Background Image
Table of Contents Table of Contents
Previous Page  68 / 86 Next Page
Information
Show Menu
Previous Page 68 / 86 Next Page
Page Background

JUNE 2019

suppliers, and getting the best

possible cost without sacrificing

on quality. He’s been excellent.”

Finally, John also credits the

municipality of St. Catharines –

Penn Terra Group has formed

an exceptionally close rela-

tionship with them going back

to their first condo project in

the city. John and his partners

made it a point then to be

flexible and collaborative, and

to break the ‘us versus them’

mould that typically dominates

city-developer relationships.

“Them versus us is not how we

work,” John says. “We’re here to

resolve issues and to compro-

mise. We’re not here to stomp

out feet and demand we get ev-

erything we want.”

Recently, Penn Terra Group has

been approached by a number

of municipalities across Ontar-

io to bring similar affordable

housing projects to their cities.

John believes those doors have

opened as a result of the re-

lationships they formed in St.

Catharines.

Moving forward, John hopes to

form similar relationships with

other city partners – both in

Ontario and beyond.

When it comes to beyond, the

company has recently acquired

land in Niagara Falls, New York,

where they intend to develop a

small student apartment rental

building similar to the two they

delivered in St. Catharines. In

Ontario, meanwhile, they have

identified at least three more

opportunities for affordable

housing projects that John says

they are “very close to pulling

the trigger on.”

Penn Terra Group does not

want to be the only developer

pursuing those opportunities,

however. They hope that their

success can inspire others to

do their own part to help meet

the desperate need for afford-

able housing across Canada.

“We’re not trying to be the only

developer here doing afford-

able housing on a larger scale,”

John says. “We would welcome

any other developer to open

their eyes and see that these

opportunities exist. It takes a

lot of hard work, but there are

ways to confront these chal-

lenges and come up with solu-

tions that benefit everyone.”