Capital Developments:Transforming Toronto’s Skylines and Communities
Capital Developments, a trailblazing force in residential development, was established in 2007 by the dynamic duo Todd Cowan and Jordan Dermer. These visionaries, who also played instrumental roles in the renowned TriGranit enterprise, have an impressive track record of shaping commercial and residential spaces, spanning a staggering 12 million square feet.
The company’s recent feats in Toronto include the resounding success stories of Azura Condominiums, 155 Redpath, and 150 Redpath. Capital Developments continues to push boundaries with an ambitious development pipeline encompassing 3.6 million square feet. Notable among these projects is the sprawling 1.8 million square feet master-planned community at Bloor and Dufferin, coupled with the 1.4 million square feet community at Yonge and St. Clair, where the company takes the reins as Development Manager.
Partnerships are the bedrock of Capital Developments’ ethos. The company proudly stands shoulder-to-shoulder with leading financial institutions and top-tier investors, forming professional alliances and cherished friendships.
Founded in 2008, Capital Developments thrives as a Canadian luminary with international roots. Its co-CEOs, stalwarts since the inception, once held pivotal positions in Europe’s TriGranit, a developer of immense scale. Their legacy includes 10 million square feet of captivating mixed-use spaces, from opulent shopping centers to resplendent concert halls, office edifices, and cultural landmarks. Since returning to the Canadian fold in 2008, Capital Developments has contributed a remarkable 1.8 million square feet to the urban tapestry of Toronto and Montreal. Among these feats stands the iconic 2131 Yonge Street, a collaboration graced by the late Karl Lagerfeld.
Dynamism courses through the veins of Capital Developments as they oversee the construction of over 1 million square feet, housing ambitious projects like 11 YV, AZURA, and E2—towering symbols of Toronto’s progressive architectural narrative. The company’s future shines bright with a thriving pipeline boasting over 4 million square feet across prime city sites. Architecture, locale, and design converge harmoniously in their endeavours, each marked by an unparalleled commitment to excellence. Yet, beyond bricks and mortar, Capital Developments underscores the primacy of relationships—with homeowners, employees, financial partners, and the city they nurture.
Contact Information: Address: 45 St. Clair Avenue West, Suite 1202, Toronto, Ontario, M4V 1K9, Canada
A Legacy Carved in Architecture: The Capital Developments Story
Capital Developments is an acclaimed real estate powerhouse, a beacon of innovation, revered for its prowess in erecting iconic skyscrapers. A transformative force in the Canadian real estate landscape since 2006, the company traces its lineage to international corridors, particularly Central and Eastern Europe, where it single-handedly reshaped architectural and commercial paradigms. The company’s return to Canadian soil heralded a flurry of residential and mixed-use marvels that now adorn the skylines of Toronto and Montreal.
The driving force behind Capital Developments is a formidable partnership: Todd Cowen, the Chief Executive Officer, and Jordan Dermer, the Chief Development Officer. With an impressive 25-year pedigree, both luminaries bring their invaluable international acumen.
The inception of TriGranit Developments in Europe coincided with a pivotal juncture where an underserved region yearned for commercial and retail spaces. In a bold move, TriGranit capitalized on the opportunity, orchestrating a symphony of development across 12 countries. This dynamic duo identified the need for more office spaces catering to institutional giants like Vodafone and Morgan Stanley. A triumphant crescendo followed—10 million square feet of mixed-use marvels that transcended the ordinary.
Their voyage brought them back to their Canadian roots, inspiring the genesis of CD Capital. A decade later, Capital Developments emerged, a phoenix rising from its past success’s ashes. The rebranding was a testament to their unwavering commitment to securing financial backing and showcasing their development prowess honed over decades.
Capital Developments unfurled their canvas over Toronto and Montreal, where 2,000 condos grace various stages of development, including the iconic Redpath towers at Yonge and Eglinton. These avant-garde designs promise to redefine the landscape in a neighbourhood steeped in history. The Redpath Cafe within this development beckons as a central hub. Offering residents a plethora of amenities—24-hour concierge, golf simulator, fire pit, infinity pool, and steam room—these towers redefine city skylines and offer a lifestyle par excellence. The crown jewel in their portfolio, the Art Shoppe Lofts + Condos, was lauded with the prestigious Project of the Year Award at the Pinnacle Awards.
Capital Developments’ ethos centers on people—the cornerstone of their success. With an unwavering commitment to nurturing partnerships, they seek like-minded collaborators who share their zest for innovative architecture and meticulous craftsmanship.
A globetrotter with a heart rooted in Canada, Capital Developments’ journey is a testament to its unwavering commitment to reshaping urban landscapes. As they continue crafting communities that mirror their vision, we’re privileged to inhabit the tapestry of one of the world’s most beautiful cities.