), Catherine Truong (Manager, Development), and Lisa Wu (Senior Analyst, Investments) who participated on a team that took first place at NAIOP Toronto’s Fifth Development Challenge on September 28. The team submitted the winning proposal to develop Dominion Square, located on Queen Street, east of Parliament Street in Toronto.
Together with industry colleagues Jason Ko (Avison Young) and Queenie Wong (Zeidler Partnership Architects), they formed The Continuum Inc. team to provide a response to NAIOP’s annual summer challenge. This challenge invites young professionals 35 years or younger to demonstrate their talents and skills by creating a development proposal for a specific site in Toronto.
Here are some highlights that led to the victory:
- Team Continuum’s development concept focused on three foundational pillars: transformation, heritage, and stewardship.
- The team proposed a vibrant mixed-use complex for the site that would service future residents as well as the burgeoning Regent Park area and up-and-coming Canary District.
- The team focused on three main value-add strategies for the development: increasing site density, encouraging mixed use opportunities and improving existing building efficiency.
- In line with their vision, the team proposed a complex consisting of a twelve storey, 220-unit purpose-built apartment building and a seven storey redeveloped heritage office with associated street-front retail. A diverse mix of retail, office, and amenities were proposed for the site including co-sharing office space, restaurants, grocery, boutique retail, and a daycare.
Three teams competed in the contest and were judged by respected industry leaders: Hugh Clark, Vice-President, Development, Allied Properties REIT; Emily Hanna, Partner, Investments, Crown Realty Partners; Sharm Powell, Director, CPPIB; and Fred Waks, President and CEO, Trinity Development Group.
GWL Realty Advisors is proud to recognize this outstanding achievement and demonstration of great teamwork. To view the winning presentation, please visit the Greater Toronto NAIOP's website.