What PCI Developments does

PCI Developments is a privately-owned, Vancouver-based real estate developer founded in 1982, specializing in transit-oriented, mixed-use developments across Metro Vancouver. The company develops complete communities integrating office, retail, residential, and transit infrastructure, with 69% of recent and future developments located at or very near Skytrain stations. Notable assets include King George Hub (1,624 condos and 771 rentals under multi-phase delivery in Surrey), Marine Gateway (LEED Gold, Canada Line), Crossroads (Broadway-City Hall), 565 Great Northern Way, 601 West Hastings, and The Stories at South Granville Station.

The company operates a vertically integrated platform combining development with affiliated property management. Wholly-owned Warrington PCI Management (WPM) handles leasing and management for a 17+ million square foot commercial portfolio across Western Canada, while Warrington Residential manages rental communities. Revenue derives from condominium pre-sales (one-time), commercial and retail leasing (recurring), and secured rental income. GTM is hybrid: enterprise field sales via dedicated leasing agents and broker partnerships (Colliers, CBRE, Marcus Millichap) for commercial, and direct-to-consumer pre-sales and rental inquiries for residential.

PCI serves office tenants (e.g., Coast Capital Savings, City of Vancouver, Whole Foods, RBC, Spaces, Westland Insurance), retail tenants (Save-On-Foods, London Drugs, Rexall, Nemesis Coffee), and residential buyers/renters. The firm employs 57 staff with 50%+ women and high retention (50%+ tenure over 4 years, 20%+ over 10 years). Leadership includes Chairman Andrew Grant (NAIOP Icon Award recipient, May 2024) and President Tim Grant, with the Grant family controlling ownership. No venture capital or private equity backing is reported; long-standing capital partnerships with Canadian institutional and private real estate investors span over 20 years.

Name

PCI Developments

Legal name

PCI Developments

Website

https://pci-group.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

PCI Developments is a privately-owned Vancouver real estate developer founded in 1982 that builds transit-oriented mixed-use communities combining office, retail, residential, and transit across Metro Vancouver, serving commercial tenants, residential buyers, and renters.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Land Subdivision (2372)

akta.pro primary industry

Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)

akta.pro secondary industries

Real Assets — Social Infrastructure / PPP (Schools, Hospitals, Government Facilities) (FSAHAIAH), Real Assets — Infrastructure (Core/Core+, Brownfield/Greenfield) (FSAHAIAC)

Keywords

• Mixed-use real estate development
• Transit-oriented development
• Commercial property leasing
• Residential condominium development
• Purpose-built rental housing

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Property Sales: Revenue from sale of developed residential condominiums and commercial properties. Pre-sales model used for condominiums where units are sold before or during construction.
2. Rental Income: Secured purpose-built rental residential properties generate ongoing rental income. Properties managed by affiliated company Warrington Residential.
3. Commercial Leasing: Office, retail, and industrial space leasing through Warrington PCI Management. Portfolio of 17+ million square feet managed throughout Western Canada.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

PCI Developments is a privately-owned real estate developer that acquires, develops, owns, and manages mixed-use, transit-oriented properties across Metro Vancouver and Western Canada. Its core offerings include office, retail, condominium, and purpose-built rental residential product delivered as complete communities integrated with rapid-transit infrastructure, with leasing and property management handled through affiliated companies Warrington PCI Management and Warrington Residential.

Product overview

PCI Developments is a privately-owned real estate developer and investor based in Metro Vancouver with over 40 years of experience. The company operates as a single unified real estate development business with affiliated property management services. Its product portfolio includes mixed-use transit-oriented developments (King George Hub, Marine Gateway, Crossroads, The Stories at South Granville Station), office buildings (565 Great Northern Way, 601 West Hastings, 333 Seymour), rental residential properties (Ambi on Cambie), and managed through its affiliated property management company Warrington PCI Management (WPM). The company specializes in complete communities combining retail, office, residential, and transit integration.

Differentiator

Problem solved

Functional benefit

Products and services

• King George Hub A complete mixed-use community in Surrey City Centre directly adjacent to the Expo Line's King George Station, featuring 360,000+ SF of office, 150,000+ SF of retail, 1,624 condos, and 771 rental units across multiple phases. Tenants and residents access integrated transit via the Expo Line.
• Marine Gateway An award-winning transit-oriented complete community on the Canada Line adjacent to the Marine Drive station and South Vancouver Bus Loop, combining 260,000+ SF of multi-storey retail, a 14-storey 250,000 SF office building, 461 residential homes (market and rental), and a vibrant public realm.
• 565 Great Northern Way A 160,000 SF LEED Gold office building distributed over 7 storeys adjacent to Emily Carr University of Arts and Design and the Centre for Digital Media, featuring a 2,000 SF retail pavilion, a public plaza, and space targeted at the creative and digital industries.
• Crossroads A 310,000 SF LEED Gold mixed-use development comprising approximately 140,000 SF of retail, 85,000 SF of office, and 88 condominiums, adjacent to the Broadway-City Hall Canada Line Station.
• The Stories at South Granville Station A 39-storey mixed-use transit-integrated high-rise featuring 103,000 SF of office, 30,000 SF of retail, and 226 rental units (20% priced for moderate-income households), integrated with the new South Granville Station on the Millennium Line Broadway extension.
• Ambi on Cambie Pet-friendly 1- to 2-bedroom rental homes (99 units) in the Cambie Corridor featuring 21,000+ SF of office space and 6,000 SF of retail, with transit access via Oakridge Park and future Time Out Market.
• 601 West Hastings A 25-storey LEED Gold office tower at Waterfront Hub featuring 217,000 SF boutique floorplates, panoramic views, fitness gym, rooftop amenity lounge and patio, steps from Waterfront Station.
• 333 Seymour A 17-storey 184,000 SF office building in downtown Vancouver across from Waterfront Station with 1,700 SF of retail, featuring water and city views, pedestrian access to Waterfront Hub, and outdoor seating with Deville Coffee.
• Warrington PCI Management (WPM) Property Management Services Property management and leasing services for over 17 million square feet of office, retail, industrial, and residential properties throughout Western Canada, with a residential branch called Warrington Residential, provided as an affiliated service to PCI's owned portfolio.

