SELF LEARNING GUIDELINES

Now its time to dream, you have a development under your belt…now what does it mean to scale your development business as an entrepreneur. Time to dream and explore the potential of expanding projects beyond the scale of ADUs and missing little development - what are the opportunities and risks of scaling and what needs to be taken into account when making this decision? Here are some things you may want to consider:

1. What are the possibilities of real estate development and what can be achieved?
   • Sphere scales up projects, keeps focus on fringe of Toronto by Steve McLean: https://renx.ca/authors/steve-mclean
   • Future Cities Canada Spotlight: Housing Innovations by CMHC: https://www.cmhc-schl.gc.ca/nhs/nhs-project-profiles/2020-nhs-projects/future-cities-canada-spotlight-housing-innovations
2. Understand how to navigate development projects on a different scale?
3. Understand the implications of scaling-up on your business
4. Identify the risks involved in larger projects
5. Determine the team needed for construction of a larger project

ADDITIONAL RESOURCES

• CMHC Funding Programs: https://www.cmhc-schl.gc.ca/professionals/project-funding-and-mortgage-financing/funding-programs
• Urban Toronto: https://urbantoronto.ca/
• Real Estate News Exchange: https://renx.ca/

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