About Us
Development Expertise backed by a legacy of owner-operator experience
ParkProperty Development Inc. (PPD) is the development management subsidiary of Park Property Management Inc. (Park Property), bringing an integrated, owner-operator perspective to the delivery of purpose-built rental housing and residential development.
Backed by Park Property’s longstanding experience owning, operating, maintaining and investing in rental communities, PPD approaches development with a clear understanding of what creates enduring value. Every decision is considered not only in the context of growth, development and construction, but with the vision of long-term asset performance, operational efficiency and the resident experience.
An Integrated Approach to Development
PPD provides end-to-end development management services, from initial feasibility and business case development through entitlement, procurement, construction and operational transition. Our integrated approach brings together development management, owner's representation throughout construction, project management, asset management, capital planning and operational advisory expertise. This multidisciplinary methodology provides our clients with access to specialized knowledge throughout the development journey while maintaining a single point of accountability.
This comprehensive approach results in informed decision-making, disciplined execution and development strategies designed to ensure long term value
Positioned for Growth
With a development pipeline of more than 10,000 units, including over 2,500 units currently under construction or in development, PPD brings significant scale and experience to every project.
Backed by Park Property’s portfolio of more than 12,000 rental homes across 95 properties in Ontario, PPD draws upon extensive institutional knowledge of how residential assets perform over time. Together, this scale and experience provide PPD with an informed perspective across the full development and operational lifecycle that few standalone development managers can replicate.
We understand what happens after construction is complete. We address challenges head-on, considering operating costs, building systems, maintenance requirements, resident needs, asset performance and long-term capital planning at the earliest stages of development.
Our objective is clear: identify opportunities, manage risk, execute with discipline and create high-quality residential assets positioned to deliver lasting value.
Our Capabilities
PPD manages the complete development project, including:
As the single point of accountability, PPD coordinates internal resources and external consultants to maintain alignment across every stage of project delivery.
History
Decades of Experience Benefitting What Comes Next.
ParkProperty Development was created to bring much-needed new rental housing to the communities we serve, contributing to their continued growth and vitality. Its foundation is backed by decades of experience owning, operating and investing in residential real estate.
Since its beginnings in Toronto in 1975, Park Property Management Inc. has grown into an integrated real estate organization with more than 12,000 rental homes across 95 properties in Ontario. This history has led to the creation of a deep institutional knowledge spanning acquisition, capital planning, property operations, asset management and development.
As the property portfolio grew, development became a natural step in the evolution of a long-term ownership strategy. The lessons learned from decades of operating residential properties now inform the decisions at every stage, from design and building systems to unit mix, amenity programming, maintenance requirements and long-term asset performance.
PPD leverages this knowledge within a dedicated development management practice, pairing the perspective of a long-term owner and operator with the capabilities to plan and deliver the future chapters of rental housing.