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Adi Development Group

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Adi Development Group is a major real estate developer in the Greater Toronto Area (GTA). The company was founded by brothers Tariq and Saud Adi in 2007, who started by buying and renovating rental properties.[1]. Since launching its first residential development in Burlington in 2012[2], the company has grown from $10-million dollars to $2.1-billion dollars in development[3]. In 2019, it was named the 10th fastest growing company in Canada[4]

Adi primarily constructs low, mid, and high-rise condominiums, including both infill and new construction projects. Most of Adi’s projects have been constructed in the Halton Region, but it has expanded to other markets in the GTA like Toronto[5].

  • Modr’n, Burlington Ontario
  • Link Condos and Lofts, Burlington Ontario
  • Nautique Lakefront Residences, Burlington Ontario
  • Stationwest, Burlington Ontario
  • Valera, Burlington Ontario
  • 64 Prince Arthur, the Annex in Toronto Ontario
  • 135 Portland, Toronto Ontario

In 2019, Adi Development Group co-founders Tariq and Saud Adi were named as Honorees for Canada’s Top 40 Under 40[6].

Adi Development Group consists of a group of companies, including Adi Capital Partners, an alternative asset management firm.

Awards[edit]

  • 2014 – Ontario Home Builder Award – Architectural Design for Link Condos for Tempus.[7]
  • 2016 – BILD Award for “Best Suite Design” for Nautique Lakefront Residences.[8]
  • 2016 – Ontario Home Builders’ Association - Best Suite Design (4+ Stories up to 800 sq. ft.) for Nautique Lakefront Residences[9]
  • 2017 – Hamilton-Halton Home Builders’ Association - Best Exterior Concept on a Mid-High Rise for The West at Stationwest[10]
  • 2017 – BILD Award for “Best Logo Low-Rise” for Stationwest.[11]

Associations[edit]

Adi Development Group is a member of the following associations:

References[edit]

  1. "ADI Development CEO on taking condo business to over $2 billion". August 15, 2019 – via www.bnnbloomberg.ca.
  2. "The Modr'n aims to be a game changer | The Star". thestar.com.
  3. Magazine, REM | Real Estate (July 15, 2019). "Tariq and Saud Adi honoured in listing of young business leaders".
  4. "Canada's top growing companies" – via The Globe and Mail.
  5. "Adi Development Group moving into Toronto condos". March 8, 2018.
  6. GmbH, finanzen net. "Canada's Top 40 Under 40® 2019 Honourees Announced | Markets Insider". markets.businessinsider.com.
  7. DeVries, Anita (2014-09-29). "Minto Communities named Ontario Home Builder of the Year | Toronto Sun". Retrieved 2019-03-06.
  8. "Winners Announced for the 36th Annual BILD Awards | Urban Toronto". urbantoronto.ca. Retrieved 2019-03-06.
  9. "2016 Awards of Distinction Winners". September 26, 2016.
  10. "2018 Award Winners".
  11. Storeys, Toronto (2017-04-29). "GTA real estate celebrates its best at 2017 BILD Awards". Toronto Storeys. Retrieved 2019-03-06.

External links[edit]


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