Quantifiable outcome

• 89 Walk Score, 85 Bike Score, 85 Transit Score average for existing buildings
• +6 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered major, core and minor.

• NAIOP (National Association of Industrial and Office Properties)majorStrategic or Co-development Partner · 1 May 2024Industry association where PCI's Chairman Andrew Grant received the NAIOP Icon Award in May 2024. PCI has been a member and participant in NAIOP Vancouver activities.
• Warrington PCI Management (WPM)coreOthersAffiliated property management company that manages and leases a portfolio of over 17 million square feet of office, retail, industrial, and residential properties throughout Western Canada. Provides property management and leasing services for PCI's commercial portfolio.
• Warrington ResidentialcoreOthersAffiliated residential property management company, WPM's residential branch, managing premier rental residential communities across Western Canada. Handles rental inquiries and leasing for PCI's residential properties including King George Hub (The Line) and other rental developments.
• TransLinkcoreStrategic or Co-development PartnerLong-standing partnership with Metro Vancouver's transportation authority. PCI's transit-oriented developments are built adjacent to or integrated with TransLink stations (Skytrain, Canada Line, bus loops). Partnership led to development of new construction safety protocols for TransLink at Marine Gateway.
• ColliersmajorChannel Partner/ Reseller/ DistributorCommercial real estate broker representing PCI for office leasing at King George Hub. Contact: Rob Chasmar at Colliers.
• Marcus MillichapmajorChannel Partner/ Reseller/ DistributorCommercial real estate broker representing PCI for retail leasing at King George Hub and office leasing at 601 West Hastings.
• CBREmajorChannel Partner/ Reseller/ DistributorCommercial real estate broker representing PCI for office and retail leasing at The Stories at South Granville Station and 333 Seymour.
• Urban Land Institute (ULI)minorStrategic or Co-development PartnerPCI sponsored ULI's Net Zero Imperative (NZI) in 2024, helping advance decarbonization of the built environment. Committed to continued support and participation in 2025.
• City of VancouvermajorStrategic or Co-development PartnerPartnership for transit-oriented developments including Crossroads (adjacent to Broadway-City Hall station) and The Stories at South Granville Station (integrated with Millennium Line Broadway extension). City of Vancouver Engineering Department is 100% occupant of Crossroads office space.
• City of SurreymajorStrategic or Co-development PartnerPartnership for King George Hub development in Surrey City Centre adjacent to Expo Line's King George Station. Ongoing collaboration with city planning and development approvals.
• Whole FoodsmajorStrategic or Co-development PartnerAnchor tenant at Crossroads development at Broadway and Cambie. Securing Whole Foods as anchor tenant validated PCI's belief in the synergy of transit, retail, and employment spaces.
• Coast Capital SavingsmajorStrategic or Co-development PartnerHeadquarters tenant at King George Hub - Coast Capital Savings Help Headquarters, a 190,000 SF LEED Gold office building. Their headquarters was the catalyst for launching King George Hub development.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Concord Pacific: Canada's largest master-planned community developer and a major Vancouver mixed-use, transit-oriented developer. Most directly comparable to PCI on large-scale, mixed-use, transit-adjacent projects in Metro Vancouver.
• Onni Group: Vancouver-based real estate developer with significant residential, office, retail, and mixed-use projects across Metro Vancouver and Western Canada. Directly comparable as a multi-product, mixed-use developer with strong Metro Vancouver concentration.
• Wesgroup Properties: BC-based real estate developer with mixed-use, residential, and industrial projects across Western Canada. Comparable as a multi-product BC developer pursuing mixed-use and master-planned communities.
• Anthem Properties: Vancouver-based developer of mixed-use, residential, and commercial real estate. Comparable in product mix (office, retail, residential, mixed-use) and regional concentration in Metro Vancouver and Western Canada.
• Bosa Properties: Major Vancouver residential and mixed-use developer with a long track record in Metro Vancouver high-rise and mixed-use projects. Comparable on residential condominium development and mixed-use transit-adjacent projects.
• Polygon Homes: BC-focused residential developer with a large portfolio of multi-family and master-planned communities in Metro Vancouver. Comparable as a regional residential developer with shared Metro Vancouver exposure.
• Reliance Properties: Vancouver-based developer focused on mixed-use, office, and heritage retail projects. Comparable on transit-oriented and mixed-use development in Metro Vancouver, particularly downtown and Cambie Corridor.
• Intracorp Homes: BC-based residential and mixed-use developer with projects concentrated in Metro Vancouver. Comparable on residential condominium and mixed-use development in similar submarkets.

Broad incumbents

• Grosvenor: International real estate developer and investor with a significant Vancouver portfolio including mixed-use and transit-oriented projects. Comparable on transit-oriented mixed-use development but with broader geographic and capital diversification.
• QuadReal Property Group: Large Canadian real estate investment, development, and operating company with significant Metro Vancouver holdings. Comparable as a major owner-operator-developer in the same regional market with overlapping product types (office, residential, mixed-use).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pci-developments
• Instagraminstagram.com/pci_developments
• Xx.com/pcidevelopments

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PCI Developments