CD Capital Looking To Make Big Impact in Toronto
CD Capital Developments are planning to bring their wealth of international development experience to Toronto and intend on becoming one of the leading residential developers in the City.
With land prices in Toronto sky rocketing, it is becoming increasingly difficult for new companies to enter the lucrative development world. The biggest recent success story has been CentreCourt Developments, who in two short years have enjoyed enormous success with Peter Street, Karma and INDX Condominiums.
CD Capital was founded by Todd Cowan and Jordan Dermer, previously the Chief Executive and Chief Development Officers of TriGranit, one of Europe’s leading development companies. Under their guidance, the company developed over 10 million square feet in Central & Eastern Europe between 1996-2006. Some of their work includes the Hungarian National Theatre (picture number 1 below) and Luxembourg Plaza (picture number 3 below).
They now plan on bringing that experience to Toronto and have teamed up with Freed Developments and launched their first project together last spring with Sixty Colborne. The Freed/CD team are now gearing up for the imminent launch of 155 Redpath Condominiums, located at Yonge & Eglinton and have two other major Yonge & Eglinton projects including the re-development of 2131 Yonge Street.
CD Capital will be launching 155 Redpath imminently in a joint venture with Freed Developments
CD Capital have the backing and clout to become a major player in Toronto. Watch this space!