MADY Development Corporation announced a collaboration with EllisDon Corporation in an effort to further extend the typical general contractor offering, and better support the delivery of superior high-rise commercial and residential services.
Executives from both companies, including Charles Mady, CEO of MADY, and Kieran Hawe, EllisDon’s Toronto Area vice president and manager, met to put the finishing touches on the relationship, which will tie MADY’s real estate development and management expertise to one of Canada’s largest and most successful construction services companies.
MADY has a current development portfolio of more than 1,500 condos, over 1.5 million square feet of retail projects and several retirement communities all valued at over $1 billion. As MADY continues to expand its real estate development activities, it will align itself with EllisDon’s recognizable brand, extensive bonding capacity, and its full range of in-house resources. MADY will also add significant high-rise commercial and residential projects to EllisDon’s ample sector list, which includes international efforts throughout North America and the Middle East.