Built on a Strong Foundation

Since 1989, we've worked to build strong, sustainable communities across Canada-providing reliable returns to fund pension plans and creating quality employment opportunities across our nation. Our aim is to build a people-first future.

See below for some of the important milestones we've achieved to date.

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1989

Concert founded

 Concert is founded as VLC Properties Ltd. by Jack Poole and David Podmore with the mandate to provide assured rental housing in Vancouver. VLC starts as a "public-private-pension" venture with joint ownership from the Province of British Columbia, and the City of Vancouver, two Canadian banks, 26 individuals and 26 pension funds.

Jack Poole, Concert co-founder
David Podmore, Concert co-founder
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1990

First rental project

The agreement is signed to build Parkside Village, the company’s first assured rental housing property in Vancouver.

Parkside Village
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1991

Construction milestone

With the topping off of Fraser Pointe I, Concert celebrates a construction milestone.

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1992

Expansion into the Vancouver condominium market

The company expands into affordable for sale housing, and construction begins with 24 townhomes at Wellington Mews.

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1992

100% pension plan owned

The company transitions to become wholly-owned by Canadian union and management pension plans.

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1994

28-acre mixed-use community breaks ground

Company breaks ground on Collingwood Village, the company’s first master-plan, transit-oriented development. Located adjacent to the Joyce-Collingwood SkyTrain station, it has been widely recognized as a pioneering example of a successful transit-oriented, mixed-use community.

Collingwood Village
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1995

New name, same founding principles

Company changes name from VLC Properties to Greystone Properties.

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1995

First charity golf tournament

The First Annual Golf Tournament is held to raise funds for trades training. These funds supported BCIT Trades Discovery students through scholarships and bursaries.

Golf-Tournament-96

 

 

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1996

New master-plan community - Arbutus Walk

Development begins on Concert's second master-plan community, Arbutus Walk. Located on six acres in Vancouver's Kitsilano neighbourhood, Arbutus Walk contains 654 condominium homes and the first Tapestry seniors' community.

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1996

Company diversifies

Company diversifies into commercial properties with several acquisitions including a 50% stake in a 100-acre industrial park on Mitchell Island and the 64-acre Fullerton Lands in North Vancouver.

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1999

Concert - a symphony of development success

Concert reveals its new name and brand. 

Concert naming ceremony 1999

 

 

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2001

Entry into Toronto market

Concert opens a Toronto office focused on developing new rental housing. Construction on Prelude, a 26-storey, 306-home rental development in North York. This project marks the company’s entry into the Toronto residential rental market.

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2001

Alliance with the Ontario Municipal Employees Retirement System (OMERS)

Concert forms alliance with the Ontario Municipal Employees Retirement System (OMERS) to develop multi-residential income properties.

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2002

Trades Discovery Sponsorship Program

Trades Discovery Sponsorship Program established with 14 other companies to address trades skills shortage. Concert's annual corporate charity golf tournament (see above, 1996) directs funds raised to trades training (over $3.5 million raised as of 2020).

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2002

Expands Commercial portfolio

Concert completes first commercial property acquisition in Alberta, expands income-producing commercial portfolio in BC. This expansion is in line with Concert's focus on increasing its income-producing commercial portfolio.

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2003

Partnership with Sun Life Financial

Company signs co-ownership agreement with Sun Life Financial for three downtown Vancouver office buildings, expanding scope of commercial income-producing properties.

Sun Life agreement
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2004

Ontario expansion

Concert expands into Toronto’s industrial and commercial property market with the acquisition of four properties, totalling 438,000 square feet, located in Vaughan, Brantford, Mississauga and Markham. This strategic move secures Concert's position within the second largest industrial property market in North America.

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2004

Expansion into Victoria condominium marketplace

The 164-home Astoria condominium development commences construction, marking the company’s entry into the Victoria condominium market.

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2005

Company breaks ground on Village Gate West

Building on Concert's well-earned reputation of bringing to life exceptional master-planned communities, company breaks ground on Village Gate West, Concert’s first master-plan community in Ontario, comprising 980 rental homes and Concert's first Ontario seniors community, Tapestry at Village Gate West

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2006

Collingwood Village completed

Collingwood

Concert’s award-winning master-plan community, Collingwood Village, is completed in Vancouver.

Collingwood Neighbourhood House wins 2012 Nesika Award for “contributing to raising awareness of diversity, multiculturalism and anti-racism issues, promoting respect and inclusion and creating a welcoming environment in our community.” Other awards follow.

 

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2008

The first seniors active aging community in Toronto opens its doors

Tapestry at Village Gate West is completed, delivering 168 seniors’ living rental suites. This project’s completion marks Concert’s entry into the Toronto seniors living market.

