Development

The identification and execution of value creation opportunities
in development projects completed
in development projects underway or in advanced planning
real estate professionals focused on development
Our Development Advantage
To create value and provide long-term returns for our clients, the development team operates across multiple markets and asset classes; we draw on research-based insight, local expertise and on-the-ground connections to develop projects that meet market needs. All while applying a variety of critical assessments, which help us deliver sustainable, innovative properties, accompanied by sector-leading service. In turn, this will enable us to attract and retain high-quality tenants and valuable residents.
Active Development
We have development projects underway or planned in major cities across Canada.
Princess Auto Warehouse
Location: Balzac, Alberta
Asset class: Industrial
Project size: 605,000 sq.ft.
Expected completion: 2026
1405 4th Street SW
Location: Calgary, Alberta
Asset class: Multi-residential
Project size: 219 units
Expected completion: 2028
140 West 19th Street
Location: North Vancouver, British Columbia
Asset class: Multi-residential
Project size: 91 units
Expected completion: 2027
Le Livmore – Phase II
Location: Montreal, Quebec
Asset class: Multi-residential
Project size: 429 units
Expected completion: 2026
The Livmore Westboro Village
Location: Ottawa, Ontario
Asset class: Multi-residential
Project size: 336 units
Expected completion: 2024
185 Enfield Place
Location: Mississauga, Ontario
Asset class: Multi-residential
Project size: 365 units
Expected completion: 2024
Recently Completed
Our portfolio features notable, investment-grade properties across all asset classes.
Abbotside Way
Location: Caledon, Ontario
Asset class: Industrial
Project size: 138,000 sq. ft.
Completed: 2023
Le Livmore – Phase I
Location: Montreal, Quebec
Asset class: Multi-residential (mixed-use)
Project size: 792 units
Completed: 2023
Vancouver Centre II
Location: Vancouver, British Columbia
Asset class: Office
Project size: 32 storeys
Completed: 2023
Chronicle
Location: Vancouver, British Columbia
Asset class: Multi-residential
Project size: 128 units
Completed: 2022
The Bowline
Location: North Vancouver, British Columbia
Asset class: Multi-residential
Project size: 159 units
Completed: 2022
The Livmore (High Park)
Location: Toronto, Ontario
Asset class: Multi-residential
Completed: 2020
The Livmore (Bay & Gerrard)
Location: Toronto, Ontario
Asset class: Multi-residential
Project size: 595 units
Completed: 2018
Our Development Process

Establish the opportunity
Establish the opportunity
- Leverage local relationships and access to deal flow
- Quickly evaluate and select high-potential development opportunities
- Complete full acquisition and due diligence
- Conduct investment analysis and financial modelling
- Undertake feasibility and highest and best use assessments
- Collaborate with internal and external specialists to confirm merits

Planning and design management
Planning and design management
- Establish development concept in relation to policy, site and community
- Create project vision by defining key elements and coordinating development, operational and ownership interests
- Select the most appropriate consultant team and direct the team to deliver on project goals
- Create the project plan

Municipal planning
Municipal planning
- Navigate city requirements and engage early and often with staff
- Engage tenant, public and community stakeholders
- Draw on experience to mitigate risk of bureaucratic complexities
- Unlock significant value creation for owners

Construction
Construction
- Oversee and manage the construction team and process
- Adhere to a project plan that aligns team members’ schedules
- Oversee budget and monitor pro-forma versus evolving market conditions
- Administer achievement of operational performance
- Coordinate transition planning and phased turnovers

Leasing and marketing
Leasing and marketing
- Translate project vision into marketing and brand materials
- Engage partners in industry and public relations strategies
- Coordinate promotion milestone events and tenant move-ins
- Support lease negotiations and administration
- Maximize absorption, occupancy and revenues

Asset and property management
Asset and property management
- Coordinate assets and property management teams in advance to ensure project continuity
- Optimize design, value and performance
- Instill accountability in capital and income return optimization