Conwest
Conwest Developments is a privately held Vancouver-based real estate developer delivering industrial strata warehouses, mixed-use commercial buildings, and residential townhomes across Greater Vancouver, serving enterprise tenants (Lordco, Kraft Heinz, Penske), SMB buyers, and individual homeowners through direct sales and broker partnerships.
- Company typePrivate
- Founded1985
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Conwest does
Conwest Developments is a privately held real estate developer headquartered in Vancouver, British Columbia, operating across three product verticals: industrial, commercial, and residential developments in the Greater Vancouver region. The industrial arm delivers strata warehouses, distribution facilities, and mixed-use industrial spaces (Fortitude, Vulcan, Riverworks, The Grid, Ironworks, HOUSS, Pivotal 2, Benchmark, Nordel Point), the residential arm produces townhome and duplex collections (Lēah, Grace, George, Earl, Kai, Oliver), and the commercial segment delivers mixed-use office and retail. The company traces its roots to a 1985 civil contracting business, with the development arm established in 1991, and has delivered 15+ major projects spanning over 1.5 million square feet of built product, including Canada's first stacked mixed-use commercial industrial development (Ironworks) and a market-first cantilevered mezzanine strata warehouse (Fortitude).
Conwest operates a hybrid business model combining one-time real estate sales (strata-titled commercial, industrial, and residential units sold to business owners and individual buyers) with recurring rental income from an owned commercial and industrial property portfolio leased to enterprise tenants including Lordco, Kraft Heinz, Penske, Fountain Tire, and Air Liquide. The company monetizes through direct sales teams, exclusive broker partnerships with Colliers International and CBRE, and an in-house leasing operation. Mortgage-facilitating partnerships with Coast Capital Savings, BMO, CWB, Scotiabank, and CIBC reduce buyer friction for strata purchasers. Post-sale, Conwest operates a Homeowner Care program (with 2-5-10 warranty coverage) and a Tenant Services program partnering with property and strata management companies.
The company's customer base spans enterprise multinationals (built-to-suit distribution facilities), SMB business owners (strata industrial/commercial buyers), and individual residential purchasers (townhomes and duplexes). Geographic scope is concentrated in Greater Vancouver, including Vancouver, Surrey, Richmond, Langley, Port Coquitlam, Delta, and Fort Langley. The company is led by principals Tony Marinelli and John Marinelli, has won over 25 industry awards between 2020 and 2026 (including ULI Global Awards for Excellence in 2023), and operates from its head office in the Ironworks building in East Vancouver.
Conwest firmographics
Firmographics- Name
- Conwest
- Legal name
- Conwest Developments Ltd.
- Website
- https://conwest.com
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Conwest Developments is a privately held Vancouver-based real estate developer delivering industrial strata warehouses, mixed-use commercial buildings, and residential townhomes across Greater Vancouver, serving enterprise tenants (Lordco, Kraft Heinz, Penske), SMB buyers, and individual homeowners through direct sales and broker partnerships.
- Ownership category
- akta.pro rank
Conwest industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Land Subdivision (23721), Nonresidential Building Construction (2362)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Retail & Mixed-Use Commercial Construction (IMAFACAB)
Keywords
Where Conwest is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Conwest business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Real Estate Sales (Strata/Ownership): Sale of strata-titled commercial, industrial and residential units to business owners and individual buyers. Revenue recognized upon property transfer/closing.
- Commercial & Industrial Leasing: Leasing of warehouse, industrial and commercial spaces to tenants, generating recurring rental income. Properties include The Grid (52,200 SF freestanding warehouse) and Nordel Point (up to 203,000 SF industrial facility).
- Property Holdings & Investment Income: Long-term ownership of income-producing commercial and industrial properties across Greater Vancouver, with tenants ranging from startups to multinational companies including Lordco, Kraft Heinz, Fountain Tire, and Penske.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Industrial Strata Units - Vulcan (Richmond) |
| Subscription | Multi-year contract | Industrial Lease - The Grid (Langley) |
| Unit Pricing | Multi-year contract | Residential - Lēah (Fort Langley) |
| Unit Pricing | Multi-year contract | Residential - Grace (Vancouver) |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Conwest product offering
Product offeringCore offering
Conwest Developments is a privately owned real estate developer that delivers commercial, industrial, and residential properties across Greater Vancouver. The company sells and leases strata-titled industrial warehouses, mixed-use commercial developments, and residential townhomes/duplexes, supplemented by Homeowner Care and Tenant Services programs.
Product overview
Conwest Developments is a privately owned real estate developer operating across Greater Vancouver with three core product lines: Industrial, Residential, and Commercial developments. Their Industrial portfolio includes strata warehouses, distribution facilities, and mixed-use industrial spaces (e.g., Fortitude, Vulcan, Riverworks, The Grid, Ironworks, HOUSS, Pivotal 2, Benchmark, Nordel Point). Their Residential portfolio encompasses townhome and duplex developments (Lēah, Grace, George, Earl, Kai, Oliver). The Commercial segment includes mixed-use office and retail spaces. Supporting these developments, Conwest offers Homeowner Care and Tenant Services programs. The company operates on a development-to-sale/lease model for commercial properties and development-to-sale model for residential properties, with holdings including an income-producing property portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Fortitude
Quantifiable outcome
- ULI Global Awards for Excellence Winner (2023)
- +4 more outcomes
Companies that use Conwest
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles3 records
Conwest technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Conwest partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- NAIOP VancouvercoreIndustry association partnership. Conwest actively participates in NAIOP events and has won multiple NAIOP awards including Best Industrial Development for Ironworks (2020) and Excellence in Community Impact (2026).
