<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/bloomburg_6f781c2d2c.png" alt="bloomburg.png" srcset="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/thumbnail_bloomburg_6f781c2d2c.png 245w,https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/small_bloomburg_6f781c2d2c.png 500w," sizes="100vw" width="500px"></figure><h2 style="margin-left:0px;">Canada's Prime Minister Pushes Country to Become the Housing Factory of the World</h2> On the outskirts of Toronto, a factory buzzing with activity is being touted as solution to the two most urgent crises facing Canada: the unaffordable cost o: housing and US President Donald Trump's trade war.This plant makes key parts of houses - specifically, walls, floors and roofs -that can be shipped to a site and assembled into structures as tall as six stories quicker than traditional methods.But the factory is operating at about half capacity, said Tad Putyra, who lead the low-rise division of homebuilder Great Gulf. On a recent tour, he pointed a section occupied by stacks of wooden beams where he'd like to bring in a German machine that would automate part of the process. But he won't add until he's confident there will be enough demand to warrant the additional supply. The prefabricated housing industry has long touted itself as a way to ramp UI the production of new residences to relieve Canada's housing shortage. But financing struggles, unpredictable demand and inconsistent zoning rules hav kept it from becoming a big player in the market."If I have revenue, then I can scale up everything on the other side," Putyra said. "Very quickly we could scale up to double our production."&nbsp;<figure class="image image_resized" style="width:100%;"><img class="image_resized" src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/AA_1_Dnsft_efde80b5c3.jpeg"><figcaption style="font-size:12px;margin-bottom:27px;">Artist's concept of a pool area at Great Gulf Group's proposed development in Killington, Vt. (Courtesy Great Gulf Group)</figcaption></figure>That's where Liberal Party Leader Mark Carney, who's running to remain prime minister in the country's April 28 election, might come in. The central plank of his housing platform is a Qian to make government both a customer and financier of factories like Putyra's.It amounts to a promise to help the industry achieve economies of scale that could lower home prices nationwide, while creating manufacturing jobs that could replace some of the ones being lost due to US tariffs.Canada is not the only country facing a housing shortage. Nor is it the only 01 where factory-built housing has struggled to gain acceptance. Two researche1 recently found that, even though sale prices for prefabricated homes in the U are often less than half of what it would cost to build a similar one on site, tht products have yet to see wide adoption. .&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/Carneys_plan_may_make_canada_the_housing_factory_of_the_world_f05c8e3bdc.pdf">Read The Full Article</a>

Great Gulf Group

large_canadas-prime-minister.jpg

medium_canadas-prime-minister.jpg

small_canadas-prime-minister.jpg

thumbnail_canadas-prime-minister.jpg

canadas-prime-minister.jpg

Carney’s Plan May Make Canada the Housing Factory of the World - Bloomberg

Michele Romanow, Paul Finkbeiner, and Christopher Keber join Great Gulf as Strategic Advisors.Toronto, February 19, 2025 — Great Gulf Group ("Great Gulf"), the leading North American real estate company, announces the appointment of globally recognized Michele Romanow, Paul Finkbeiner and Christopher Keber as Strategic Advisors. These appointments are intended to further advance Great Gulf’s position as a leading, integrated real estate developer and builder, and mark its expansion into additional real estate investment areas across North America.“We welcome Ms. Romanow, Mr. Finkbeiner and Mr. Keber as we embark on our next phase of growth”, states Bill Tresham, Executive Chairman and Interim CEO. “These appointments reflect our commitment to reinvesting in our company, our people, and our technologies. This further ensures we continue making a meaningful impact in our communities and driving transformative growth across the real estate landscape in North America.”Michele Romanow is a Canadian entrepreneur, venture capitalist, and Dragon on CBC’s Dragons’ Den. She co-founded and led Clearco, the world’s largest e-commerce investor, which has invested over $3.2 billion in 7,000+ companies across 10 countries. Previously, Ms. Romanow co-founded SnapSaves and Buytopia, leading them to successful acquisitions. Ms. Romanow has been named to Fortune’s 40 Under 40, recognized as Canada’s Angel Investor of the Year, and honoured as a Young Global Leader by the World Economic Forum. She also received RBC’s Women of Influence Innovation Award.“As a champion of entrepreneurship creating solutions for some of the world’s biggest challenges, I look forward to working with Great Gulf to apply technology-driven solutions to housing and real estate, a sector that would benefit many with significant digital adoption”, says Michele Romanow. “It’s great to see a company with entrepreneurial roots continue to seek new opportunities to advance the real estate sector.”Paul Finkbeiner, is the President of Fink Advisory Management Corp, providing strategic investment guidance to real estate companies, including startups and proptech firms. Previously, Mr. Finkbeiner oversaw $27 billion in global investments at Great-West LIFECO Inc. and, as President and COO of GWL Realty Advisors, grew its Canadian platform from $800 million to $17 billion in assets under management over 23 years.“I am excited to support Great Gulf in its new capital and investment strategies to bring a new level of expediency, growth and advancement to their portfolio creation and management”, says Paul Finkbeiner. “It is inspiring to embrace new opportunities and share fresh perspectives together.”Christopher Keber is a Partner at Two Sigma Real Estate, a leading investment firm managing approximately $65 billion in assets. Previously, Mr. Keber co-founded and served as CEO of Shelter Acquisition Corporation and was Head of Investments and Strategy at McCourt Global, overseeing a portfolio of alternative assets for a U.S. family office. Earlier in his career, he was Co-Head of Global Capital Markets at Hines Interests and held a similar role at Starwood Capital Group.“With unprecedented change and pressure in our already dynamic real estate development industry, we have a responsibility to better develop, build and manage today’s real estate”, says Christopher Keber. “I’m excited to work with a company that is at the forefront of this change and I’m looking forward to making a significant impact together.”The appointments of Ms. Romanow, Mr. Finkbeiner and Mr. Keber support Great Gulf’s commitment to enhancing its leadership and driving innovation in the real estate sector.&nbsp;-30-&nbsp;&nbsp;For more information, please contact:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Karen Bannister, Great Gulf, <a href="mailto:karen.bannister@greatgulf.com" target="_blank" rel="noopener noreferrer">karen.bannister@greatgulf.com</a>About Great Gulf&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Established in 1975, the Great Gulf Group including Great Gulf, an international award-winning, low-rise and landmark high-rise residential developer; Ashton Woods Homes, the largest private builder and 15th largest in the U.S.; Beacon Residential, a U.S based build-To-Rent platform; First Gulf, an innovative market leader in sustainable, accessible and transit-oriented commercial developments and large scale design-build industrial facilities; Tucker HiRise, a leading construction management company, specializing in the construction of high-density, mixed-used projects; H+ME Technology, a precision engineering panelization manufacturing facility; and Taboo Muskoka, one of Canada's top-ranked golf courses, is one of North America’s premier real estate organizations. With major projects in Canada and the United States, the company’s fully integrated activities span the entire real estate spectrum. Learn more at <a target="_blank" rel="noopener noreferrer" href="https://www.greatgulfgroup.com">www.greatgulfgroup.com</a>.

Great Gulf Appoints New Strategic Advisors

Partnership will officially launch at the Stifel Killington Cup with the Killington Mountain School &amp; Great Gulf Kick-Off Party on November 29KILLINGTON, VT (November 29, 2024) - <a target="_blank" rel="noopener noreferrer" href="https://www.greatgulf.com/">Great Gulf</a>, the developer of the upcoming one-of-a-kind master-planned village at Killington, announced today a partnership with Killington Mountain School (KMS) that furthers its commitment and investment in the region. The partnership will officially begin at this weekend’s <a target="_blank" rel="noopener noreferrer" href="https://www.killington.com/things-to-do/world-cup-fis-ski-racing/killington-cup">Stifel Killington Cup</a> with the Killington Mountain School &amp; Great Gulf Kick-Off Party at The Foundry on Friday, November 29 from 3:30-5:00 p.m. Proceeds from the sold-out event will benefit the KMS Annual Fund.Killington Mountain School is the longest-running winter-term ski academy and has taught young adults the value of hard work and commitment since 1974. KMS has provided student-athletes the opportunity to pursue excellence on the slopes and in the classroom. KMS alumni have proved themselves as athletes, scholars, and leaders in both business and the community.“We are proud to partner with Killington Mountain School as an essential institution for its commitment to education and developing world-class athletes in Vermont,” said Michael Sneyd, President of Great Gulf Resort Residential. “Our partnership with Killington Mountain School reflects our commitment to supporting the next generation of leaders, athletes, and innovators who embody the spirit of excellence that defines this region. We’re excited to kick off our partnership at the Stifel Killington Cup.”Through the partnership, Great Gulf will support KMS in its mission to provide educational opportunities for student-athletes with high aspirations and steadfast integrity by offering highly individualized programs, skilled teachers and coaches, a dedicated staff and the technological infrastructure to support distance learning."We are absolutely thrilled to partner with Great Gulf," said Robin Debiase, Director of Advancement at Killington Mountain School. "Their sponsorship is as an investment into KMS student athletes who will go on to be future leaders in our community. Their support will also enhance our academic and athletic facilities, strengthening our 50-year legacy as a world-class institution."Great Gulf is progressing with plans for <a target="_blank" rel="noopener noreferrer" href="https://www.livekillington.com/">LiveKillington</a>, a new four-season resort-style residential community and village, offering innovative modern architecture, transformative amenities, and stunning landscape design. The first phase village will feature over 720 ski-in/ski-out condominiums, along with a collection of semi-detached and single-family lots on the adjacent Ramshead neighborhood. A vibrant, pedestrian-oriented village will feature more than 110,000 square feet of retail and dining space, as well as two public squares and an 85,000-square-foot iconic lodge designed by Moshe Safdie, replacing the current Snowshed and Ramshead lodges. In addition, there will be dramatic waterfront improvements to Snowshed Pond, including a retail promenade. Design and development are moving forward, and sales of the village’s first homes are slated to launch in late 2025. Construction is anticipated to begin in Spring 2026 with occupancy in late 2027 and early 2028.For more information about LiveKillington and Great Gulf's Killington Village development, please visit <a target="_blank" rel="noopener noreferrer" href="http://www.greatgulf.com/killington">www.greatgulf.com/killington</a>.About Great Gulf&nbsp; Established in 1975, the Great Gulf Group including Great Gulf, an international award-winning, low-rise and landmark high-rise residential developer; Ashton Woods Homes, the largest private builder and 15th largest in the U.S.; Beacon Residential, a U.S.-based Built-to-Rent platform; First Gulf, an innovative market leader in sustainable, accessible and transit-oriented commercial developments and large scale design-build industrial facilities; Tucker HiRise, a leading construction management company, specializing in the construction of high-density, mixed-used projects; H+ME Technology, a precision engineering panelization manufacturing facility; and Taboo Muskoka, one of Canada's top-ranked golf courses, is one of North America's premier real estate organizations. With major projects in Canada and the United States, the company's fully integrated activities span the entire real estate spectrum. Learn more at greatgulfgroup.com.About Killington Mountain School Located at the base of Vermont’s Killington Mountain, Killington Mountain School is a premier ski academy dedicated to balancing academic achievement with athletic excellence. The school’s mission is to empower students through rigorous, personalized education while providing them with world-class training in ski racing and other winter sports.Contact: Dan Kitchen, Elevate Communications – (860) 543-2538 <a href="mailto:dkitchen@elevatecom.com" target="_blank" rel="noopener noreferrer">dkitchen@elevatecom.com</a>-30-

