Metro One Development, Inc. (MODI.OB) plans to build its business by acquiring and renovating residential, commercial and industrial properties in the Greater Toronto area with a more personal design perspective. The company is focused on existing properties as well as building properties from the ground up.
Metro One plans to develop into a leading custom builder and property developer. Metro is able to take on both smaller home projects and larger, fully customized and scalable developments. The company differentiates itself from the competition by fabricating the foundations and architecture to create more personalization in design solutions, tailored to the customers’ demands and space intentions.
Metro One plans to focus their development and building in the Greater Toronto area. The real estate demand in the Greater Toronto area continues to thrive and grow due to strong municipal, provincial and national economic conditions. In 2007, residential sales increased 12% since the last sales recording in 2005. Commercially, the City of Toronto has 283 million sq. ft. of industrial space, making it 3rd in North America for the amount of used industrial space as the demand for warehouse and distribution centers is increasing throughout the whole area.
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