Becoming a First Time Developer

<aside> 📍 This session provides an overview of Toronto's housing market, and explains the challenges of building sustainable cities and acknowledges potential solutions to address the crisis. It presents some best practices of Missing Middle and discusses the role real estate entrepreneurs can play in delivering this scale of development. This session will provide a high level introduction to real estate development and the different stages of the process. It will explain the different players in the real estate industry and the role each plays. It will also provide a high level understanding of the real estate residential market and the demand and supply conditions that impact cost and profit of residential projects.

</aside>

Learning Guidelines

If you're a first-time real estate developer, it's essential to grasp the dynamics of the market, demographics, and how to foster strong relationships with both the community and your team. Here are the key areas you should delve into:

  1. Understand Toronto's housing market and recognize the need for sustainable housing provisioning in our cities
  2. Understand the Missing Middle policies
  3. Learn about the municipal and provincial structures surrounding property development
  4. List the major players in the real estate industry and define the role each of the major players (in real estate development more generally, and the key players in your municipality/GTHA)

SESSION INSTRUCTORS: Matti Siemiatycki: Professor of Geography & Planning at University of Toronto, Director at the Infrastructure Institute

Abigail Moriah: Founder of the Black Planning Project, Professional Planner, and Co-Founder of MIIPOC


SESSION RELATED LINKS


KEY TERMS

Definitions for these terms can be found in the glossary

READINGS

Perspective on the Rental Housing Roundtable

By: Matti Siemiatycki, Professor in the Department of Geography and Planning at the University of Toronto and Director of the Infrastructure Institute, and Karen Chapple, Professor in the Department of Geography and Planning and Director of the School of Cities at the University of Toronto

www.toronto.ca

RESOURCES TO LEARN MORE

Tracking Gentle Density in Toronto

Multiplex Housing

Affordable Missing Middle