Elevate Development Corp
Elevate Development Corp is a Burnaby, British Columbia-based real estate developer founded in 2003, operating integrated portfolio acquisition, construction, and renovation services for residential and commercial clients in Western Canada.
- Company typePrivate
- Founded2003
- HeadquartersBurnaby, Canada
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Elevate Development Corp does
Elevate Development Corp is a Burnaby, British Columbia-based real estate development company founded in 2003 by Gordon MacPherson. The firm operates across three integrated service lines: portfolio acquisition and management, construction, and renovation, serving residential buyers, commercial tenants, and development partners in Western Canada. Its most significant disclosed project is Wren + Raven, a 130-unit residential development in Mission, BC.
The company's business model is project-based real estate development: it acquires or partners on land, develops residential or mixed-use product, and monetizes through unit sales, leasing, and long-term portfolio management. Revenue is therefore lumpy and tied to project delivery cycles rather than recurring contracts. The firm is privately held with a small team of approximately 8 employees, and back-office operations rely on standard commercial construction software such as Sage 300CRE rather than proprietary technology platforms.
In 2018 the company began operating under the Weathervane Group of Companies umbrella, broadening the platform to include a corporate finance arm and B.A.C., alongside the core Elevate development business. Leadership combines development operating experience with capital-markets expertise, most visibly through Vice President and Partner of Finance Scott Bearss. The firm does not disclose revenue, funding, or unit-economics data, limiting visibility into financial scale; what is clear is that growth depends on execution of a concentrated project pipeline and the build-out of the Weathervane multi-vertical structure.
Elevate Development Corp firmographics
Firmographics- Name
- Elevate Development Corp
- Legal name
- Elevate Development Corp
- Website
- https://elevatecorp.ca
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Elevate Development Corp is a Burnaby, British Columbia-based real estate developer founded in 2003, operating integrated portfolio acquisition, construction, and renovation services for residential and commercial clients in Western Canada.
- Ownership category
- akta.pro rank
Elevate Development Corp industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Commercial and Institutional Building Construction (236220), Residential Remodelers (236118)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
- akta.pro secondary industry
- Real Estate ESG / Sustainability & Resilience Advisory (Decarbonization, Climate Risk) (BPAJANAI)
Keywords
Where Elevate Development Corp is headquartered
LocationHeadquarters
- HQ city
- Burnaby
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Elevate Development Corp business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales
Revenue model
- Property Sales: EDC generates revenue through the sale of developed residential and commercial real estate properties. The company acquires properties, develops them through construction or renovation, and sells or leases the completed developments.
- Property Leasing: Revenue generated from leasing commercial and residential properties within their portfolio.
- Development Services: Full-service development from site acquisition through municipal process, construction, and final sales/leasing.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Elevate Development Corp product offering
Product offeringCore offering
Elevate Development Corp is a Western Canada real estate development company that acquires, designs, develops, constructs, sells, and leases both residential and commercial properties. The firm manages the full property lifecycle including site acquisition, municipal approvals, construction, renovation, and disposition, with a focus on identifying underperforming assets with hidden value and executing quality developments across British Columbia.
Product overview
Elevate Development Corp offers a unified real estate platform comprising three integrated service lines: Real Estate Portfolio (acquisition and management of commercial and residential properties), Construction Services (full project lifecycle from site acquisition through sales and leasing), and Renovation Services (identifying and executing value-add renovation opportunities). The company operates across Western Canada, with notable projects including Wren + Raven, a 130-unit residential development in Mission, B.C.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Portfolio Strategic acquisition and management of commercial and residential real estate properties across Western Canada, leveraging long-standing relationships and reputation for closing deals; targeted at investors and buyers seeking quality/value assets.
- Construction Services Full-service construction offering for major renovation projects and large commercial builds, covering site acquisition, design, municipal process, construction, sales, and leasing; intended for property owners and development partners.
- Renovation Services Identification and execution of strategic renovation opportunities where properties have hidden value that can be improved through renovation and re-marketing; covers opportunity identification, budgeting, and execution by professionals.
