About Allied Properties
Allied Properties is a prominent player in urban development across Canada, established as an unincorporated, closed-end trust. The company focuses on managing and developing properties while providing stable growth to its unit-holders through effective management and strategic portfolio expansion. With a commitment to innovation and sustainability, Allied Properties specializes in transforming outdated industrial structures into modern Class I office spaces that meet the needs of today’s businesses. This unique approach not only preserves the architectural history of these buildings but also creates cost-efficient and aesthetically pleasing work environments.
Headquartered in Toronto, Allied Properties has established a significant presence in nine major cities across Canada. The company’s dedication to urban revitalization and adaptive reuse of properties reflects its mission to contribute meaningfully to the communities it serves. By breathing new life into old buildings, Allied Properties enhances urban landscapes while offering attractive options for office and retail tenants.
History & Market Share of Allied Properties
Founded in 2002, Allied Properties has steadily grown its portfolio and market share in the Canadian real estate sector. Initially focusing on the Toronto market, the company has expanded its reach to other major cities, including Ottawa, Quebec City, and Calgary. This expansion demonstrates Allied Properties’ strategy to capitalize on urban growth trends and the increasing demand for innovative office spaces.
Over the years, Allied Properties has gained a reputation for excellence in property management and development. The company operates with a vision grounded in sustainability and heritage preservation, positioning itself as a leader in the adaptive reuse market. By revitalizing aging industrial buildings, Allied Properties not only contributes to the reduction of urban sprawl but also promotes economic growth in urban centers.
With a diverse portfolio that includes properties across various sectors, Allied Properties continues to capture a significant share of the market. The company’s focus on Class I office spaces places it at the forefront of a growing trend among businesses seeking unique and functional work environments.
Past Projects & Current Projects by Allied Properties
Allied Properties boasts an impressive portfolio of past and current projects that highlight its expertise in transforming industrial buildings into modern office spaces. Some notable past projects include:
The Chambers, Ottawa
Located in central Ottawa, The Chambers is a complex created from three historic buildings constructed between 1867 and 1891, complemented by a 14-storey high-rise built in 1994. This project showcases Allied’s ability to blend historical architecture with contemporary design, offering 220,407 square feet of flexible office space in the heart of Canada’s capital.
141 Bathurst St., Toronto
Situated in downtown Toronto, 141 Bathurst St. is a two-story low-rise office building originally built in 1926. This building exemplifies the Class I office space concept, having been beautifully renovated to maintain its historic charm while providing modern amenities and comfort for tenants.
193 Yonge St., Toronto
The eight-story high-rise at 193 Yonge St. features a stunning façade that pays homage to early 20th-century architecture. With its remarkable interior design, this building adds character to Toronto’s vibrant entertainment district while providing high-quality office space.
390 Charest Blvd. East, Quebec City
This gleaming renovated Class I building is located adjacent to the historic Jardin Saint-Roch in Quebec City. With an impressive 73,391 square feet of space, it stands as a testament to Allied Properties’ commitment to preserving heritage while modernizing urban landscapes.
Current Projects
Allied Properties continues to expand its portfolio with current projects aimed at further enhancing urban development. The company is focusing on additional renovations of historical buildings and new developments that prioritize sustainability and innovation. These projects are strategically located to ensure easy access to public transportation and central business districts, making them attractive options for potential tenants.
Awards & Recognitions of Allied Properties
Allied Properties has received numerous awards and recognitions for its commitment to excellence in real estate development and property management. The company’s focus on sustainability and heritage preservation has earned it accolades from various industry organizations.
Some notable awards include:
- Canadian Urban Institute Awards: Recognized for excellence in urban design and revitalization efforts.
- NAIOP Awards: Honored for outstanding achievements in commercial real estate development.
- Green Building Council Certifications: Acknowledged for sustainable building practices that promote energy efficiency and environmental stewardship.
These accolades reflect Allied Properties’ dedication to creating innovative spaces that respect the past while embracing future possibilities.
Conclusion
Allied Properties stands out as a leader in urban development across Canada, with a strong commitment to transforming industrial spaces into modern Class I offices. Under the leadership of Michael R. Emory, the company has successfully integrated heritage preservation with innovative design, making significant contributions to community development.
Through its diverse portfolio of past and current projects, Allied Properties continues to showcase its expertise in revitalizing urban landscapes while providing high-quality office environments that meet the needs of today’s businesses.
Allied Properties is a leader in urban development across Canada, specializing in transforming industrial buildings into Class I office spaces. With a focus on sustainability and heritage preservation, the company has garnered numerous awards for its innovative projects. Their diverse portfolio reflects their commitment to enhancing urban landscapes while meeting modern business needs