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词条 Draft:Adi Development Group
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  1. Adi Development Group

  2. About:

  3. History:

  4. Awards:

  5. Notable Developments:

  6. Associations:

  7. External Links:

  8. References:

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Adi Development Group

About:

Adi Development Group is a real estate development company in the Greater Toronto Area (GTA) that focusses on investment, planning, design and management of both commercial and residential buildings.

Currently, Adi Development Group has amassed a portfolio with over 10 active real estate development projects across the GTA, with projects ranging from low-rise infill master planned development to mixed use high rise.

History:

Founded in 2007 by brothers Tariq & Saud Adi, the company’s first office was located in Burlington, Ontario. The company’s first investments were in rental properties, but the brothers eventually started developing new properties.

Being a developer of high-rise condominiums has not been without its challenges. In 2016, the company ran into controversy when the City of Burlington opposed Adi’s plans to construct the 26 story Nautique building on the Lakefront.[1] The plan to proceed with the development, however, was eventually backed and approved by the Ontario Municipal Board.[2]

The company expanded into the Toronto market in 2016, landing contracts for two high-profile sites including 64 Prince Arthur Avenue Condos[3] and its Portland Street micro-condos.[4]

In 2017, Adi Developments hired architectural firm, CetraRuddy of New York to design its new condo development at 64 Prince Arthur Avenue in Toronto.[5] The project has come under some public criticism lately over the fact that it had originally been proposed to be 17 stories and is now planned to be 29 stories.

The company currently has nine full-time staff and an annual revenue of approximately $100 million.[6]

Awards:

  • 2014 – Ontario Home Builder Award – Architectural Design for Link Condos for Tempus.[7]
  • 2016 – BILD Award for “Best Suite Design” for Nautique Lakefront Residences.[8]
  • 2017 – BILD Award for “Best Logo Low-Rise” for Stationwest.[9]

Notable Developments:

  • Mod’rn - Adi launched its flagship project, the 78-unit Mod’rn, at Guelph Line and the QEW in Burlington in 2013. The modern-looking, design-driven, boutique four-storey condo sold out quickly and is now occupied.[10]
  • Nautique – 240 suite condominium located at the intersection of Martha Street and Lakeshore Road in downtown Burlington overlooking Burlington’s waterfront.[11]
  • Stationwest – a modern transit-focused community located at 101 Masonry Court in Burlington, ON next door to the Aldershot GO station.[12]
  • LINK - a 267,000-square-foot, four-building community offering an elevated courtyard and two-level recreation centre. It’s located at Dundas Street and Sutton Drive near Bronte Creek.[13]
  • Prince Arthur Avenue Condos – designed by CetraRuddy of New York, this luxury 29-story condo building proposed for the City of Toronto in the Yorkville neighbourhood is expected to be completed in 2020. It will be one of Adi Development’s most ambitious projects.

Associations:

Over the years Adi Development Group has amassed notoriety as an award-winning builder and is a proud member of the following associations:

  • Canadian Home Builders’ Association
  • Ontario Home Builders’ Association
  • Hamilton-Halton Home Builders’ Association
  • [https://www.bildgta.ca/ Building Industry and Land Development Association]

External Links:

[https://adidevelopments.com/ Adi Development Group website]

References:

