Altus Group 2019 Canadian Cost Guide

Understand the Construction Costs and Trends in Your Market

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From site acquisition through occupation, our development specialists advise on the best approach to maximize value and cost efficiency while reducing project risks. Using knowledge of global and local trends, we deliver market-led development strategies that meet cost, time, and quality expectations. Decades of historical real estate data and industry experience empower our experts to accurately benchmark developments of any sector and connect clients with suitable local teams and trades. Combined with our industry-leading pro forma, estimating and scheduling software, this data and experience ensures that project risks and opportunities are identified and managed to align with stakeholder expectations.

Construction Opinion & Pro Formas 

Our diversified team of experts delivers a clear outline of maximum project potential through financial feasibility reporting including pro formas, benchmarking and analytics. This provides insight on cost, value and schedule matters.

Project Monitoring

Representing lender interests, we review and verify all project-related documentation and contracts; prepare and track all budgets, commitments and costs incurred; and forecast an independent cost-to-complete for the project. We also track the projected revenues, development approvals, compliance documentation, construction contracts and committed revenue, and provide in‐depth monthly reporting on the project until completion and repayment of the mortgage.

Contract Administration

Our seasoned consultants act as payment certifiers issuing monthly certificates of payment, certifying costs-to-complete and holdback amounts required by the Lien Acts. When requirements shift as a project progresses, we actively manage the change process to ensure cost and scope are under control.

Scheduling Analysis & Commercial Support

Save time and money through our expert ability to optimize project momentum, minimize risks and recognize opportunities to save time and money. We enable the development of realistic and robust requirements and processes to monitor budgets, costs, schedules and progress on your project.

Featured Case Studies

Developer & Lender Services

Corus Quay

$156M project value
LEED® Gold certification, 500,000 sqft corporate headquarters, includes energy efficient lighting, a 5-storey bio-wall and cogeneration plant
Developer & Lender Services

Development Company

Galway: A Master Planned Community
Mixed-use development: 2,400 acres of land, the capacity for 5,000 new homes, a golf course, over 1 million square feet of retail and almost 150 acres of industrial space
Developer & Lender Services

Colonnade Bridgeport

Mixed-use development: 114,000, 6 storey class A office building, 138 luxury rental apartment units, two-level underground parking garage, and 35,000 sqft of retail
Designed to LEED Silver certification

Question or Inquiry?

Shaun Jones

Western Canada Inquiries

Chris Scott

Eastern Canada Inquiries

Altus Group Becomes First RICS Regulated Firm Worldwide

Effective July 2013, it has become the first company to be globally regulated by the Royal Institution of Chartered Surveyors (“RICS”).
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Experts Who Perform This Service

Alanna Boucher

Director, Cost & Project Management - Toronto

Stuart Boyce

Director, Cost & Project Management - Calgary

Sergio Callocchia

Director, Cost & Project Management - Montréal

Thomas Curtin

Director, Cost & Project Management - Toronto

David Dooks

Senior Consultant, Cost & Project Management

Colin Doran

Executive Vice President, Cost & Project Management

Ruta Praulina

Director, Cost & Project Management - BC

Tammy Stockley

Associate, Cost & Project Management - Atlantic Canada

Koover Vohra

Director, Cost & Project Management - Toronto
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