What Spire Development does

Spire Development Corporation, founded in 2007 and headquartered in Delta, British Columbia, is a fully-integrated real estate company that operates as a single-source provider for commercial (office, retail, industrial, self-storage) and residential real estate projects across Western Canada. The company was co-founded by Lawrence Green (President) and Pete Rackow (Vice President) and operates as a privately-held group of over 30 legal entities with approximately 17 head-office staff plus a 20-26 person field force. Its core differentiator is the integrated delivery model: a single entity controls acquisition, environmental compliance, zoning and land-use planning, surveying, design (in-house AutoCAD), architecture, project management, site supervision, construction (union and non-union), and project financing through its Spire Pacific Capital arm. Spire is a member of Passive House Canada and applies Passivhaus construction standards — airtight envelopes, triple-pane windows, and extensive insulation — claiming up to 90% energy savings versus conventional construction. Notable projects include Spire Landing (95-unit Passive House rental, Vancouver), Vesper by Spire (106 units, 2026), Spire Business Centre I and II, Spire Corporate Centre, Vedder Pointe (50,000 SF retail mall), Trans Canada Self Storage (126,322 SF), Taylor's Crossing (45,455 SF retail), and Metro Aluminum Products (Alberta, 2019). The business model spans three revenue streams: (1) development services (zoning, environmental, financing fees), (2) construction services (design-build project management), and (3) capital co-investment through Spire Pacific Capital for mortgage debt and JV/equity opportunities. Pricing is transparent and market-based rather than competitive bid-tender; go-to-market is relationship-driven via referrals, repeat clients, and earned media rather than traditional marketing. Customers span retail (Rexall, Dollarama, Shoppers Drug Mart, BMO, Planet Fitness, Dairy Queen), industrial (Star Marketing, Metro Aluminum, MC Freight), healthcare (Pollock Clinic, Fraser ENT, Mageta Clinic), and professional services (Digby Leigh, Hub Engineering). Spire also holds assets long-term, generating rental income and asset appreciation.

Name

Spire Development

Legal name

Spire Development Corporation

Website

https://spiredevelopment.ca

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Spire Development Corporation is a fully-integrated Western Canadian real estate company founded in 2007, providing design-build, development, construction, and capital co-investment services for commercial, industrial, retail, self-storage, and Passive House residential projects across British Columbia and Alberta.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development & Construction

NAICS

Commercial and Institutional Building Construction (236220), New Housing For-Sale Builders (236117)

SIC

Operative Builders (1531), General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

akta.pro secondary industries

Office & Corporate Building Construction (IMAFACAA), Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

Keywords

• Commercial real estate development
• Design-build construction services
• Passive house construction
• Strata office buildings
• Real estate investment

Headquarters

HQ city

Delta

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Development Services: Provides comprehensive development services including environmental compliance, zoning and land-use planning, surveying, fisheries regulations, development cost charges, development applications, and project financing.
2. Construction Services: Full construction services through integrated construction company using union and non-union workers with in-house team for design, architecture, site supervision, and project management.
3. Real Estate Investment and Ownership: Co-invests with partners through Spire Pacific Capital for mortgage debt financing and joint venture or equity opportunities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Spire Development Corporation is a fully integrated real estate company that provides design, construction, development, marketing, and capital co-investment services for residential, commercial office, retail, and industrial projects across Western Canada. Operating as a single-source shop, it controls every element from site acquisition and zoning through design, construction, financing, and ongoing property ownership, with particular specialization in Passive House (Passivhaus) high-performance construction standards.

Product overview

Spire Development Corporation is a fully-integrated real estate company offering a comprehensive package of services for residential, commercial office, retail, and industrial projects. The company operates as a single-source shop with three core service lines: Development Services (environmental compliance, zoning, land-use planning, surveying, development applications, and financing), Construction Services (project management, site supervision, subcontractor relationships), and Spire Pacific Capital (mortgage debt financing and joint venture/equity investments). The product portfolio includes multiple residential projects (Vesper by Spire, Spire Landing, The Legacy By Spire, Award Winning Residences), commercial office properties (Spire Business Centre I/II, Spire Corporate Centre, Spire Commerce Centre, Spire Professional Centres), self-storage facilities (Storguard Self Storage locations, Trans Canada Self Storage, Douglas Storage), retail properties (Taylor's Crossing, Vedder Pointe, Prairie Coast Equipment locations, Rexall Drugstore, Mageta Clinic), and industrial buildings (Star Marketing, MC Freight, Metro Aluminum Products, Basalite Concrete Products). The company specializes in Passive House construction standards and serves clients throughout British Columbia and Alberta.