1. ^{{Cite news|url=https://www.thespec.com/news-story/6909292-burlington-faces-scary-omb-hearing-after-rejecting-26-storey-condo-councillor/|title=Burlington faces ‘scary’ OMB hearing after rejecting 26-storey condo: councillor|last=Moro|first=Teviah|date=2016-10-14|work=The Hamilton Spectator|access-date=2019-03-06|language=en-CA|issn=1189-9417}}
2. ^{{Cite news|url=https://www.thespec.com/news-story/8133385-omb-approves-26-storey-condo-tower-near-burlington-waterfront/|title=OMB approves 26-storey condo tower near Burlington waterfront|last=Moro|first=Teviah|date=2018-02-14|work=The Hamilton Spectator|access-date=2019-03-06|language=en-CA|issn=1189-9417}}
3. ^{{Cite web|url=https://condos.ca/new-development/64-prince-arthur-avenue-condos-64-prince-arthur-ave|title=64 Prince Arthur Avenue Condos at 64 Prince Arthur Ave in Annex {{!}} U of T, Downtown|website=condos.ca|language=en|access-date=2019-03-06}}
4. ^{{Cite web|url=https://www.bisnow.com/toronto/news/mixed-use/sneak-peek-adi-development-secures-two-toronto-beachheads-60601|title=Sneak Peek: Adi Developments Secures Two Toronto Beachheads|last=|first=|date=|website=www.bisnow.com|archive-url=|archive-date=|dead-url=|access-date=2019-03-06}}
5. ^{{Cite web|url=https://www.bisnow.com/toronto/news/construction-development/adi-development-group-hires-new-yorks-cetraruddy-for-toronto-project-76926|title=Adi Development Group Hires New York's CetraRuddy For Toronto Project|last=|first=|date=|website=www.bisnow.com|archive-url=|archive-date=|dead-url=|access-date=2019-03-06}}
6. ^{{Cite news|url=https://www.theglobeandmail.com/report-on-business/small-business/sb-growth/its-not-about-the-money-for-condo-developing-brothers/article23899591/|title=It's not about the money for condo developer brothers|access-date=2019-03-06}}
7. ^{{Cite web|url=https://torontosun.com/2014/09/29/minto-communities-named-ontario-home-builder-of-the-year/wcm/b60e4e49-3703-47cc-9647-902a3c2e2142|title=Minto Communities named Ontario Home Builder of the Year {{!}} Toronto Sun|last=DeVries|first=Anita|last2=|date=2014-09-29|website=|language=en-CA|archive-url=|archive-date=|dead-url=|access-date=2019-03-06|last3=|last4=|first4=|last5=|last6=|last7=|first7=|last8=|last9=}}
8. ^{{Cite web|url=http://urbantoronto.ca/news/2016/05/winners-announced-36th-annual-bild-awards|title=Winners Announced for the 36th Annual BILD Awards {{!}} Urban Toronto|website=urbantoronto.ca|access-date=2019-03-06}}
9. ^{{Cite web|url=http://torontostoreys.com/2017/04/2017-bild-awards-best-gta-real-estate/|title=GTA real estate celebrates its best at 2017 BILD Awards|last=Storeys|first=Toronto|date=2017-04-29|website=Toronto Storeys|language=en-US|access-date=2019-03-06}}
10. ^{{Cite web|url=https://www.thestar.com/life/homes/2012/11/23/the_modrn_aims_to_be_a_game_changer.html|title=The Modr’n aims to be a game changer {{!}} The Star|website=thestar.com|language=en|access-date=2019-03-06}}
11. ^{{Cite web|url=https://nationalpost.com/life/homes/burlington-waterfront-condo-offers-city-amenities-and-a-whole-lot-of-fresh-air|title=Burlington waterfront condo offers city amenities and a whole lot of fresh air {{!}} National Post|last=National|first=Post|last2=|date=2015-11-27|website=|language=en-CA|archive-url=|archive-date=|dead-url=|access-date=2019-03-06}}
12. ^{{Cite news|url=https://www.theglobeandmail.com/real-estate/toronto/burlington-developers-stationwest-gets-cozy-with-transit/article33237333/|title=Burlington developer’s Stationwest gets cozy with transit|access-date=2019-03-06}}
13. ^{{Cite web|url=https://www.newinhomes.com/blog/adi-development-group-launches-link2-condos-lofts-burlington|title=Adi Development Group Launches LINK2 Condos + Lofts in Burlington|website=www.newinhomes.com|access-date=2019-03-06}}
Category:Buildings and structuresCategory:Burlington, Ontario
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