Killington

Great Gulf Continues its Commitment in the Killington Region Through Partnership with Killington Mountain School 

KILLINGTON, VT, Sept. 30, 2024 /CNW/ - Great Gulf, the developer of the upcoming one-of-a-kind master-planned village at Killington, announces a minority investment in the new ownership group purchasing the Killington Resort and Pico Mountain."We are pleased by the announcement of the successful sale of the Killington Resort and Pico Mountain to a new ownership group, with local ties to Vermont. Led by Phill Gross and Michael Ferri, the new owners are comprised of long-time Killington passholders and devoted winter sports enthusiasts, with ambitious plans to invest significant capital into winter and summer infrastructure over the coming years. To support these efforts and further reinforce our commitment to the mountain, Great Gulf is announcing a minority investment in the new group," says Michael Sneyd, President of Great Gulf Resort Residential.&nbsp;The new group's existing connections to Killington align perfectly with Great Gulf's goal of creating a community that is deeply rooted in the Vermont ethos. Great Gulf's plans for a new four-season resort-style residential community and village, offering innovative modern architecture, transformative amenities, and stunning landscape design, continue to progress."We look forward to collaborating with the new owners to create a world-class destination that will enhance the Killington experience for residents and visitors alike," adds Sneyd.Great Gulf's plans for the first phase village, once completed, include:&nbsp;<ul><li>Over 650 ski-in/ski-out condominiums and townhomes, along with a collection of single- family lots on Ramshead&nbsp;</li><li>A vibrant, pedestrian-oriented village featuring more than 111,000 square feet of retail and dining space&nbsp;</li><li>Two public squares and an 84,000-square-foot iconic lodge designed by Moshe Safdie, replacing the current Snowshed and Ramshead lodges</li><li>Dramatic waterfront improvements to snowshed pond including a retail promenade&nbsp;</li></ul>Great Gulf has been working closely with the Town of Killington, state officials, the resort, and the new ownership team and remain dedicated to ensuring the success of the 'Killington Forward' initiative, which includes key road and water infrastructure improvements to support the village's development.&nbsp;Together, these collective efforts will bring this monumental development to life, further strengthening Killington's position as the premier mountain destination in the Eastern United States while continuing to positively impact the local and state economy.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.killington.com/media-room/press-releases/">View the Killington Resort press release.&nbsp;</a>For more information about Great Gulf's Killington Village development, please visit <a target="_blank" rel="noopener noreferrer" href="https://www.greatgulf.com/killington">www.greatgulf.com/killington.</a>About Great Gulf&nbsp;Established in 1975, the Great Gulf Group including Great Gulf, an international award-winning, low-rise and landmark high-rise residential developer; Ashton Woods Homes, the largest private builder and 15th largest in the U.S.; Beacon Residential, a U.S.-based Built-to-Rent platform; First Gulf, an innovative market leader in sustainable, accessible and transit-oriented commercial developments and large scale design-build industrial facilities; Tucker HiRise, a leading construction management company, specializing in the construction of high-density, mixed-used projects; H+ME Technology, a precision engineering panelization manufacturing facility; and Taboo Muskoka, one of Canada's top-ranked golf courses, is one of North America's premier real estate organizations. With major projects in Canada and the United States, the company's fully integrated activities span the entire real estate spectrum. Learn more at greatgulfgroup.com.&nbsp;SOURCE Great Gulf Group

Great Gulf announces minority investment in new ownership group behind purchase of Killington Resort and Pico Mountain

In addition, Great Gulf won three project-specific awards for its digital advertising, sales office, and townhome design at the master-planned community, Whitby MeadowsTORONTO, May 2, 2024 - On April 25, Great Gulf won four industry recognitions including the coveted "Builder of the Year-Large Volume" award. This award is a testament to the company's commitment to bringing innovation in architectural design, technology, and community building to their communities. The three project-specific awards recognize Great Gulf's expertise in marketing, sales, and product design for their latest master planned community, Whitby Meadows. The awards were announced at the 2024 Durham Region Builders Association (DRHBA) Awards of Excellence Gala."Being awarded Builder of the Year by the DRHBA validates the strength of our entire Great Gulf team," says Kathleen Schofield, President, Great Gulf Low-Rise Residential Canada. Our collaborative work ethic, and passion for quality, innovation and sustainability is evident in the communities we build. We are honoured to be recognized for our work and thank the DRHBA, along with all our partners and customers for their unwavering support."For 10+ years, Great Gulf has produced 100% of its homes in its H+ME Technology facility, the first of its kind in Canada, where floors and wall systems are built to the most stringent specifications using CSA-approved wood panels. Great Gulf is also a co-founder of the International Active House Alliance (2012) which creates healthier, more comfortable, and sustainable homes."Our vision at Great Gulf is simple. We are dedicated to fostering the construction of healthy, sustainable homes within the local community of Whitby and across Ontario," says Tad Putyra, President, Great Gulf Low-Rise and H+ME Technology and Systems Plus. "This commitment drives us to design and build homes that not only serve the needs of our buyers but also benefit the environment creating lasting value for homeowners."Great Gulf's commitment to excellence also extends beyond its construction and development practices to include programs that support the next generation of homebuilders. Great Gulf collaborates with Georgian College on various initiatives, including, talent development, along with experiential learning and research opportunities. A scholarship program has been set up for outstanding students to drive innovation and sustainability practices over the long term.The awards that Great Gulf received are:Builder of the Year – Large Volume Excellence in Digital Advertisement Excellence in Townhome Design Under 2,000 sq. ft – The Pine Excellence in New Homes Sales Office Whitby Meadows, located in Whitby, one of the fastest growing family-centric towns in Canada, is a complete lifestyle community featuring charming neighbourhoods, a 10+ acre community park and a proposed school, all closely connected to everyday urban conveniences.About Great Gulf Established in 1975, the Great Gulf Group including Great Gulf, an international award-winning, low-rise and landmark high-rise residential developer; Ashton Woods Homes, the &nbsp;largest private builder and 15th largest in the U.S.; First Gulf, an innovative market leader in sustainable, accessible and transit-oriented commercial developments and large scale design-build industrial facilities; Tucker HiRise, a leading construction management company, specializing in the construction of high-density, mixed-used projects; H+ME Technology, a precision engineering panelization manufacturing facility; and Taboo Muskoka, one of Canada's top-ranked golf courses, is one of North America's premier real estate organizations. With major projects in Canada and the United States, the company's fully integrated activities span the entire real estate spectrum. Learn more at www.greatgulfgroup.com.

thumbnail_gg-blue-logo.png

gg-blue-logo.png

Whitby Meadows

Great Gulf is recognized for its position as industry leader, taking home "Builder of the Year" at the 2024 Durham Region Home Builders' Association Awards of Excellence Gala

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/mountaintimes_52012d145e_b5f97dc12a.png" alt="mountaintimes_52012d145e.png" srcset="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/thumbnail_mountaintimes_52012d145e_b5f97dc12a.png 245w,https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/small_mountaintimes_52012d145e_b5f97dc12a.png 500w,https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/medium_mountaintimes_52012d145e_b5f97dc12a.png 750w,https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/large_mountaintimes_52012d145e_b5f97dc12a.png 1000w," sizes="100vw" width="1000px"></figure>My mom had left me a cardboard box filled with papers and what looked to be just a bunch of junk mail. So I left it in my car trunk for a few weeks, procrastinating in the hope that this box would just somehow vanish instead of being forced to acknowledge its own existence. But as all things, it eventually made its way back into my life and this week, I finally started to sort through the items.I literally laughed out loud at the first one and it has kind of sent me into a spiral. Or, more aptly, a rabbit hole. The box was filled with random mementos from elementary school through college. A playbill from a sixth grade play, a letter from my Killington Mountain School U12 coaches, report cards from elementary school through college. Random pieces of my life stuffed into a boot-sized box.But the first thing I picked up was a report card from my senior year in high school. I was privileged to have architecture and design classes offered and I took every single one. This report card was from my senior year tutorial class in which I spent an entire semester designing a cultural museum for a site in Quebec City. I had been presented with the actual site, design requirements, and building program for the Musée de la Civilisation as designed by the well known architect Moshe Safdie.<a target="_blank" rel="noopener noreferrer" href="https://mountaintimes.info/livin-the-dream-safdie-and-the-killington-village-were-in-good-hands/">Read The Full Article</a>

large_moshe_safdie_architects_great_gulf_killington_vermont_designboom_05a_be3acd7f89.webp

medium_moshe_safdie_architects_great_gulf_killington_vermont_designboom_05a_be3acd7f89.webp

small_moshe_safdie_architects_great_gulf_killington_vermont_designboom_05a_be3acd7f89.webp

thumbnail_moshe_safdie_architects_great_gulf_killington_vermont_designboom_05a_be3acd7f89.webp

moshe_safdie_architects_great_gulf_killington_vermont_designboom_05a_be3acd7f89.webp

