ADVISORY
Community Builders' Advisory service relieves pressure. Our feasibility assessments cover all aspects of a project, giving housing providers confidence to get started.
Certainty as a service.
Get the intelligence you need to decide whether or not to pursue a project. Our Advisory removes doubt by performing the daunting parts of pre-development, such as:
- Portfolio analysis
- Land due diligence
- Financing applications
We provide a full report on our findings. Now, of course, we want you to choose Community Builders' Development Management service if you choose to take the next step and pursue the project. But we gain nothing from encouraging a client to take on a development that cannot be completed. And we work happily with your preferred consultants, contractors and vendors.
DEVELOPMENT MANAGEMENT
Our Development Management team starts where the Advisory service leaves off. We have the expertise to coordinate interdisciplinary functions throughout planning, design, construction, and even operations. For housing providers, this means less risk, more value, and far fewer headaches.
Designed to de-risk. Modelled for value.
Units currently under development management
Our development process includes setting up partnerships, managing planning and rezoning processes, approvals with local authorities, design development, financing, construction, and lifecycle project management. We can even help your Operations team set up.
The integration of these functions in pre-development lets us coordinate efficiently, saving time and costs. Our structured reporting process provides continuous insight into the financial feasibility and total costs of the projects we develop.
Typical development models for affordable housing drain a sponsor’s equity and expose them to the risks of uncertain interest rates, project costs and schedules. This delays developments and prevents sponsors from committing to developments at a scale that makes a significant impact on the housing crisis.
We believe in approaching housing as infrastructure. The methodologies we’ve used to deliver social infrastructure in healthcare, education, transportation and other sectors also work for affordable housing. They let regional, municipal and city leaders, and non-profit organizations, take advantage of government initiatives and development programs but transfer financial risk and design-build responsibility to expert private developers to protect public equity.
Of course, our projects cover many models and we’ll support your choice.
A SAMPLE OF OUR WORK
60 Caledon, Hamilton, ON
266 units in a townhouse apartment community for Victoria Park Community Housing. Construction Start December 2024.
122 Base Line Road West, London, ON
61 units in an apartment building developed with the City of London under the Rapid Housing Initiative. Completed 2022.
403 Thompson Rd., London, ON
44 units in an apartment building developed with the City of London under the Rapid Housing Initiative. Completed 2023.
345 Sylvan St., London, ON
42 units in an apartment building developed with the City of London under the Rapid Housing Initiative. Completed 2024.
140 Merton St., Toronto, ON
284 units in a tower built for Missanabie Cree. Construction Start January 2025.
835 Gorham St., Newmarket, ON
The new home for Kevin's Place emergency housing program. Includes 14 emergency, supportive and affordable units.
128 Ave. NW, Edmonton, AB
40 units for Veterans' House Canada. Financial Close scheduled for January 2025.
Building Community
CommunityBuilders@ellisdon.com