Ian Jones gave a presentation on real estate development to students at Humber College. He discussed his 50-year career in construction and project management, working on major projects like the TTC subway yards. He outlined the development process from acquiring land to construction and property management. Jones emphasized pursuing increased density approvals from municipalities and seeking the right balance of aesthetics, economics, and market appeal for projects. His current focus is on a proposed sustainable community called Lakeview Village in Whitby.
A look behind the curtain of large scale Real Estate Development - by BGI Group- Feb 12.14
1. BGI Development Group
Real Estate Developers
Development Managers
Project Managers
Construction Managers
Property Managers
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Page 11
Ian Jones, Pres. BGI Group – www.bgigroup.ca
“YOU CAN MAKE A DIFFERENCE”
A Discussion on Real Estate Development
Humber College
and
BGI Group
Feb. 05, 2014
2. BGI Development Group
Real Estate Developers
Development Managers
Project Managers
Construction Managers
Property Managers
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Ian JonesIan Jones-- a snapshota snapshot ……50 YEARS IN 5 MINUTES50 YEARS IN 5 MINUTES
-- 6060--63 WCCI Scarborough63 WCCI Scarborough -- GR.12GR.12 -- BEATLES/WOODSTOCKBEATLES/WOODSTOCK
-- 19631963-- 6868 -- 5 YRS 2 MAJOR GC5 YRS 2 MAJOR GC’’s (QS)s (QS) -- TRENT & WATERLOO UNIVERSITIES;TRENT & WATERLOO UNIVERSITIES;
TTC GREENWOOD SUBWAY YARDS; GARDINER EXPWYTTC GREENWOOD SUBWAY YARDS; GARDINER EXPWY (JARVIS TO SPADINA)(JARVIS TO SPADINA)
-- 6464--67 RYERSON NIGHTS (QS)67 RYERSON NIGHTS (QS)
-- 6868--72 Mathers & Haldenby Architects (HQ QS)72 Mathers & Haldenby Architects (HQ QS)
-- 1MIL SF ROBARTS LIBRARY; TGH ; ST. MIKES; UNIVERSITY BUILDINGS1MIL SF ROBARTS LIBRARY; TGH ; ST. MIKES; UNIVERSITY BUILDINGS
-- 7272-- 75 CONCORDIA PROJECT MANAGERS75 CONCORDIA PROJECT MANAGERS --Contracts Manager/Q.SContracts Manager/Q.S
-- PRINCE HOTEL Toronto (400 rooms) / HILTON Richmond St. TorontoPRINCE HOTEL Toronto (400 rooms) / HILTON Richmond St. Toronto (600 rooms)(600 rooms)
-- 7676--79 WOODCOCK PROJECT MANAGERS79 WOODCOCK PROJECT MANAGERS –– VP & Contracts Manager/Q.SVP & Contracts Manager/Q.S
–– SYDNEY NS CITY HALL; ELI LILLY PHARMA PLANT TORONTOSYDNEY NS CITY HALL; ELI LILLY PHARMA PLANT TORONTO
-- 8080 -- PRESENTPRESENT -- DEVELOPMENT COs.DEVELOPMENT COs. -- PRESIDENT OFPRESIDENT OF
BGI GROUP; BGI USA; BGI PANAMA; BGI CAPITALBGI GROUP; BGI USA; BGI PANAMA; BGI CAPITAL
i.e. CONSTRUCTION & PROJECT MANAGEMENT EXPERIENCE PLUS DESIGNi.e. CONSTRUCTION & PROJECT MANAGEMENT EXPERIENCE PLUS DESIGN /ENGINEERING/ENGINEERING
= a true Developer= a true Developer…….the.the ““Master BuilderMaster Builder”” of the Past.of the Past.
3. BGI Development Group
Real Estate Developers
Development Managers
Project Managers
Construction Managers
Property Managers
Page 3
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4. BGI Development Group
Real Estate Developers
Development Managers
Project Managers
Construction Managers
Property Managers
Page 4Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reservedAll Rights reserved -- The Bridgeton Group IncThe Bridgeton Group Inc..