Insights from Mountain Times: A Glimpse Into The Design Philosophy Of Killington Resort

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/RENX_13d8430ea3_c6865a9149_232bbd3ce3.jpg"></figure><h2 style="margin-left:0px;">&nbsp;</h2><h2 style="margin-left:0px;">Names Jay Wong to head division and oversee developments in Ontario, Vermont</h2> Great Gulf Group is putting a larger focus on its resorts and leisure division and recently appointed Jay Wong to head the group in the newly created position of president.Wong joined Toronto-headquartered Great Gulf Group from Exclusive Resorts, a members-only luxury travel club where he was executive vice-president of operations and member experience.&nbsp;<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/moshe_safdie_architects_great_gulf_killington_vermont_designboom_05a_be3acd7f89_33e3cf71fa.webp"></figure><div class="raw-html-embed">
 <figcaption style=" font-size: 12px; margin-bottom: 27px;">
 Artist's concept of a pool area at Great Gulf Group's proposed development in Killington, Vt. (Courtesy Great Gulf Group)
 </figcaption>
</div>Wong previously formed the Americas portfolio management team at Four Seasons Hotels and Resorts and held leadership roles across strategy, brand and operations at Starwood Hotels &amp; Resorts Worldwide, which was acquired by Marriott International in 2015.The next frontier for Great Gulf Group"Great Gulf has been on my radar for a while because it’s a company that is so focused on innovation, thinking outside the box and thinking about doing things differently,” Wong told RENX, adding that he sees resorts and leisure as the “next frontier” for the company.“This opportunity bridges that world between traditional hospitality operations and real estate development. I think it was a perfect fit for me and it felt like a win-win because I felt like I can bring a whole new set of capabilities to Great Gulf.”Great Gulf Group and its affiliate companies have major projects spanning the entire real estate spectrum in Canada and the United States.Within its resorts portfolio, Great Gulf Group owns Taboo Muskoka on Lake Muskoka near Gravenhurst, Ont. It also has plans for two new developments near Collingwood, Ont., and another in Killington, Vt.“We now have a pipeline of between 5,000 and 6,000 units that are squarely in the resort residential space,” Wong said.Killington acquisition and development&nbsp;Great Gulf Group closed on the $43-million acquisition of the Vermont site from SP Land Co. last May.&nbsp;It will develop a 1,095-acre ski village and luxury resort community, with ski-in/ski-out residences, in the shadow of the 4,241-foot Killington Peak in the heart of a popular ski and mountain adventure area.The Town of Killington is involved with creating municipal infrastructure for the development, including a water system and improved roads. That work began in October and is expected to take two years to complete.The first residential offering will encompass more than 200 low-rise condominium units, townhouses and single-family homes.The site is also permitted for more than 32,000 square feet of commercial space to serve residents and visitors.&nbsp;The goal is for the first phase of sales to begin in Q4 2024 and for construction to begin in early 2025.&nbsp;Wong said the development will also include a new ski lodge, an amphitheatre and a pond that can be used for skating when it freezes.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://renx.ca/resorts-leisure-grow-prominence-great-gulf-group">Read The Full Article</a>

RENX Homes highlights Great Gulf Group's heightened focus on resorts and leisure sector

Leading real estate company Great Gulf Group ("Great Gulf") has bolstered its senior leadership ranks, including its Resorts and Leisure division, with three key hires. Jay Wong has joined the company in the newly created position of President, Resorts and Leisure; Corinne Pruzanski has stepped into the role of Chief Legal Officer (CLO); and Kristopher Wojtecki has become Chief Operating Officer (COO).Jay Wong to lead growth of Resorts and Leisure portfolio&nbsp; Jay Wong will lead the expansion of Great Gulf's Resorts and Leisure portfolio through innovative resort developments and exciting new operational concepts. A seasoned hospitality leader, Wong joins Great Gulf from Exclusive Resorts, a members-only luxury travel club. As Executive Vice President of Operations and Member Experience, he was instrumental in driving a major turnaround of the business. Prior to that, he formed the Americas Portfolio Management team at Four Seasons Hotels and Resorts and held leadership roles across strategy, brand, and operations at Starwood Hotels and Resorts.Earlier this year, the company announced plans to develop a groundbreaking master-planned ski village and <a target="_blank" rel="noopener noreferrer" href="https://www.livekillington.com/">luxury resort community</a> in Killington, Vermont. &nbsp;The project will span over 1,000 acres at completion and bolster the current portfolio, which includes Taboo Resort on Lake Muskoka, Ontario and two new developments in Collingwood, Ontario."I'm thrilled to be joining Great Gulf for this next era of growth," said Wong. "There are countless opportunities to elevate this segment through ambitious, mixed-use projects infused with creative, dynamic programming."Corinne Pruzanski and Kristopher Wojtecki enhance senior leadership team&nbsp; Corinne Pruzanski will lead Great Gulf's legal strategy as Chief Legal Officer. Pruzanski is an accomplished general counsel and senior executive with over 25 years of experience in the commercial real estate industry in Canada, the U.S. and Europe. Before joining Great Gulf, Pruzanski was General Counsel for Canadian Apartment Properties REIT (CAPREIT) for more than a decade. Prior to CAPREIT, Pruzanski was a Partner in the law firm Stikeman Elliott LLP, which she joined after starting her legal career at leading law firms in New York. Her experience includes mergers, acquisitions and capital markets transactions in the multi-family, commercial and hospitality sectors on both sides of the border. She is a member of the Board of Directors of Women General Counsel of Canada and the Distress Centres of Greater Toronto.Pruzanski is taking over from Tom Griffiths, who will be leaving Great Gulf at the end of this year after more than 12 years as the company's Chief Legal Officer."I'm very excited to be joining a company with a remarkable track record and diversity of investments," said Pruzanski. "I look forward to working with such an accomplished team of professionals through the company's next phase of growth."Kristopher Wojtecki will take on the newly created position of Chief Operating Officer to lead Great Gulf's overall growth strategy. His responsibilities include capital formation, portfolio management across all platforms, and further elevating the company's culture, capabilities, and overall stature.Prior to joining Great Gulf, Wojtecki had an extensive tenure at the Public Sector Pension Investment Board (PSP Investments), culminating in his role as Managing Director, Real Estate Investments. In this position, he was responsible for guiding investment strategy, deal origination, acquisitions, asset management and dispositions for PSP's Americas portfolio. His track record includes significant developments such as Downsview in Toronto, Seaport in Boston, and The Wharf in Washington, D.C."I am eager to contribute to Great Gulf's growth by harnessing the combined expertise of our team to focus on our pipeline of incredible projects and strategic partnerships and acquisitions in the United States and Canada," said Wojtecki.Executive Chairman and interim Chief Executive Officer Bill Tresham added, "The company prides itself on its team of dedicated professionals. Jay, Corinne, and Kris will play essential roles driving forward the founders' multi asset class development. I would like to thank Tom Griffiths and recognize his devoted service."&nbsp; <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/Linked_In_Press_Release_Post_Image_6_8344390f46_821699a4c6.png">About Great Gulf&nbsp; Established in 1975, the Great Gulf Group including Great Gulf, an international award-winning, low-rise and landmark high-rise residential developer; Ashton Woods Homes, the largest private builder and 15th largest in the U.S.; First Gulf, an innovative market leader in sustainable, accessible and transit-oriented commercial developments and large scale design-build industrial facilities; Tucker HiRise, a leading construction management company, specializing in the construction of high-density, mixed-used projects; H+ME Technology, a precision engineering panelization manufacturing facility; and Taboo Muskoka, one of Canada's top-ranked golf courses, is one of North America's premier real estate organizations. With major projects in Canada and the United States, the company's fully integrated activities span the entire real estate spectrum. Learn more at greatgulfgroup.com.

thumbnail_gg_blue_logo_ecbc431e5a.png

gg_blue_logo_ecbc431e5a.png

Great Gulf Group strengthens senior leadership team with a trio of key appointments