Tapestry at Village Gate West
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2009

Company founder Jack Poole passes away

Founding Chair Jack Poole and founding Chief Financial Officer, Lionel Wazny, pass away.
David Podmore appointed Chair & Chief Executive Officer and Brian McCauley appointed President.

Jack Poole
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2010

Creation of Concert Infrastructure Fund

Concert Infrastructure Fund is created to invest in Canadian private-public partnerships. Company focuses on the development of social infrastructure assets.

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2011

Concert’s first condominium development in Toronto

Construction commences on Concert’s first condominium development in Toronto. The Berczy, a 166-suite condominium development in downtown Toronto sells out in just over six months. Concert’s first Toronto condominium development is a tremendous sales success.

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2013

Company receives Platinum Georgie Award

The Company is recognized with a Platinum Georgie Award for having received 25 Georgie Awards between 1997 and 2012. The company has received over 100 awards as of 2021.

Georgie Awards
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2014

88 Scott in Toronto breaks ground

88 Scott, the largest single development the company had undertaken to date breaks ground. The landmark 58-storey mixed-use development in Downtown Toronto stands as the company’s tallest building to date.

88 Scott groundbreaking
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2015

The Creek master-plan community groundbreaking

A groundbreaking was held on the first building to be developed at The Creek, Concert's third master-planned community in Vancouver that is currently nearing completion with the development of Tesoro.

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2016

Creation of the CREC Commercial Fund LP

The fund provides an opportunity for Canadian pension plans and qualifying institutional investors to participate in a high-quality portfolio consisting of over $1 billion in existing industrial and office assets.

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2016

The Kip District master-plan community breaks ground

Phase One of the Kip District master-plan community breaks ground in Etobicoke on a condominium building. The Kip District is a transit-oriented, master-plan, mixed-use community located less than a five minute walk from the Kipling Subway, and Concert' second master-plan community in Ontario. Phase Two broke ground in 2019 and includes a condominium and rental building. The latter is the first project approved by the City of Toronto's Open Door Affordable Housing program. Kip Three is expected to break ground in 2022.

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2017

Brian McCauley named David Podmore's successor

Brian McCauley named President & CEO after 23 years with the company. David Podmore assumes current role of Chair & Co-Founder. 

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2018

Concert assumes management of Tapestry operations

Achieving self-management in October 2018, self-management had been a long-term objective for Concert. With three communities (two in BC and one in Ontario) and more on the way, Tapestry continues to meet the refined demands of today’s seniors.

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2018

Capital Park master-plan community breaks ground in Victoria

Capital Park, Concert's sixth master-plan community and first in Victoria, breaks ground on a six-acre site adjacent to the BC Legislature. The mixed-used co-development with partner Jawl Properties will reshape the face of Victoria, and incorporates 179 rental and condominium homes, 240,000 sq. ft. of LEED Platinum office space, 17,000 sq. ft. of retail space, pedestrian friendly plazas, parkettes, courtyards, water features and original public art.

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2019

Concert celebrates 30th anniversary

Concert celebrates its thirtieth year in operation by giving back to the communities where we live, work and play. Concert staff and Tapestry residents raise $110,000 for Covenant house to support homeless youth and $150,000 for cancer research through the Ride to Conquer Cancer. over $350,000 is raised to support trades training across Canada.
Concert_30th_Logo_3 inch+Under_CMYK
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2019

Burquitlam master-plan community breaks ground

Construction begins on a Concert's seventh master-plan community in the heart of Burquitlam in a unique partnership with the City of Coquitlam and the YMCA. This transit-oriented, mixed-use master-plan community will result in a 60,000 sq. ft. YMCA family recreation facility, a 2.5 acre expansion of Cottonwood park, a new Community Police Station, a new park-and-ride facility, rental housing, condominium homes and seniors housing. Concert has proposed over 1,000 rental homes, Metro Vancouver's largest single infusion of rental homes in one project, as well as 100 affordable suites through partnership with the City of Coquitlam, BC Housing, 43 Housing Society and CMHC.

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2019

Amazon Acquisition

Amazon distribution centre, Ottawa

CREC Commercial Fund LP acquires the one million square foot Amazon Fulfillment Centre in Ottawa with partner Broccolini.

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2021

Concert expands into Quebec

CREC Commercial Fund LP acquires a Montreal distribution centre (with L'Oreal Canada the primary tenant), further expanding Concert’s reach across Canada.

CREC Montreal acquisition
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2021

Concert opens Tapestry at Victoria Harbour

Concert opens the doors on its first active aging community in Victoria and fourth across the country.

Tapestry Victoria - Exterior Building