- Wren + Raven Residential development in Mission, B.C. comprising 130 hillside homes (1 to 3 bedrooms plus den) with views of the Fraser River on a 3.78-acre site at 31940 & 31900 Raven Ave; designed for individual and family buyers.
Companies that use Elevate Development Corp
Customer profileSegments2 records
Ideal customer profiles2 records
Elevate Development Corp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Elevate Development Corp partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Elevate Development Corp competitors and assessment
Company assessmentRegional players
- Townline Group of Companies: BC-based developer building residential, commercial and industrial real estate. Peer to EDC given regional focus and full-cycle development capability.
Direct peers
- Polygon Homes: One of BC's largest residential homebuilders, building townhomes and condos across Metro Vancouver and Western Canada. Directly comparable to Elevate as both deliver multi-family residential product in the same regional markets.
- Wesgroup Properties: BC-based real estate developer/manager active in residential and commercial. Notably, EDC's senior accountant previously worked at Wesgroup, making it a close comparable in team bench and product.
- Concert Properties: Vancouver-based developer/owner of residential rental and commercial properties across BC, Alberta and Ontario. Peer to EDC given shared vertical integration and Western Canada residential exposure.
- MacDonald Development Corporation: Multi-generational BC developer active in residential, commercial and industrial. Comparable to EDC given regional focus and ownership-driven development model.
- Anthem Properties: Vancouver-based diversified real estate developer and investment manager active in residential, commercial and industrial across Western Canada. Peer to EDC given overlapping product types and regional market.
- Onni Group: Vancouver-headquartered developer of residential, commercial and rental properties across BC and select US cities. Comparable to EDC given regional focus and vertically-integrated acquisition-to-sales model.
- Bosa Properties: BC-based residential and commercial developer with a 50+ year track record across Metro Vancouver. Highly comparable to EDC given shared regional focus, residential/mixed-use product, and full-cycle development model.
- Intracorp Homes: Vancouver-based residential developer building high-rise and mid-rise condos across Metro Vancouver and the Western US. Comparable to EDC given direct residential development overlap in BC.
- Adera Homes (Adera Development Group): BC-based residential developer with a focus on multi-family townhomes and woodframe condominiums across Metro Vancouver. Peer to EDC given shared regional footprint and similar mid-density residential product type.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Elevate Development Corp social profiles
Digital presenceElevate Development Corp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elevate Development Corp leadership team
Management profileNumber of profiles
Profiles5 records
Elevate Development Corp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elevate Development Corp 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 Elevate Development Corp
What does Elevate Development Corp do?
Elevate Development Corp is a Western Canada real estate development company that acquires, designs, develops, constructs, sells, and leases both residential and commercial properties. The firm manages the full property lifecycle including site acquisition, municipal approvals, construction, renovation, and disposition, with a focus on identifying underperforming assets with hidden value and executing quality developments across British Columbia.
Is Elevate Development Corp a public or private company?
Elevate Development Corp is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Elevate Development Corp founded?
Elevate Development Corp was founded in 2003. It employs 1 to 10 people.
Where is Elevate Development Corp based?
Elevate Development Corp is headquartered in Burnaby, Canada, in the North America region.
How does Elevate Development Corp make money?
Three revenue lines are on record. Property Sales are the primary driver. The others are property Leasing and development Services.
Who are Elevate Development Corp's main competitors?
Townline Group of Companies is listed as a regional player. Direct peers are Polygon Homes, Wesgroup Properties, Concert Properties, MacDonald Development Corporation, Anthem Properties, Onni Group, Bosa Properties, Intracorp Homes and Adera Homes (Adera Development Group).
Does Elevate Development Corp have an API?
No public API is recorded for Elevate Development Corp.
What industry is Elevate Development Corp in?
Elevate Development Corp's product category is Real Estate Development. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization), with a secondary code of BPAJANAI, Real Estate ESG / Sustainability & Resilience Advisory (Decarbonization, Climate Risk). Its NAICS code is 236220 and its SIC code is 6552.