Differentiator

Problem solved

Functional benefit

Brands

• Spire Pacific Capital: Co-investment division providing mortgage debt financing and select joint venture or equity opportunities

Products and services

• Development Services End-to-end development support for clients, including environmental compliance, zoning and land-use planning, surveying, fisheries regulations, development cost charges, development applications, and project financing, taking projects from concept to completion.
• Construction Services Integrated construction delivery combining project management, site supervision, in-house design and architecture, and trusted subcontractor relationships to deliver commercial and residential projects efficiently.
• Spire Pacific Capital Co-investment division that partners with investors to obtain premium risk-adjusted returns through mortgage debt financing and select joint venture or equity opportunities in real estate projects.
• Spire Landing 6-storey, 95-unit residential rental building (71 one-bedroom; 24 two-bedroom) in Vancouver at the corner of Fraser Street and 57th Avenue, built to Passive House standard; completed Q1 2019.
• Vesper by Spire 106-unit residential rental building combining apartments and townhomes with over 8,000 SF of commercial space, featuring triple-pane windows, extensive insulation, and an airtight building envelope that approaches Passive House designation, plus Social Lounge, Business Centre, 8,000 SF Anytime Fitness, Two-Storey Community Terrace, Pet Wash, and Bike Maintenance area. Move-ins scheduled for September 2026.
• The Legacy By Spire Bespoke collection of 4 luxury residences at 2968 Birch Street in Vancouver's South Granville area. 5-storey RM3 zoned building with 7,010 SF total area and 8 oversized underground parking stalls.
• Award Winning Residence 1 Luxury 2-storey residence renovation on 2 acres with mountain and ocean views, completed in 2013 with a 22-foot NanaWall window and door system, custom millwork, and high-end appliances and finishes.
• Award Winning Residence 2 Luxury rancher home with over 1,500 SF addition, four bedrooms, gourmet kitchen with 15-foot island, family/dining room, home gym, theatre, and custom wine room, renovated in 2013.
• Forbes Crossing Residential development project with status listed as Coming Soon.
• Spire Corporate Centre 78,778 SF commercial property in Burnaby at 9208 North Fraser Crescent. Built in 2007 as Spire's first project, with 64,613 SF ground floor, 14,165 SF second floor, 156 parking stalls on 4.1 acres.
• Spire Business Centre II 72,986 SF industrial building in North Richmond at 13201 River Road. 2-storey with 65,846 SF warehouse, 7,140 SF office; built 2017/2018 with 32' clear ceiling height, 11 dock loading doors, and 83 parking stalls.
• Spire Business Centre 50,515 SF warehouse development in Burnaby, designed and built by Spire with potential for stratification.
• Spire Commerce Centre 34,228 SF light industrial stratified building in Surrey at 5652 Landmark Way, renovated/stratified 2015 and acquired in 2013 to satisfy growing demand for stratified buildings.
• Spire Professional Centre - Langley 51,785 SF Class A strata office building at 8029 199th Street, Langley. Three-storey concrete tilt-up construction designed by Christopher Bozyk, with secured underground parking, bike storage, and EV charging stations.
• Spire Professional Centre - Maple Ridge 47,642 SF rentable area, 3-storey commercial building at 22420 Dewdney Trunk Road, Maple Ridge. Built/renovated 1978/2014, with 50,078 SF gross building area on 1.056 acres and 102 parking stalls.
• Taylor's Crossing 100% leased Class A retail asset at 1025 Marine Drive, North Vancouver. 45,455 SF with 6 tenants including Planet Fitness, Kids & Company, Angry Otter Tap & Forno, Opus Art Supplies, Dairy Queen, and Red Wings Shoes; WALT 4.75 years. Acquired 2025.
• Vedder Pointe 50,000 SF regional shopping mall at 6640 Vedder Road, Chilliwack. Built 2007, purchased 2015. 6.1 acres with 360 parking stalls; retailers include Dollarama, Bank of Montreal, Tim Hortons, and Shoppers Drug Mart.
• Rexall Drugstore New Rexall Drugstore development at 700 6th Street, New Westminster. 6,573 SF gross building on 0.15 acres with underground parking under C2 Community Commercial zoning.
• Prairie Coast Equipment - Chilliwack 33,754 SF retail structure at 44128 Progress Way, Chilliwack. Built 2015 with 30,804 SF main floor and 8,594 SF mezzanine on 7.69 acres; third project for Prairie Coast Equipment.
• Prairie Coast Equipment - Kamloops 23,564 SF industrial/retail facility at 8025 Dallas Drive, Kamloops. Newly constructed on 5.07 acres under I1S Industrial zoning.
• Star Marketing 31,753 SF industrial building at 3289 190 Street, Surrey. Built 2015 on 1.91 acres; features concrete tilt-up construction, 36' ceiling height, ESFR sprinkler system, 6 dock loading doors, 27,040 SF warehouse, 2,338 SF office, and 2,375 SF mezzanine.
• MC Freight 12,000 SF, 2-storey industrial building at 20070 113B Avenue, Maple Ridge. Built 2016 on 0.5 acres near Golden Ears Bridge under M3 Business Park zoning; 6,136 SF ground floor, 5,069 SF second floor, 11,205 SF warehouse, 24 parking stalls.
• Metro Aluminum Products 56,980 SF industrial facility at 261108 Wagon Wheel Way, Rocky View County, AB. Built 2019 with precast panel construction, curtain wall glazing, and skylights; 56,987 SF warehouse, 2,429 SF office, plus a 2,129 SF office and 504 SF service mezzanine.
• Storguard Self Storage & Shine Auto Wash - Coquitlam Dual-tunnel car wash and self-storage facility at 1101 Woolridge Street, Coquitlam. Built 2017 with 58,550 SF storage, 6,819 SF car wash on 2.51 acres, and 1,000 self-contained storage units on three levels; designed by Besharat Friars Architects.
• Storguard Self Storage & Shine Auto Wash - Burnaby Self-storage and car wash facility at 7550 Gilley Ave, Burnaby. 82,173 SF total storage area and 17,516 SF car wash area on 2.792 acres; renovation of former meatpacking plant into modern mini storage and car wash.
• Trans Canada Self Storage 3-storey, 126,322 SF self-storage facility at 2992 Pinegrove Street, Abbotsford. I2 General Industrial Zone, 2.26 acres, 25 parking stalls; acquired during the financial crash via value-engineering and differentiation.
• Mageta Clinic Medical clinic conversion at 20528 Lougheed Highway, Maple Ridge. Renovated 2012; 10,877 SF on 0.79 acres. Converted from a vintage car dealership into a modern medical facility with a 5,000 SF addition.

