QuadReal is committed to a prudent development program to advance returns and grow its business.
As an active real estate investment company with strong development capabilities, we ensure a thoughtful alignment between local market conditions, planning and development. We realize our long-term vision, which is focused on rigorous and responsible execution, by offering full services in Canada and working closely with our programmatic joint venture partners and operating companies abroad.
Above all, we believe in value creation through a development pipeline that emphasizes active, local management and community engagement, which ensures we leave a lasting, positive social and environmental legacy.
Toby Wu Executive Vice President, Development, Canada
“QuadReal’s development program is a great example of what we are capable of—as a leading developer and community partner. With a five-year global development pipeline valued at over $20 billion, we are delivering on our areas of conviction and enhancing the lives of the people we serve.”
We plan for the long term, emphasizing quality and resilience, with a development strategy that identifies opportunities within the existing portfolio and through future acquisitions.
Our strategy centres on rigorous and responsible execution, focusing on transit-oriented, urban, and mixed-use densification opportunities—as well as targeted industrial and residential projects—designed to perform well through all economic cycles.
We approach project development with three guiding principles:
- Ensure the entire portfolio is responsive to demographic and market conditions
- Leverage an approach that is respectful of local communities and neighbourhood
- Partner with organizations that have a collaborative, team-based approach and value longer-term relationships
Spotlight on Hazel
Go behind the scenes of QuadReal’s development, Hazel. Located in Burnaby, just outside of Vancouver, Hazel offers over 200 thoughtfully designed urban homes, creating a community that is steps away from beautiful outdoor spaces, major transit links and more.
We take active responsibility, supporting the vitality of our communities. Together with our local teams and partners, we work to integrate an emerging approach that measures our social impact through actions such as charitable giving, local engagement and more.
Assembly Park is QuadReal’s largest master-planned community in Canada, developed in partnership with Menkes. Through dedicated community spaces and a year-round calendar of events, we combine community engagement and support for local, not-for-profits. This includes Mackenzie Health Foundation, which received a significant donation from QuadReal in 2022.
“This incredible gift from QuadReal will be directed specifically to the Domestic Abuse and Sexual Assault Unit at the Cortellucci Vaughan Hospital. Thank you for supporting the survivors in getting the care they need and deserve.”
President & CEO, Mackenzie Health
IMMIX is QuadReal’s newest purpose-built rental development in the heart of Toronto. The project celebrates the site’s rich history, including being an important landmark of the LGBTQ2+ community’s fight for equal rights in the city of Toronto.
“The recognition of the site’s past is so important as it really speaks to some of the very important moments of the [LGBTQ2+] community.”
MPP for Toronto Centre