- Urban Development Institute (UDI)coreIndustry association partnership supporting urban development in BC. Conwest has won multiple UDI Awards for Excellence for projects including Ironworks and Riverworks.
- ULI British ColumbiacoreUrban Land Institute membership. Conwest's Ironworks won ULI Global and Americas Awards for Excellence in 2023.
- HAVAN (Homebuilders Association Vancouver)coreIndustry association for homebuilders in Greater Vancouver. Conwest's Lēah won multiple HAVAN Awards in 2026 including Best Townhouse/Rowhome Development.
- Canadian Homebuilders' Association BC (CHBA BC)coreProvincial homebuilders association. Conwest won CHBA BC Georgie Awards including Residential Community of the Year for Lēah (2026).
- Greater Vancouver Board of TrademinorBusiness leadership organization. Conwest was finalist for Employer of the Year in 2024 and 2025.
- CREW VancouverminorCommercial Real Estate Women Vancouver. Conwest co-sponsors the CREW Vancouver and Conwest Award for Women in Real Estate Scholarship at UBC Sauder.
- UBC Sauder School of BusinessminorPost-secondary partnership through CREW Vancouver and Conwest Award for Women in Real Estate Scholarship. Also supports UBC Real Estate Club.
- SFU Beedie School of BusinessminorPost-secondary partnership supporting the Beedie Urban Development Program for student professional development.
- BCIT Real Estate AssociationminorPost-secondary partnership supporting BCIT Real Estate Association student initiatives.
- Colliers InternationalcoreExclusive sales broker for multiple industrial properties including Riverworks, The Grid, and Fortitude. Contact team includes Rob Chasmar, Jason Teahen, Sean Bagan, Adam Mitchell, Chris Morrison, Josh Gaze, Liam Simpson, Austin Adamson, and Taylor Earle.
- CBREcoreExclusive sales broker for Vulcan industrial project in Richmond. Contact team includes Alex Mei, Steve Brooke, Joel Barnett, and Luc Soares.
- LordcocorePartnership between two local, family-owned businesses to deliver a 377,000 SF built-to-suit head office and distribution facility for Lordco Auto Parts in Port Coquitlam (completed 2022). Lordco is also a key long-term tenant in Conwest's property portfolio.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Conwest competitors and assessment
Company assessmentBroad incumbents
- Cressey Development Group: Cressey is a Vancouver-based developer of residential, mixed-use, and commercial projects across Metro Vancouver. Comparable in for-sale townhome product and mixed-use expertise.
- Polygon Homes: Polygon is one of BC's largest residential homebuilders with extensive townhome and condominium communities across Greater Vancouver. Comparable in for-sale residential product but not industrial.
- Onni Group: Onni is a major Vancouver-headquartered developer with broad residential, commercial, and mixed-use portfolio across North America. Larger and more diversified than Conwest but overlapping in Greater Vancouver product lines.
- Anthem Properties: Anthem is a BC-focused developer of mixed-use, residential, and commercial projects across Western Canada. Comparable in townhome and mixed-use product but broader geographic reach.
Direct peers
- PCI Developments: PCI is a Vancouver-based developer of industrial, commercial, and mixed-use projects across Greater Vancouver. Comparable business model and regional focus to Conwest.
- Wesgroup Properties: Wesgroup is a BC-focused real estate developer with industrial, residential, and mixed-use projects across Greater Vancouver. Most directly comparable to Conwest given parallel industrial-strata + master-planned community model.
- Beedie Development Group: Beedie is one of BC's largest industrial landowners and developers with significant strata industrial and residential developments across Metro Vancouver. Closest scale and product-mix comparable to Conwest's industrial portfolio.
- Concert Properties: Concert is a BC-based mixed-use developer with rental residential, commercial, and industrial projects across Greater Vancouver and other Canadian markets. Closely comparable in mixed-use and residential product mix.
Emerging players
- Intracorp Homes: Intracorp is a BC residential developer of boutique townhome and condominium projects. Comparable in design-led boutique residential product but smaller industrial overlap.
- Reliance Properties: Reliance is a BC-based developer with residential, commercial, and heritage adaptive-reuse projects. Comparable in heritage integration (HOUSS) and boutique residential scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Conwest social profiles
Digital presenceConwest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Conwest leadership team
Management profileNumber of profiles
Profiles2 records
Conwest funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Conwest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Conwest
What does Conwest do?
Conwest Developments is a privately owned real estate developer that delivers commercial, industrial, and residential properties across Greater Vancouver. The company sells and leases strata-titled industrial warehouses, mixed-use commercial developments, and residential townhomes/duplexes, supplemented by Homeowner Care and Tenant Services programs.
Is Conwest a public or private company?
Conwest is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Conwest founded?
Conwest was founded in 1985. It employs 1 to 10 people.
Where is Conwest based?
Conwest is headquartered in Vancouver, Canada, in the North America region.
How does Conwest make money?
Three revenue lines are on record. Real Estate Sales (Strata/Ownership) is the primary driver. The others are commercial & Industrial Leasing and property Holdings & Investment Income.
Who are Conwest's main competitors?
Broad incumbents on record are Cressey Development Group, Polygon Homes, Onni Group and Anthem Properties. Direct peers are PCI Developments, Wesgroup Properties, Beedie Development Group and Concert Properties. Emerging players are Intracorp Homes and Reliance Properties.
Does Conwest have an API?
No public API is recorded for Conwest.
What industry is Conwest in?
Conwest's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of IMAFACAB, Retail & Mixed-Use Commercial Construction. Its NAICS code is 236117 and its SIC code is 6552.