Quantifiable outcome

• Up to 90% energy savings in heating over conventional building standards
• +1 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Passive House CanadacoreStrategic or Co-development PartnerSpire is a member of Passive House Canada, a community that believes in building better, healthier, more comfortable and sustainable buildings. Through this partnership, Spire brings the Passive House standard of energy efficiency to British Columbia.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Onni Group: Major Vancouver-based integrated developer with deep residential, commercial, and industrial portfolio. Closest scaled integrated peer in BC, sharing full-stack development and ownership model.
• Concert Properties: BC-based integrated developer with rental residential and commercial properties. Comparable to Spire's multi-family rental strategy and commercial holdings.
• Beedie Development Group: BC-based integrated developer focused on industrial and residential with own-construction capabilities. Comparable to Spire's industrial tilt-up work and multi-family residential expansion.
• Wesgroup Properties: BC-based integrated real estate developer with residential, commercial, and industrial portfolio. Highly comparable to Spire's mixed-asset, integrated approach across Western Canada.
• PCI Developments: BC-based integrated real estate developer with mixed-use commercial and residential projects. Comparable scope and regional focus to Spire.
• Anthem Properties: BC-based integrated developer of mixed-use commercial and residential communities. Similar integrated acquisition-to-build pipeline and Western Canadian footprint.
• Reliance Properties: Vancouver-based developer with heritage commercial and mixed-use residential projects. Comparable urban BC integrated development profile.

Broad incumbents

• Polygon Homes: Largest BC-based residential homebuilder with multi-family communities. Comparable on the residential side but operates at significantly greater scale and is single-segment focused.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/spiredevcorp
• YouTubeyoutube.com/channel/UCQ-qly-hMUpbyyBH8l6uDcA
• Facebookfacebook.com/spiredevelopment
• LinkedInlinkedin.com/company/spire-development-corporation
• Instagraminstagram.com/spire_development

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Spire Development