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/Forbes_logo_0277a4f051_8cba1d93ea.png"></figure>Many businesses around the U.S. are still scrambling for ways to get staff back to the office after the popularity of working from home exploded during the pandemic. Great Gulf Group, one of North American’s largest home builders, hopes you’re more inclined to stay with what you like and consider a move even further away to better enjoy life.Great Gulf in May paid $43 million for land at the foot of Killington Ski Area, the biggest ski resort in the eastern U.S., and intends to develop the nearly 1,100 acres into condos, townhomes, and single-family homes, along with a new retail village and lift lodge. The long-delayed project is one of the largest in environmentally restrictive Vermont in recent years.&nbsp; <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/960x0_cd306922e2_aa883287be.jpg">The business rationale: work from home is here to stay after the pandemic, making it more attractive than ever to live and work in a ski area or other resort community. The way Great Gulf sees it, that appeal is so strong that even existing second homes will increasingly become first homes in today’s stressed-out world.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://www.forbes.com/sites/russellflannery/2023/12/03/same-job-better-life-vermont-beast-beckons-work-from-home-crowd-amid-economic-shift/?sh=35c9980f4119">Read The Full Article</a>

medium_960x0_5fb9c93b42.jpg

small_960x0_5fb9c93b42.jpg

thumbnail_960x0_5fb9c93b42.jpg

960x0_5fb9c93b42.jpg

Forbes Highlights Great Gulf's Killington Project In Vermont

<div class="raw-html-embed">
 <figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;">
 <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/designboom_52a3e77507_d751cd8953.png" alt="design bloom logo">
 </figure>
</div> SAFDIE ARCHITECTS’ MOUNTAIN VILLAGE IN KILLINGTON&nbsp; Just in time for ski season, new images of Safdie Architects‘ mountain village community in Killington, Vermont have been revealed. Backed by developer Great Gulf, this unveiling marks a significant step toward realizing the ambitious 450-acre project nestled at the foot of the 4,241-foot mountain. Enveloped by six mountain peaks, the project will introduce a village and luxury residential community shaped by modern architecture and resort-style living. Safdie Architects works together with PWP Landscape Architecture, to ensure a harmonious integration with the natural surroundings. A ski town for all seasons, the plan will include the East’s largest ‘ski beach’ and ski-in / ski-out access within the private confines of a residential community.&nbsp; <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_5952d7dfe4_b99fa41a3b.jpg">SKI-IN / SKI-OUT HOMES WITH MODERN ARCHITECTURE&nbsp; The initial phase of Safdie Architects’ expansive project will introduce over 32,000 square feet of commercial space and approximately 225 residences to Killington, Vermont. These include meticulously crafted condominiums, townhomes, and single-family homesites, each offering the coveted luxury of ski-in / ski-out access. With the development, the design team is setting the stage for a community where architecture and lifestyle seamlessly converge.&nbsp;&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://www.designboom.com/architecture/safdie-architects-killington-vermont-ski-resort-village-12-02-2023/">Read The Full Article</a>

medium_moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_be755d2310.jpg

small_moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_be755d2310.jpg

thumbnail_moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_be755d2310.jpg

moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_be755d2310.jpg

Designboom covers the upcoming ski village in Vermont, designed for Killington by Safdie Architects.

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/mountaintimes_52012d145e_b5f97dc12a.png"></figure>&nbsp;At the Killington Cup last week-end, Great Gulf the developer for the planned Killington Village at the base of Snowshed and Ramshead, unveiled renderings — it was the publics first look into the vision of the new developer.Great Gulf bought the rights and permitted plans to develop a village at the base of Killington Resort in May from SP Land Co. The new village will at the base of the mountain on 1,095 acres of development land (the village portion will be on 45 of those acres). PermitsforPhase1includeabout 32,000 square feet of commercial spaceand225newunitsofhousing with a mix of condos (193 units), town- homes, and single-family homes.<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/moshe_safdie_architects_great_gulf_killington_vermont_designboom_01_92fb447a40.jpg"></figure>&nbsp;Michael Sneyd, president of the Resort Residential Division of Great Gulf called the original permitted plans “a substantial foundation,” and “a very good plan” when speaking at a community meeting, Oct. 19, adding, “but we think Killington deserves something better than very good. We believe this ski village should be better thananyotherskivillage.”<a target="_blank" rel="noopener noreferrer" href="https://mountaintimes.info/mountain-times-volume-51-number-47-nov-29-dec-5-2023/">Read the full article</a>

medium_moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_5952d7dfe4.jpg

small_moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_5952d7dfe4.jpg

thumbnail_moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_5952d7dfe4.jpg

moshe_safdie_architects_great_gulf_killington_vermont_designboom_03_5952d7dfe4.jpg

Mountain Times Showcases Great Gulf's Vision and Renderings for New Killington Village

<div class="raw-html-embed">
 <figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;">
 <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/download_703287048c_17e12f7940.png">
 </figure>
</div> Vermont Business Magazine Vermont’s Killington Resort, the largest ski and snowboard destination in Eastern North America, and part of POWDR, announces that in partnership with Great Gulf, it will donate a total of $700,000 to the Town of Killington. The money is allocated to fund 70 acres of land in Killington on which to develop workforce housing, part of the area’s ongoing Killington Forward initiative. Killington Resort is committed to supporting the community through Play Forever, an initiative which aims to strengthen the place where we live with donations such as this one.&nbsp; <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/Check_Presentation_geery_9d4cf0a20b_2cee165133.jpg">The 70-acre plot is located off Nanak Way in Killington and will be serviced by the new municipal water system being installed over the next several years. The land is mapped for a total of 250-300 housing units, with 6-8 multifamily apartment buildings and 16-20 duplex or single-family homes with ample green space.“We are excited to offer this funding to the town of Killington in support of future workforce housing in the area,” says Killington President and General Manager Mike Solimano. “We all know the area is in need of this type of development, which will provide housing for the workers who support the whole community and will be integral to the success of the new ski village by Great Gulf.”&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://vermontbiz.com/news/2023/october/27/killington-resort-and-great-gulf-pledge-700000-support-workforce-housing">Read The Full Article</a>

medium_Check_Presentation_geery_31a4ff7fb8.jpg

small_Check_Presentation_geery_31a4ff7fb8.jpg

thumbnail_Check_Presentation_geery_31a4ff7fb8.jpg

Check_Presentation_geery_31a4ff7fb8.jpg

VermontBiz Features Killington Resort's and Great Gulf's pledge of $700,000 to support workforce housing

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/RENX_13d8430ea3_689febe8b6_16670ca74c.jpg"></figure> The conundrum over Canada’s housing supply and costs have led to a scramble for solutions. Innovations to build faster and cheaper than conventional homebuilding have been introduced, one of the most notable being prefabrication.By constructing housing at a factory, proponents argue prefabrication not only builds quicker and more affordably, it creates less waste and boosts productivity.Great Gulf Group of Companies, a Toronto-based commercial and residential property builder, developer and manager, is a leader among its peers for its early adoption of prefabrication through its H+ME Technology business.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://renxhomes.ca/prefabrication-housing-moment-canada-now-great-gulf">Read The Full Article</a>

medium_2023_10_26_46_article_image_prefabrication_housing_moment_canada_now_great_gulfjpg_88f8563655.jpg

small_2023_10_26_46_article_image_prefabrication_housing_moment_canada_now_great_gulfjpg_88f8563655.jpg

thumbnail_2023_10_26_46_article_image_prefabrication_housing_moment_canada_now_great_gulfjpg_88f8563655.jpg

2023_10_26_46_article_image_prefabrication_housing_moment_canada_now_great_gulfjpg_88f8563655.jpg

RENX Homes highlights Great Gulf's adoption of prefabrication through its H+ME Technology division.

<div class="raw-html-embed">
 <figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;">
 <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/toronto_sun_78483e3a6c_8a5a1b6185.png">
 </figure>
</div>After introducing the world’s first Active House-certified home seven years ago, Great Gulf has announced its active house will soon be available in select communities across Ontario.“Active House is a paradigm shift in building design, one that puts the health of both people and the planet first to create a better quality of life.,” says Tad Putyra, president, Great Gulf Low-Rise &amp; Home Technology, and member of the international Active House Alliance’s Board of Advisory Committee. “The Active House label is a signal to homeowners that their house is designed to improve their overall well-being, and future-proofed for their evolving needs.”Designed by in-house architects and constructed in Great Gulf’s 200,000-square-foot Toronto manufacturing plant, the house is built with prefabricated, CSA-certified wood panels using a robotically precise 3D computer modelling process that according to the company “pre-emptively eliminates issues before they arise.” The parts are then transported to the site for just-in-time assembly.<a target="_blank" rel="noopener noreferrer" href="https://torontosun.com/life/homes/great-gulf-launches-revolutionary-active-house-in-bradford">Read The Full Article</a>

large_1021_ts_active1_scaled_80566db9fe.jpg

medium_1021_ts_active1_scaled_80566db9fe.jpg

small_1021_ts_active1_scaled_80566db9fe.jpg

thumbnail_1021_ts_active1_scaled_80566db9fe.jpg

1021_ts_active1_scaled_80566db9fe.jpg

Toronto Sun Highlights Great Gulf's Active House Launch In Bradford

<img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/mountaintimes_d798f7ac92_aa446c9fe3.png">&nbsp; On Oct. 4, the town of Killington officially broke ground on its municipal water system — among the biggest drivers of the Killington Forward initiative, which, also includes a complete rebuild of Killington Road, a workforce housing development and a new village at the base of Snowshed and Ramshead.Over &nbsp;60 local, state and federal officials gathered to celebrate the historic milestone at the future site of the pump house on Route 4.“You’ve waited 35 years for this,” said Lyle Jepson, executive director of Chamber and Economic Development of the Rutland Region, as giant scissors snipped the ceremonial red ribbon. Jepson was referring to a village development that has long been planned and abandoned by various developers due to lack of municipal infrastructure. “This is moving Killington and Vermont forward!” Jepson added.<a target="_blank" rel="noopener noreferrer" href="https://mountaintimes.info/killington-forward-kickoff-attracts-dozens-of-local-regional-state-representatives/">Read The Full Article</a>

small_Screen_Shot_2023_10_11_at_4_37_10_PM_698x394_f3b29ee508.png

thumbnail_Screen_Shot_2023_10_11_at_4_37_10_PM_698x394_f3b29ee508.png

Screen_Shot_2023_10_11_at_4_37_10_PM_698x394_f3b29ee508.png

Mountain Times: Killington Forward kickoff attracts dozens of local, regional, state representatives

