“We believe this is going to be one of the greatest places to live, work and play in the future,” says Todd Cowan, a partner at CD Capital Developments. “For us, this project was a perfect opportunity, as it’s located in a part of Toronto that’s going through a fundamental change. To be part of that change and to have an iconic development that’s leading the whole transition is very exciting.” CD Capital Developments, co-founded by Todd Cowan and his partner Jordan Dermer, is a leading Canadian real estate development group with a broad spectrum of international residential and retail development experience.
Prior to founding the company, Todd and Jordan spent ten years in Europe where they developed 10 million square feet of real estate. “Watching projects get envisioned, financed, built and sold, and to be able to say that we were involved in creating something special – there is no experience more gratifying” says Jordan. Their previous experience building in major European cities gave the partners insight into the importance of seeking the right locations – as is the case with Art Shoppe. “The public transport aspect is definitely the most exciting part for me,” says Jordan.
“This is going to be a major anchor hub of transportation for the city. If you can live in a node where you can go east, west, north, or south, where a short walk will take you to the Eglinton Crosstown or the Yonge line, then you have everything at your door.” Adds Todd, “To find a site in such an amazing location where you can benefit from having a full city block on Yonge Street in the most important city in the country – it’s a once-in-a lifetime opportunity.”
“To actually be able to drive by and say, ‘Wow, that was something I was involved in creating,’ that’s a gratifying experience for me.” says Jordan. Similarly, for Todd, the most rewarding part of this business is realizing the positive impact that a project can have. “My passion is finding that great piece of real estate and developing it in such a way that it changes the dynamics of the neighbourhood – how people live and enjoy life – while leaving a lasting impression on the city.”
We believe in finding partners that get it, working with those that care as much as we do, and developing amazing projects with meaningful connections. With years of experience, we’ve learned that architecture, location, interior design, glass, metal and concrete all matter. But we’ve also learned that personal connections, trust and relationships are the things we really build. The company’s founders – Todd Cowan and Jordan Dermer – have managed the development of over 10 million square feet of mixed-use real estate in Europe. Bringing this wealth of experience back to Canada, CD Capital Developments is currently active in the development of a pipeline of condominium and mixed-use projects in Toronto and Montreal including 2,500 residential units and 350,000 square feet of office and retail space.