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Main and Main Developments
This is a real estate developer who has been focusing on commercial development, but they are an active residential developer as well. They have been active in the Greater Toronto Area as well as Ottawa since 2011. They are a company that is built on principles, and they have a set of rules or guidelines on basically everything, and these help them find consistent success. They also have a corporate philosophy that is built of 5 imperatives. Their philosophies that guide their successful commercial development also help in their residential pursuits.
Main and Main Developments likes to say that they are anything but typical. They are a retail centric company that brings preeminent retail to fast growing urban environments throughout Canada, but they also work on mixed use projects that bring some excellent condos to these urban landscapes.
Their strengths are being able to identify, acquire, and develop unique properties in the best locations. To them, the best locations are qualified as high growth areas with compelling demographics. Their expertise are reinventing properties and developing projects both independently and together with proven partners. The goal of the actions is always to revitalize communities.
Their philosophy can be boiled down to five imperatives. First, they’re looking to capitalize on Canada’s explosive urban growth. We are quickly becoming one of the most urban nations in the world with about 80% of us choosing to live in cities. This developer is noticing that trend. Second, with urban growth comes consumer demand. Urban growth doesn’t just mean people are working downtown, it also means that people are flocking to the city to shop, eat, and play. Third, traditional retail just doesn’t cut it.
The retail stores of old were often difficult to navigate and relied on florescent lights, this developer looks to bring modernity to their retail spaces - as well as their condos! Fourth, finding modern street fronts. They know that a heavily trafficked area is vital to success, and being a mixed use developer, this also ensure they will build homes in great central locations. Fifth, a great return for everyone. This doesn’t just mean great returns for store owners, but homeowner as well who will see fantastic growth in their homes’ value.
In addition to these five imperatives, this developer also has three key factors to any successful project, and also a secret recipe for creating thriving retail. The key factors are location, growth, and lifestyle, and the secret recipe is neighbourhood, prominence, and functionality.
They certainly are a company that likes its lists, but this shows a deep understanding of the market and a knowledge of how to flourish. This developer specializes in commercial developments and they seem to have cracked the code on how to create great retail spots. Being a mixed-use developer as well, their tenets that have guided them to success seem to lend themselves to the residential market. By focusing on things like location, growth, and uniqueness, they’re showing a deep understanding of not just commercial development, but real estate in general. As they’re sure to continue growing throughout Canada, we can’t wait to see what they have in store for the Greater Toronto Area.
236 Richmond Road
This is a rental property located in one of the most exciting neighbourhoods in Ottawa. The Westboro neighbourhood is home to some of the best shops and eateries in the Nation’s Capital, and it is swiftly becoming one of the most sought after communities in the city. The mid-rise is 9 stories high and is comprised of 71 luxury units. Amenities include a rooftop terrace, bike storage room, and fitness centre. The suites are outfitted with stainless steel appliances, granite countertops, and in-suite laundry. It was completed in 2016 and its address is 236 Richmond Road.
Queen & Bathurst
This is a retail space located in one of Toronto’s busiest corners. This space is comprised of 13,500 square feet of retail space. Its tenants are some of the best known Canadian institutions like Pizza Pizza, Tim Hortons, and International News. Its calculated 24 hour traffic count reaches over 35,000 daily, and its pedestrian count is over 15,500. This location is heavily serviced by a symposium of street cars as it is the gateway to the Queen West neighbourhood.
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