<div class="raw-html-embed">
 <figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;">
 <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/header_banner_news_78a3366487_58023dd4ee.png">
 </figure>
</div> Safdie Architects has been tapped by developers Great Gulf to deliver a master-planned residential development in Killington, Vermont. While design proposals for the site are yet to be revealed, Great Gulf has said that sales of the first residences will launch next year, designed by a team led by Safdie and PWP Landscape Architecture.&nbsp; <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/killington_62f1d6fc4a_5689391c23.jpg">According to the developers, the site will hold a “one-of-a-kind master-planned village and luxury four-season resort-style residential community.” The 450-acre development will include ski-in/ski-out access, restaurants, retail, and “the largest ski beach in the East.”Phase One of the scheme will include over 32,000 square feet of commercial space and approximately 225 residences consisting of condominiums, townhouses, and single-family homesites. “We aim to capture the spirit of, and character of, the Vermont village in a contemporary rendition of vital public spaces for all seasons,” Moshe Safdie is quoted on a website dedicated to the development.<a target="_blank" rel="noopener noreferrer" href="https://archinect.com/news/article/150382087/safdie-architects-and-pwp-landscape-architecture-to-deliver-luxury-mountain-village-for-great-gulf-in-killington-vermont">Read The Full Article</a>

large_killington_de45f3369a.jpg

medium_killington_de45f3369a.jpg

small_killington_de45f3369a.jpg

thumbnail_killington_de45f3369a.jpg

killington_de45f3369a.jpg

Archinect News Reports Safdie Architects and PWP Landscape Architecture to Deliver 'Luxury Mountain Village' for Great Gulf in Killington, Vermont

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/mychamplainvalley_digitalbrand_min_84fdefdd35_2710fad017.jpg"></figure> KILLINGTON, VT – In a cleared out section of forest off of U.S. Route 4 in Killington, the biggest infrastructure project in the towns history is now officially underway.Wednesday afternoon, town and state officials marked the start of phase one of ‘Killington Forward’, a nearly $50 million dollar infrastructure project that will bring upgrades to the towns water system and roadways, and eventually result in the construction of a new ski village at Killington Resort. Plans for the project have been talked about for decades, and town officials say phase one, which focuses on the water and roadway improvements, is expected to last a few years.“It signifies just the start of something beautiful, but the end of a lot of work to get that momentum started,” said Stephanie Clarke, the lead developer of Killington’s tax increment financing (TIF) district, which will help partially fund the project through increased property taxes. Voters in Killington approved the tax increase earlier this year on Town Meeting Day by a 3:1 margin.The cleared out section of forest where officials cut the ribbon will likely be one of the first areas where construction will start, as it will be the site of a new water pump station that could eventually spread to the entire town. Town officials say the water infrastructure upgrade is much needed, as the town has been dealing with Per- and polyfluoroalkyl substances (PFAS), also known as ‘Forever Chemicals’, contaminating their water system for the past few years.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://www.mychamplainvalley.com/news/local-news/major-infrastructure-project-begins-in-killington/">Read The Full Article</a>

Great Gulf's Killington Project Featured In My Champlain Valley.com

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/VT_Digger_Logo_RGB_5a955b9f9c_341a1b6c9b.webp"></figure> KILLINGTON — Killington cut the ribbon Wednesday on its new municipal water project, the first phase in an infrastructure plan expected to spur $285 million in real estate development.“You’ve waited 35 years for this,” said Lyle Jepson, executive director of Chamber and Economic Development of the Rutland Region, as giant scissors snipped the ceremonial red ribbon.A gathering of more than 40 local, state and federal officials celebrated at the site of the infrastructure project, which will pump water from wells beside the Ottauquechee River up to the Killington Road, creating a town water system.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://vtdigger.org/2023/10/04/killington-cuts-ribbon-on-town-water-project-projects-285-million-in-grand-list-growth/">Read The Full Article</a>

large_Image_from_i_OS_3_scaled_2b343dc5ec.jpg

medium_Image_from_i_OS_3_scaled_2b343dc5ec.jpg

small_Image_from_i_OS_3_scaled_2b343dc5ec.jpg

thumbnail_Image_from_i_OS_3_scaled_2b343dc5ec.jpg

Image_from_i_OS_3_scaled_2b343dc5ec.jpg

VTDigger Highlights Killington's Ribbon Cutting Ceremony And Project Plans 

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/rutlandlogo_6b4f7ec3ac_772413cd87.jpg"></figure> KILLINGTON — Local and state officials and leaders gathered Wednesday afternoon to celebrate the official opening of Killington Forward’s municipal water and road project.The celebration began at noon at the Killington Welcome Center and drew a substantial crowd for a tour of the pump station site, a ribbon- and first-tree cutting, as well as a reception to celebrate reaching the first phase of the project.The Killington Forward project, which was part of a $47 million infrastructure bond passed on Town Meeting Day, involves improving Killington Road and adding drinking water infrastructure, as well as building a ski village with over 200 units and additional workforce housing.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://www.rutlandherald.com/news/local/killington-forward-projects-celebrates-groundbreaking/article_ed00163e-78af-5b2d-b1ee-dbd25e2a8cf7.html">Read The Full Article</a>

large_651dc0c2dcd2f_image_a244e3c2cb.jpg

medium_651dc0c2dcd2f_image_a244e3c2cb.jpg

small_651dc0c2dcd2f_image_a244e3c2cb.jpg

thumbnail_651dc0c2dcd2f_image_a244e3c2cb.jpg

651dc0c2dcd2f_image_a244e3c2cb.jpg

Rutland Herald Highlights Killington's Groundbreaking Ceremony

<div class="raw-html-embed"><figure class="image image_resized" style="width:100%;display:flex; justify-content:center;"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/Urban_Toronto_d2fbb1116f_e72d452ed5.png"></figure></div>As Toronto's main streets continuously evolve through the redevelopment of assembled properties, many heritage elements are being incorporated with the new buildings, most often through restored or replicated heritage walls now fronting modern concrete and steel structures in behind. &nbsp;Eight Cumberland is one of those projects combining the old with the new. Designed by architects—Alliance for Great Gulf and Phantom Developments, the 51-storey modern condo tower with heritage retail street-fronts, is located at the northeast corner of Yonge and Cumberland streets in the Bloor-Yorkville area.While the new tower was already topped off at the start of this year, this summer saw the unveiling of its podium's preserved heritage facades as restoration work was completed on them. On behalf of the developers, GBCA Architects assembled an Heritage Impact Plan for the project and have endeavoured to return this row of five three-storey heritage street-fronts to close to their original state. Nestled at the base of the tower, the buildings are addressed to 826 through 834 Yonge Street, and embody the traditional built charm of Yonge Street. <a target="_blank" rel="noopener noreferrer" href="https://urbantoronto.ca/news/2023/09/eight-cumberland-reveals-restored-heritage-streetfronts.53998">Read The Full Article</a>

large_53998_163259_f2fb0defe9.jpg

medium_53998_163259_f2fb0defe9.jpg

small_53998_163259_f2fb0defe9.jpg

thumbnail_53998_163259_f2fb0defe9.jpg

53998_163259_f2fb0defe9.jpg

8 Cumberland

Eight Cumberland Reveals Restored Heritage Streetfronts: Urban Toronto

<img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/mountaintimes_52012d145e_0bd08d7ca4.png">&nbsp; Killington village developer Great Gulf announced Thursday, Sept. 28, that the world-renowned Safdie Architects and PWP Landscape Architecture have been chosen as the design team for the future village at the base of Snowshed and Ramshead at Killington Resort.Also, Thursday, Great Gulf launched an updated website for the Killington project: LiveKillington.com.“We knew early on, only a world-class design team could realize our vision for the 4-season mountain resort we believe is the future of Killington,” said Elly Reisman, chairman of Great Gulf on LiveKillington.com.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://mountaintimes.info/great-gulf-announces-design-team/">Read The Full Article</a>

Mountain Times: Great Gulf announces design team for village at Killington Resort

<img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/PLAP_3_COTJVH_3_DFMR_3_CI_5_EKYITM_7a59c21742_5c004336ea.png">&nbsp; KILLINGTON, Vt. (WCAX) - A major development project in Killington is about to get underway. One that officials say will transform the popular ski town. Killington Forward is a huge public-private development project that will be taking place in this community for many years to come.“I have a season pass here so I definitely think they are doing things right,” said Paul Luciano of Rochester, N.Y., who was one of dozens of mountain bikers at Killington Wednesday taking advantage of riding and views at the Snowshed Base Lodge.But eventually, the lodge, along with Ramshead across the road, will be torn down to make way for a new ski village being built buy the developer Great Gulf. The project will include about 225 residences and more than 32,000 square feet of commercial space.<a target="_blank" rel="noopener noreferrer" href="https://www.wcax.com/2023/09/27/major-killington-development-moves-forward/">Read The Full Article</a>

large_killington_62f1d6fc4a.jpg

medium_killington_62f1d6fc4a.jpg

small_killington_62f1d6fc4a.jpg

thumbnail_killington_62f1d6fc4a.jpg

killington_62f1d6fc4a.jpg

WCAX Reports Killington's Project Development

<div class="raw-html-embed"><figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/remi_network_com_vector_logo_340f5783d2_b10ab8712c.png"></figure></div>An active house that sets new standards for indoor comfort, energy efficiency and sustainable building practices was recently on display in Bradford, Ontario. Last week, Great Gulf unveiled Summerlyn Active House, a third of its kind in Canada, but the first production and sale home.The customizable design will soon be available in select communities across the province. Those who choose to live in one are promised a better quality of life—sleep, moods, concentration, productivity—while simultaneously reducing their impact on climate change.Brussels-based Active House Alliance—founded by Great Gulf and Danish-based manufacturing company Velux—came up with the design’s methodology ahead of the world’s first certified active house launch in Etobicoke seven years ago. Since active house principles and specifications were defined in 2011, they have been applied to numerous building types: single-family and multi-family residential, social housing, offices, schools and more.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://www.reminetwork.com/articles/great-gulf-active-house-bradford/">Read The Full Article</a>