5. BGI Development Group
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Page 5
BGI WEBSITEBGI WEBSITE www.bgigroup.cawww.bgigroup.ca
1) LAND;1) LAND;
2) PLANNING & DESIGN;2) PLANNING & DESIGN;
3)SALES & MARKETING;3)SALES & MARKETING;
4)LEGAL & FINANCE;4)LEGAL & FINANCE;
5)CONSTRUCTION;5)CONSTRUCTION;
------ ASSET MANAGEMENTASSET MANAGEMENT
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CASE STUDIESCASE STUDIES
-- 1246 YONGE ST.1246 YONGE ST.
TORONTOTORONTO
CONDOSCONDOS -- 1331 BAY TORONTO1331 BAY TORONTO
OFFICES/RETAILOFFICES/RETAIL CONDOSCONDOS
OFFICES/RETAILOFFICES/RETAIL
-- 370 KING W370 KING W -- HOLIDAY INN (NOW HYATT) ON KINGHOLIDAY INN (NOW HYATT) ON KING
TORONTOTORONTO
450 ROOMS450 ROOMS
+ 200,000SF OF+ 200,000SF OFFICESFICES
-- 30 ACRES30 ACRES –– MARKHAMMARKHAM
600 CONDOS REV.600 CONDOS REV.TO 200 THTO 200 TH
-- VILLAGE PARCVILLAGE PARC --MILTONMILTON -- 155 UNITS155 UNITS ––
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Page 7
-- MAPLEMAPLE -- RESIDUAL VALUERESIDUAL VALUE -- DAYSPRINGDAYSPRING --30 ACRES30 ACRES ––BRAMPTONBRAMPTON
MASTER PLAN 700 CONDOS + 160 BED LTCMASTER PLAN 700 CONDOS + 160 BED LTC
-- ST.JAMES CATHEDRALST.JAMES CATHEDRAL
–– ADELAIDE & CHURCH ST. TORONTOADELAIDE & CHURCH ST. TORONTO -- WHITBYWHITBY --20 ACRES KCI20 ACRES KCI --19 ACRES19 ACRES--TORONTOTORONTO
-- 200 YR HERITAGE200 YR HERITAGE -- 3,000 BURIED 600 UNITS+120KSFCOMM. CONF./HOTEL/OFFICE3,000 BURIED 600 UNITS+120KSFCOMM. CONF./HOTEL/OFFICE
KEYSKEYS --
1.1. -- DENSITYDENSITY ++ APPRAISALAPPRAISAL = ADDED VALUE EQUITY (PRIOR TO DEVELOPMENT)= ADDED VALUE EQUITY (PRIOR TO DEVELOPMENT)
2.2. -- MARKETMARKET DEMAND (NOT NECESSARILY WHATDEMAND (NOT NECESSARILY WHAT YOUYOU WANT)WANT)
3.3. --CHOOSE PATH OF PROGRESS COMBINED WITH PROVINCECHOOSE PATH OF PROGRESS COMBINED WITH PROVINCE’’SS ‘‘PLACES TO GROWPLACES TO GROW’’
4.4. -- PURSUE PATH OF LEAST RESISTANCE MUNICIPALLYPURSUE PATH OF LEAST RESISTANCE MUNICIPALLY
5.5. -- SEEK A PERFECT BALANCE OF AESTHETICS, ECONOMICS, AND MARKET APPSEEK A PERFECT BALANCE OF AESTHETICS, ECONOMICS, AND MARKET APPEALEAL
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Page 8
CURRENT FOCUSCURRENT FOCUS -- ““ LAKEVIEW VILLAGE AT WHITBY HARBOURLAKEVIEW VILLAGE AT WHITBY HARBOUR””
9. BGI Development Group
Real Estate Developers
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Project Managers
Construction Managers
Property Managers
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CUTTING EDGE SUSTAINABLE INTERGENERATIONAL COMMUNITYCUTTING EDGE SUSTAINABLE INTERGENERATIONAL COMMUNITY
““LAKEVIEW VILLAGE AT WHITBY HARBOURLAKEVIEW VILLAGE AT WHITBY HARBOUR””––500 UNITS & Commercial500 UNITS & Commercial
Generic Representations
LEED/Net Zero Targets
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Real Estate Developers
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Project Managers
Construction Managers
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Page 10
POSTGRADPOSTGRAD –– CONSIDER COUPLING THE ARCH OR ENGCONSIDER COUPLING THE ARCH OR ENG
DEGREE WITH RICS DESIGNATION (MRICS)DEGREE WITH RICS DESIGNATION (MRICS)
RICS WEBSITERICS WEBSITE –– www.rics.orgwww.rics.org HQ LONDON ENGLANDHQ LONDON ENGLAND
120,000 PROPERTY PROFESSIONALS WORLDWIDE120,000 PROPERTY PROFESSIONALS WORLDWIDE
MRICS ARE USED IN MOST PROPERTY DEVELOPMENTMRICS ARE USED IN MOST PROPERTY DEVELOPMENT
USED BY MOST FINANCIAL INSTITUTIONS AS LOANUSED BY MOST FINANCIAL INSTITUTIONS AS LOAN
MONITORS AND WORKOUT EXPERTSMONITORS AND WORKOUT EXPERTS
-- BEST MIX FOR A DEVELOPER?BEST MIX FOR A DEVELOPER?
