Real Estate Development & Management

About Us

CRAFT Development Corporation (CRAFT) was founded in 1990 with the mandate to engage primarily in the acquisition and development of retail commercial projects in South Central Ontario. The principals have a combined sixty years of experience in all aspects of real estate acquisition, development, leasing and financing.

 

Since its inception, CRAFT has been involved in the development of over 1.8 million square feet of retail, office and residential projects.

BUSINESS METHODOLOGIES

  • Acquisition and development of land for retail centres, commercial buildings and residential uses.
  • Execution of municipal approvals for official plan amendments, zoning amendments and rezoning, and site plan approval.
  • All acquisitions are subject to our rigid due diligence process to ensure success, including soil (environmental and geotechnical), serviceability and grading, zoning, anchor tenant(s) and economic feasibility.
  • Maintain a tenant mix comprised of 75% national tenants.
  • Offer development planning & management services for non-owned developments.
  • Consider properties that present a challenge that we can work through and increase value.
  • Explore opportunities to bring national retail concepts to smaller Ontario communities.

Our Team

Along with the experience of its principals, CRAFT has always relied upon its committed staff to ensure success for projects undertaken by the company. CRAFT's team of professionals include: planners, architects, project / construction managers, estimators, a CGA accountant, general accounting staff, real estate leasing and acquisition specialists and on-site superintendents.

 

 

Our Partners

CRAFT has built strategic partners who understand invaluable local markets to provide a pipeline of investment and development opportunities.

CRAFT’s financial partners offer creative financial solutions for all development and take-out financing to meet the challenges of today's marketplace.

CRAFT has strong relationships with planning consultants to provide support in execution of planning and development approvals in Ontario, one of the most challenging jurisdictions in Canada.

CRAFT, through the successful execution of national retail concepts, has a long list of AAA tenant's for whom CRAFT has built and/or leased retail space. These national retailers rely on the success of developers like CRAFT to meet the deliverables of their respective real estate programs.