medium_greatgulf_3908130274.jpg

small_greatgulf_3908130274.jpg

thumbnail_greatgulf_3908130274.jpg

greatgulf_3908130274.jpg

REMI Network Highlights Great Gulf's Active House

<div class="raw-html-embed">
 <figure class="image image_resized" style="width:20%; margin:0 auto; display:flex; justify-content:center;">
 <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/Globe_and_mail_7a89d3f836_8a8f32cdcc.png">
 </figure>
</div>The next time you’re driving along Holland Street West in Bradford, Ont., take a hard right at sculptor Ron Baird’s shining, kinetic dragonfly, and drive past the big pond. And just like Mr. Baird’s sculpture is hard to miss, since it’s perched atop a nine-metre pole, the house in question, just off Summerlyn Trail, recalls a famous Sesame Street song, One of These Things (Is Not Like the Others).Indeed. Hiding in plain sight among the unnecessarily complex roof shapes, pediment-topped garages with oculus windows and columned front porches, 8 Downy Emerald Dr. is a horse of a different colour.Opened about a week ago and a few years in the making, the Great Gulf-designed project is the builder’s third “Active House” – the first two were designed by the architectural firm superkül and located in Thorold and Etobicoke. It might be the first time homebuyers will get excited about a higher price tag.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/A_sustainable_home_with_all_the_bells_and_whistles_The_Globe_and_Mail_524e9bc7eb_3a0938b6c8.pdf">Read The Full Article</a>

large_Active_House_8f48d33031.jpg

medium_Active_House_8f48d33031.jpg

small_Active_House_8f48d33031.jpg

thumbnail_Active_House_8f48d33031.jpg

Active_House_8f48d33031.jpg

Active House Featured in Globe and Mail for Sustainable Homes

<div class="raw-html-embed"><figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/logo_dcn_shareable_4d8cf12dbd_56e5f852bc.png"></figure></div>Homebuilder Great Gulf has unveiled a model Active House as part of the latest phase of its Summerlyn community in Bradford, Ont., launching what the firm says is a globally celebrated package of sustainable and healthy living standards.Active Houses are based on a building standard originating in Denmark, with Great Gulf involved as a curator of the concept for 10 years, explained Tad Putyra, president of Great Gulf low-rise and home technology. He’s also a member of the international Active House Alliance’s board of advisory committee.The Active House package is available as a customizable option for homebuyers at Summerlyn and other new Great Gulf communities across much of Ontario, with panels and other components prefabricated in Great Gulf’s 200,000-square-foot Toronto manufacturing plant. <a target="_blank" rel="noopener noreferrer" href="https://canada.constructconnect.com/dcn/news/infrastructure/2023/09/great-gulf-launches-active-house-package-in-bradford">Read The Full Article</a>

small_PG_3_DW_active_house_great_gulf_plaqueweb_047418c3c2.jpg

thumbnail_PG_3_DW_active_house_great_gulf_plaqueweb_047418c3c2.jpg

PG_3_DW_active_house_great_gulf_plaqueweb_047418c3c2.jpg

Daily Commercial News Features Great Gulf's Bradford Launch of Active House Package

<div class="raw-html-embed">
 <figure class="image image-style-align-center image_resized" style="width: 100%;display: flex;justify-content: center;align-items: center;margin: 0 auto;">
 <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/ctv_ff9c87159d_8d0ff7e220.png">
 </figure>
</div> <a target="_blank" rel="noopener noreferrer" href="https://barrie.ctvnews.ca/video?clipId=2771454">Video: Great Gulf announced Bradford will be home to revolutionary active houses.</a>&nbsp; Reported by Ian Duffy<div class="raw-html-embed">
 <iframe src="https://webapps.9c9media.com/vidi-player/1.9.24/share/iframe.html?currentId=2771454&amp;config=ctvnews/share.json&amp;kruxId=&amp;rsid=bellmediaglobalprod&amp;siteName=barrie&amp;cid=%5B%7B%22contentId%22%3A2771454%2C%22ad%22%3A%7B%22adsite%22%3A%22ctv.ctvnews%22%2C%22adzone%22%3A%22embed%22%7D%7D%5D" width="560" height="315" frameborder="0" allowfullscreen=""></iframe>
</div> &nbsp;

large_650ca91ead5ee_image_e0dc8a1b2d.jpg

medium_650ca91ead5ee_image_e0dc8a1b2d.jpg

small_650ca91ead5ee_image_e0dc8a1b2d.jpg

thumbnail_650ca91ead5ee_image_e0dc8a1b2d.jpg

650ca91ead5ee_image_e0dc8a1b2d.jpg

CTV Barrie Features Great Gulf's Active House Design in Bradford Community

<div class="raw-html-embed"><figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/SOUTHASIAN_d9656c7919_8bb557461f.png"></figure></div>After introducing the world’s first Active House-certified home seven years ago, Canada’s leading real estate company Great Gulf announced today the revolutionary Active House will soon be available in select communities across Ontario. A ceremony was held in Bradford with Mayor James Leduc, Georgian College officials and municipal leaders to mark the occasion, unveiling the Summerlyn Active House – an exemplar for the enhanced quality of life within these customizable homes – and announcing a multi-year partnership with Georgian College that will provide scholarships and give students exclusive access to Great Gulf’s facilities for applied research. Drawing from over a decade of data analysis and real-life experimentation, the state-of-the-art Active House puts users at the centre by making living indoors healthier and more comfortable while having minimal climate impact. Great Gulf and Danish-based manufacturing company Velux are both founding members of the Brussels-based Active House Alliance, a group of international partners working to construct homes based on three key principles: comfort, energy, and environment.“ Active House is a paradigm shift in building design, one that puts the health of both people and the planet first to create a better quality of life. After years of research to understand residents’ experiences living in these homes, we’re thrilled to roll out this innovative approach to building design across Ontario,” says Tad Putyra, President, Great Gulf Low-Rise &amp; Home Technology, and Member of the international Active House Alliance’s Board of Advisory Committee.&nbsp; “The Active House label is a signal to homeowners that their house is designed to improve their overall well-being, and future-proofed for their evolving needs.”Designed by in-house architects and constructed using Great Gulf’s proprietary H+ME Technology system in the company’s 200,000-square-foot Toronto manufacturing plant, the house is built with prefabricated, CSA-certified wood panels using a robotically precise 3D computer modelling process that pre-emptively eliminates issues before they arise. The parts are then transported to the site for just-in-time assembly. &nbsp; <a target="_blank" rel="noopener noreferrer" href="https://southasiandaily.com/great-gulf-launches-revolutionary-active-house-in-ontario-and-announces-multi-year-partnership-with-georgian-college/">Read The Full Article</a>

large_unnamed_980fce4854.jpg

medium_unnamed_980fce4854.jpg

small_unnamed_980fce4854.jpg

thumbnail_unnamed_980fce4854.jpg

unnamed_980fce4854.jpg

South Asian Daily: Great Gulf launches revolutionary Active House in Ontario, and announces multi-year partnership with Georgian College

<div class="raw-html-embed"><figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/RENX_13d8430ea3_dfe4c340fc.jpg"></figure></div>Great Gulf has unveiled its first house built under Active House principles in the town of Bradford, Ont., with plans to offer the design at other communities across the province.The 3,185-square-foot Summerlyn Active House at 8 Downy Emerald Dr. adheres to a standard from the Brussels-based Active House Alliance, which recognizes homes built according to the pillars of comfort, energy and environment.Great Gulf had originally explored Active House design in 2016, when it moved a family of five into a test home in Etobicoke for six months to seek their feedback and observations.Active House is a “vision of building that creates (a) healthier and more comfortable life for the occupants without negatively impacting the climate,” Tad Putyra, the president and COO of Great Gulf’s low-rise division and H+ME Technology Plus, said in an interview with RENX Homes. <a target="_blank" rel="noopener noreferrer" href="https://renxhomes.ca/great-gulf-unveils-active-house-design-in-bradford-community">Read The Full Article</a>

RENX Homes Features Great Gulf's Active House Design in Bradford Community

Great Gulf has unveiled what the builder calls a “revolutionary” active house in Bradford that provides a wide variety of features to improve homeowners’ living conditions while having minimal environmental impact.The house is “a home that puts the user at the centre and transforms thinking around how homes can be built in Canada. A home that will help you sleep better, be more productive, raise a healthy family and is equipped to allow you to age in place,” Tad Putyra, president of Great Gulf Low Rise and Home Technology and Systems Plus and a member of the international Active House alliance’s board of advisory committee, said at the Sept. 20 event.“Why is an active house important? Health Canada tells us that we as Canadians spend 90 per cent of our time indoors, meaning elements like natural light, indoor air quality, temperature and acoustics can impact our health, physical and mental. The key principles of active house are comfort, energy and the environment. Each are a balance against each other, so buyers can choose how active their ideal house is.”The Bradford home, at 8 Downy Emerald Dr. in Summerlyn Village, located off Holland Street West east of Highway 400, is expected to come with a price tag of $1.49 million, $50,000 more than if it didn’t have all the active house amenities, although buyers of future homes will be able to purchase specific features they want. <a target="_blank" rel="noopener noreferrer" href="https://www.yorkregion.com/business/great-gulfs-revolutionary-active-house-in-bradford-puts-health-of-people-and-planet-first-builder/article_7ba9c9d6-f40e-5ba6-ae30-6e7f66d041a5.html">Yorkregion.com - Read The Full Article</a> <a target="_blank" rel="noopener noreferrer" href="https://www.simcoe.com/business/great-gulfs-revolutionary-active-house-in-bradford-puts-health-of-people-and-planet-first-builder/article_086a8de0-7d3b-5dcf-9704-b5868c5f5812.html">Simcoe.com - Read The Full Article</a>

Yorkregion.com & Simcoe.com Spotlights Great Gulf's 'revolutionary' active house in Bradford

&nbsp;<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/CBC_logo_svg_902955f68c_eb1fe10707.png"></figure> <a target="_blank" rel="noopener noreferrer" href="https://www.cbc.ca/player/play/2265458243971">Video: Active House Featured on CBC Toronto</a>&nbsp; Reported by Marivel Taruc, CBC&nbsp; Great Gulf Featured at 44:06&nbsp; &nbsp;<div class="raw-html-embed">
 <iframe title="vimeo-player" src="//www.cbc.ca/i/phoenix/player/syndicate/?mediaId=2265458243971" width="640" height="360" frameborder="0" allowfullscreen=""></iframe>
</div> &nbsp;

large_650ca91e9e907_4c9bdea6a7.jpg

medium_650ca91e9e907_4c9bdea6a7.jpg

small_650ca91e9e907_4c9bdea6a7.jpg

thumbnail_650ca91e9e907_4c9bdea6a7.jpg

650ca91e9e907_4c9bdea6a7.jpg

Active House Featured on CBC Toronto

<div class="raw-html-embed"><div style="display: flex; justify-content: center; align-items: center; width: 500px; height: auto; margin:auto;">
 <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/assets/Beacon_Residential_Logo_Image_For_Press_Release_9544922491.png" alt="Image" style="max-width: 100%; max-height: 100%;">
</div></div> TORONTO, July 25, 2023 /CNW/ - Great Gulf Group is pleased to announce the launch of the Beacon Residential brand, the company's purpose-built, single-family-rental community division. The unveiling of the brand comes at an opportune time as the build-to-rent portfolio continues to experience tremendous success in the U.S., with a total of 16 communities, nine currently for lease and several more expected to launch this year.&nbsp;Since 2020, Great Gulf Group has been a catalyst in bringing an innovative approach to rental housing to the U.S. Sun Belt with quality construction and curated designs. In less than three years, the company, along with its LP investors, have already committed $260 million of their $400 million target to over 2,300 units across 16 projects. With communities in the metropolitan areas of Charleston, Orlando, Austin, Houston, Tampa, Dallas, and San Antonio, Beacon Residential's portfolio satisfies an incredible demand for quality, well built homes for lease in both stand-alone and master-planned communities within rapidly growing submarkets.&nbsp;"The launch of Beacon Residential could not have come at a better time. While we've had an active portfolio in this asset class for over three years, we recognized the opportunity to formalize our activities with the launch of a dedicated brand. With demand driven by strong job growth, low taxes, high affordability, low unemployment, and the desirability for homes in warmer climates, we recognize the Sun Belt's appeal to a new wave of renters who prioritize flexibility and an array of other turnkey options over homeownership," says Kiel O'Sullivan, President, Beacon Residential.Beacon Residential is a subsidiary of Great Gulf Group, an international, award-winning, innovative real estate developer with 48 years of experience. The company has built more than 30,000 homes in Canada. Through its U.S. sister company, Ashton Woods Homes, the group also has delivered more than 70,000 homes across eight American states. Drawing on the expertise and innovation of these companies, Beacon Residential is well positioned to deliver exceptional value to its residents, while adding to the much-needed housing stock within the areas it serves.Beacon's professionally managed communities offer a maintenance-free lifestyle, along with a wide array of amenities such as smart home technology, lawn care, pest control, and 24/7 emergency maintenance. Residents also enjoy access to community amenities including pools, dog parks, playgrounds, and more."In the last couple of years, our communities have helped bring the benefits of apartment-style living to a single-family home setting, a market that has been underserved," continues O'Sullivan. "The growing demand for new, quality purpose-built rental housing is driven by factors such as affordability, changing life stages, and the increasing trend of 'renters by choice'. At Beacon, we believe the renter's experience should be at the forefront when developing our build-to-rent communities."For more information about Beacon Residential, please visit <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3927258-1&amp;h=864052737&amp;u=https%3A%2F%2Fwww.beaconresidentialcommunities.com%2F&amp;a=www.beaconresidentialcommunities.com">www.beaconresidentialcommunities.com</a>&nbsp;About Great Gulf Group Established in 1975, the Great Gulf Group includes Great Gulf, a premier real estate organization that develops and constructs low-rise, mid-rise, and high-rise communities across North America; First Gulf, a commercial developer specializing in industrial, life sciences, data center, and mixed-use properties; Tucker HiRise, focusing on the construction of high-density, mixed-used projects; H+ME Technology, a precision-engineered panelization manufacturing facility; a new recreation and resort division responsible for Taboo and Lora Bay in Ontario, and Killington Mountain in Vermont; and Beacon Residential, a single-family build-to-rent division with a growing presence across the U.S. Sun Belt.Ashton Woods Homes, a sister company, was founded in 1989 by principals of the Great Gulf Group. Ashton Woods has delivered more than 70,000 homes across the U.S. Southeast and Southwest and is the largest privately held homebuilder in the United States, based on closings.Learn more at <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3927258-1&amp;h=4065226319&amp;u=http%3A%2F%2Fwww.greatgulfgroup.com%2F&amp;a=www.greatgulfgroup.com">www.greatgulfgroup.com</a>About Beacon Residential Beacon Residential, a subsidiary of Great Gulf Group, is a leading build-to-rent company specializing in single-family communities. With a focus on sustainable construction, award-winning design, and a customer-centric approach, Beacon Residential aims to redefine rental living across the U.S. Sun Belt. Learn more at <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3927258-1&amp;h=783101171&amp;u=https%3A%2F%2Fwww.beaconresidentialcommunities.com%2F&amp;a=www.beaconresidentialcommunities.com.">www.beaconresidentialcommunities.com.</a>

large_Beacon Residential Logo Image For Press Release.png

medium_Beacon Residential Logo Image For Press Release.png

small_Beacon Residential Logo Image For Press Release.png

thumbnail_Beacon Residential Logo Image For Press Release.png

xsmall_Beacon Residential Logo Image For Press Release.png

Beacon Residential Logo Image For Press Release.png

Great Gulf Group Launches Beacon Residential Brand as Its Build-to-rent Portfolio Sees Growing Success in U.S. Sun Belt

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/2880px_The_New_York_Times_Logo_svg_08dd64e446_e88f50226b.png"></figure>Frank Gehry Returns to The Streets of His Canadian Childhood&nbsp; Ian Austen, New York Times&nbsp; Frank Gehry, the architect whose free-form Guggenheim Museum in Bilbao, Spain, redefined architecture and set off a surge in museum construction in the late 1990s, was recently back in Toronto, celebrating the beginning of a new project.&nbsp; <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/Canada_Letter_Frank_Gehrys_Toronto_roots_002_a080f952c2_cb77484bd2.jpg">&nbsp; Born and raised in Toronto, Mr. Gehry has had only one work in Canada, <a target="_blank" rel="noopener noreferrer" href="https://www.nytimes.com/2008/11/15/arts/design/15gehr.html?te=1&amp;nl=canada-letter&amp;emc=edit_cnda_20230715">his highly regarded renovation</a> of the Art Gallery of Ontario, which opened in 2008 in the neighborhood where he grew up.At 94, he is famously uninterested in retiring, and he came to Toronto last month to witness what he intends to be another masterpiece in Canada: two condo towers that will be his tallest project to date. One tower will be 84 stories high; the other, 74.The project, known as Forma, will sit near Roy Thomson Hall, the current home of the Toronto Symphony Orchestra, on streets Mr. Gehry roamed in his youth, when the area was dominated by railway lines and warehouses.&nbsp; It began as a collaboration between Mr. Gehry and David Mirvish, the theater owner who Mr. Gehry knew from Mr. Mirvish’s days as a private art gallery owner. The original plan, unveiled a decade ago, was for three towers of more than 80 stories each, but was scaled back after backlash from the public and from some politicians. The final design preserves, rather than knocks down, the Princess of Wales Theatre and retains two of the four warehouses that would have been demolished in the first plan. Mr. Mirvish also sold the project to a consortium of developers.After Mr. Gehry posed for many photos of the groundbreaking, I met with him in an office being used by the developers. Our conversation has been edited for length and clarity.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/Canada_Letter_Frank_Gehry_s_Toronto_roots_8079711f9e_444ed3f044.pdf">Read The Full Article</a>

large_Canada_Letter_Frank_Gehrys_Toronto_roots_002_a080f952c2.jpg

medium_Canada_Letter_Frank_Gehrys_Toronto_roots_002_a080f952c2.jpg

small_Canada_Letter_Frank_Gehrys_Toronto_roots_002_a080f952c2.jpg

thumbnail_Canada_Letter_Frank_Gehrys_Toronto_roots_002_a080f952c2.jpg

Canada_Letter_Frank_Gehrys_Toronto_roots_002_a080f952c2.jpg

Forma Toronto

Forma Featured In New York Times

<img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/assets/Gehry_v2_1_1909d986ed.jpg"> The official start of construction on Forma, Frank Gehry's homecoming masterpiece, comes as the project reaches over $1 billion in salesTORONTO, June 8, 2023 /CNW/ - Developers <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3885875-1&amp;h=2087786889&amp;u=https%3A%2F%2Fwww.greatgulf.com%2F&amp;a=Great+Gulf+Group">Great Gulf Group</a>,&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3885875-1&amp;h=3750192483&amp;u=https%3A%2F%2Fdream.ca%2F&amp;a=Dream">Dream</a> (consisting of Dream Unlimited Corp. (TSX: <a href="https://www.newswire.ca/news-releases/architectural-icon-frank-gehry-joins-development-group-to-celebrate-start-of-construction-at-forma-toronto-s-most-anticipated-condominium-residence-816833552.html#financial-modal">DRM</a>)&nbsp;and Dream Impact Trust (TSX: <a href="https://www.newswire.ca/news-releases/architectural-icon-frank-gehry-joins-development-group-to-celebrate-start-of-construction-at-forma-toronto-s-most-anticipated-condominium-residence-816833552.html#financial-modal">MPCT.UN</a>)), and <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3885875-1&amp;h=2886276763&amp;u=https%3A%2F%2Fwww.westdale.com%2F&amp;a=Westdale+Properties">Westdale Properties</a>&nbsp;were joined by Frank Gehry to celebrate the official start of construction on the world-renowned architect's homecoming project, Forma. Gehry is among the most influential in contemporary architecture&nbsp;with award-winning work spanning across the globe, including the Guggenheim Museum in Bilbao, the Walt Disney Concert Hall in Los Angeles, and Fondation Louis Vuitton in Paris. Forma&nbsp;marks Gehry's first residential tower in Canada and his tallest building in the world, setting the stage for the esteemed architect's return to his place of birth and the city that inspired his love of architecture. The construction milestone for the East tower comes as the team reaches over $1 billion in sales in less than a year."We are thrilled to be standing on the future site of Forma to celebrate the official start of turning this exceptional vision into a reality," says Mitchell Cohen, Chief Operating Officer, Westdale Properties. "This project truly raises the bar for the future of urban living in Toronto. There are hundreds of people who have worked to get us here and&nbsp;I am proud to work with a powerhouse team that bolsters a visionary approach to architecture and interior design. After almost a decade of planning, the momentum for this project has only continued to grow, made evident by the incredible reception we have received to date."Since launching in June 2022, Forma has been an outstanding success. In November, the project saw the sale of the highly desirable penthouse suite at Forma valued at over $20 million.&nbsp;The recent sales milestone reinforces&nbsp;the continued appetite for new construction luxury condominium residences in Toronto."This building is very close to my heart. Toronto is my hometown, and I wanted to do right by it. &nbsp;We wanted to make a building that paid homage to Toronto's rich past while also looking forward to its optimistic future. I hope that we have succeeded in making a sculpture on the skyline to reflect the light and essence of this city that I love" says Frank&nbsp;Gehry, Gehry Partners LLP.Defined by its shimmering façade and twisting shape, Forma will establish an unforgettable statement on Toronto's skyline. By offsetting the floorplates, the design ensures unparalleled views from every suite, giving residents the exclusive opportunity to experience Toronto from a myriad of angles. The exterior is designed to reflect the light and colour from the city.Alongside Gehry, internationally acclaimed interior designer Paolo Ferrari, founder of Studio Paolo Ferrari, was brought on to design the interiors. Taking inspiration from Gehry's vision, Ferrari drew from his extensive experience working on international hospitality projects to create a design for the amenities that establishes a compelling balance between exuberance and serenity. Amenities include a Creator's Club with multi-functional workspaces, an adjoining Maker's Studio for hands-on activities, a Grand Suite with sweeping views of the cityscape, as well as a Health and Wellness Retreat, a spa, jacuzzi and dedicated spin room.&nbsp;To register and learn more about Forma, please visit:&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3885875-1&amp;h=4186619434&amp;u=https%3A%2F%2Fformatoronto.com%2F&amp;a=https%3A%2F%2Fformatoronto.com%2F">https://formatoronto.com/</a>.About Great Gulf GroupEstablished in 1975, the Great Gulf Group includes Great Gulf Homes; Ashton Woods Homes, the largest private homebuilder in the US; First Gulf, a commercial developer specialized in industrial, lab, data centres, and mixed-use properties; Tucker HiRise, specializing in the construction of high-density, mixed-used projects; H+ME Technology, a precision engineering panelization manufacturing facility; a new Recreation and Resort division responsible for Taboo and Lora Bay in Ontario, and Killington Mountain in Vermont; and a Build-To-Rent division with a growing presence across the U.S. Sunbelt States. Learn more at&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3885875-1&amp;h=3350721499&amp;u=http%3A%2F%2Fwww.greatgulfgroup.com%2F&amp;a=www.greatgulfgroup.com">www.greatgulfgroup.com</a>.About Dream Unlimited Corp.Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $24 billion of assets under management across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For more information, please visit our website at&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3885875-1&amp;h=3611210446&amp;u=http%3A%2F%2Fwww.dream.ca%2F&amp;a=www.dream.ca">www.dream.ca</a>.About Dream Impact TrustDream Impact Trust is an open-ended trust dedicated to impact investing. Dream Impact's underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investing holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit:&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3885875-1&amp;h=3763645060&amp;u=http%3A%2F%2Fwww.dreamimpacttrust.ca%2F&amp;a=www.dreamimpacttrust.ca">www.dreamimpacttrust.ca</a>.About Westdale PropertiesFor more than 60 years, Westdale has owned, managed and developed real estate across Canada and the United States. A family-owned company, Westdale is committed to creating positive experiences for the tens of thousands of North Americans who call our buildings home, and for those who work and shop at our properties. This commitment extends to our partners, suppliers, contractors, and our team of over 1,400 dedicated employees. With a core business consisting of over 50,000 residential units in Ontario, Quebec and 11 U.S. states, Westdale continues to expand its portfolio to include over 4 million square feet of retail, office, industrial, food &amp; beverage, hotel and resort properties on both sides of the border. Westdale is also actively involved in a number of significant urban residential developments across North America, including projects in Toronto, Halifax, Kitchener, Atlanta, Dallas and Miami. please visit: <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3885875-1&amp;h=3625337317&amp;u=https%3A%2F%2Fwww.westdaleproperties.com%2F&amp;a=www.westdaleproperties.com">www.westdaleproperties.com</a>.&nbsp;SOURCE Great Gulf Group<img class="image_resized" style="width:1px;" src="https://rt.newswire.ca/rt.gif?NewsItemId=C1917&amp;Transmission_Id=202306080900CANADANWCANADAPR_C1917&amp;DateId=20230608" alt="">&nbsp;&nbsp;

medium_Gehry_v2 (1).jpg

small_Gehry_v2 (1).jpg

thumbnail_Gehry_v2 (1).jpg

xsmall_Gehry_v2 (1).jpg

Gehry_v2 (1).jpg

Architectural icon Frank Gehry joins development group to celebrate start of construction at Forma, Toronto's most anticipated condominium residence

<figure class="image image_resized image-style-align-center" style="width:18.61%;"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/CBC_logo_svg_902955f68c_bff7baf516.png"></figure> VIDEO: Forma Groundbreaking Interview With Frank GehryMarivel Taruc, CBC &nbsp;<div class="raw-html-embed"><iframe title="vimeo-player" src="https://player.vimeo.com/video/837026482?h=b6a47c3d1d" width="640" height="360" frameborder="0" allowfullscreen=""></iframe></div>

large_gehry4_c1cf0e90a3.jpg

medium_gehry4_c1cf0e90a3.jpg

small_gehry4_c1cf0e90a3.jpg

thumbnail_gehry4_c1cf0e90a3.jpg

gehry4_c1cf0e90a3.jpg

Frank Gehry In Conversation with CBC's Marivel Taruc

<figure class="image"><img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/2560px_Toronto_Star_Logo_svg_ff88c658d2_6976cfbebd.png"></figure>‘The light is free.’ How Frank Gehry hopes his condo project will give back to his home cityMay Warren, Toronto Star&nbsp; In a city where everything seems to be getting more expensive, Frank Gehry may have found the one thing you don’t have to pay for.“The light is free,” explained the 94-year-old renowned architect.“So you can play with it, if you can manipulate the materials you can manipulate the light and you get beautiful patterns.”Born and raised in Toronto, Gehry was back in town Wednesday for the groundbreaking of the east tower of Forma, his project that’s been almost 10 years in the making.It will consist of two towers, one at 73 storeys and the other at 84, at 266 and 276 King St. W., and more than 2,000 condo units.&nbsp; <a target="_blank" rel="noopener noreferrer" href="https://www.thestar.com/real-estate/the-light-is-free-how-frank-gehry-hopes-his-condo-project-will-give-back-to/article_c74cb3d4-fcac-56ae-b0c0-cc1dad7a7bad.html">Read The Full Article</a>&nbsp; &nbsp;

large_frank_gehry_d8f8e48e9b.jpg

medium_frank_gehry_d8f8e48e9b.jpg

small_frank_gehry_d8f8e48e9b.jpg

thumbnail_frank_gehry_d8f8e48e9b.jpg

frank_gehry_d8f8e48e9b.jpg

Toronto Star Spotlights Frank Gehry's Forma Project

<div class="raw-html-embed">
 <figure class="image image-style-align-center image_resized" style="width: 33%;display: flex;justify-content: center;align-items: center;margin: 0 auto;">
 <img src="https://greatgulfstrapi.blob.core.windows.net/greatgulf/lorabay/toronto_sun_78483e3a6c_d3cdbc146e.png">
 </figure>
</div>Toronto architect Frank Gehry comes home to build his tallest building yetJane Stevenson, Toronto Sun&nbsp; Toronto architectural icon Frank Gehry chose his hometown to build his first residential tower in Canada, calling it “a work of art” on Wednesday.Gehry, 94, joined the development team of Forma – comprised of Great Gulf Group, Dream and Westdale Properties, and theatre kingpin David Mirvish — to celebrate the official start of construction of the project’s east tower on Duncan and King Sts. on Wednesday.“King St. is where I used to hang out as a kid — my grandma’s house was on Beverly St. a few blocks from here and so I knew the neighbourhood pretty well and I still felt roots here,” said Gehry at the ground-breaking ceremony. “I feel part of it, I couldn’t help it, you can’t avoid it.”The project calls for the construction of two towers with a public space, a dedicated space for OCAD and a free art gallery. The west tower will be 84 storeys.<a target="_blank" rel="noopener noreferrer" href="https://torontosun.com/news/local-news/toronto-architect-frank-gehry-comes-home-to-build-his-tallest-building-yet">Read The Full Article</a>&nbsp; &nbsp;