PRODUCES A VERITABLE POWERHOUSE IN THIS BUSINESSPRODUCES A VERITABLE POWERHOUSE IN THIS BUSINESS
WITH MANY CAREER PATHS.WITH MANY CAREER PATHS.
CHECK OUTCHECK OUT www.rics.orgwww.rics.org
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Inc.Inc.
11. BGI Development Group
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A few words from Ian JonesA few words from Ian Jones’’ School of Hard KnocksSchool of Hard Knocks……..
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IF ONE WORD (I.E.IF ONE WORD (I.E. DENSITYDENSITY……) FROM WHAT YOU HEARD HERE) FROM WHAT YOU HEARD HERE
STAYS WITH YOU, THIS MAY BE WORTHWHILE FOR YOUR FUTURE.STAYS WITH YOU, THIS MAY BE WORTHWHILE FOR YOUR FUTURE.
ONLY CONSIDERONLY CONSIDER ‘‘YESTERDAYYESTERDAY’’ FOR WHAT IT CAN TEACH YOUFOR WHAT IT CAN TEACH YOU
ABOUTABOUT ‘‘TOMORROWTOMORROW’’. DON. DON’’T DWELL ON THE PASTT DWELL ON THE PAST
WORK AS MUCH WITH YOUR HEART AS YOUR HEADWORK AS MUCH WITH YOUR HEART AS YOUR HEAD
HAVE FAITHHAVE FAITH-- WHETHER IN YOURSELF OR SOMETHING GREATERWHETHER IN YOURSELF OR SOMETHING GREATER
HAVE COURAGE AND TENACITY AND DEVELOP THATHAVE COURAGE AND TENACITY AND DEVELOP THAT
ENTREPRENEURIAL SPARK INSIDEENTREPRENEURIAL SPARK INSIDE
YOUYOU CANCAN MAKE A DIFFERENCEMAKE A DIFFERENCE
IN FACT, YOU CAN GO INTO ALL THE WORLD AND MAKE AIN FACT, YOU CAN GO INTO ALL THE WORLD AND MAKE A
DIFFERENCE ( THE GLOBAL ARENA).DIFFERENCE ( THE GLOBAL ARENA).
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Page 12
AND CONCLUDING:AND CONCLUDING:
IN THE WORDS OF WINSTON CHURCHILLIN THE WORDS OF WINSTON CHURCHILL FROM 1944FROM 1944 --
““ WE SHAPE OUR BUILDINGS AND AFTERWARDS OUR BUILDINGSWE SHAPE OUR BUILDINGS AND AFTERWARDS OUR BUILDINGS
SHAPE USSHAPE US””
GOOGLE CAN ELABORATE HIS MEANING FOR YOU BETTER THAN I....GOOGLE CAN ELABORATE HIS MEANING FOR YOU BETTER THAN I....
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13. BGI Development Group
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Construction Managers
Property Managers
Page 13
Your emails are welcomedYour emails are welcomed…….. ian@bgigroup.caian@bgigroup.ca
Now go make a difference.Now go make a difference.
THANK YOU.THANK YOU.
LAST THOUGHTLAST THOUGHT…………..
INTERGENERATIONAL COMMUNITIESINTERGENERATIONAL COMMUNITIES -- ‘‘BACK TO THE FUTUREBACK TO THE FUTURE’……’……
Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reservedAll Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc.