Artificial Intelligence
Builders Company
Developers/Menkes Developments
MD
Menkes DevelopmentsToronto, Canada · founded 1954 · 1 active markets
PRIVATE
www.menkes.com

Menkes Developments builds condominiums, single-family homes, office, industrial and retail properties and master-planned mixed-use communities across Toronto and the Greater Toronto Area. Its vertically-integrated model spans acquisition, planning, construction, ownership, leasing and management for homeowners, tenants and institutional partners alike.

Years in business
72
founded 1954
LinkedIn headcount
281
employees, as shown on LinkedIn · size band 201–500
Total projects
41 projects
across the company’s whole history
Units delivered
over 40,000 condominium units and 10,000 single-family homes
as the company states it
Projects last researched October 12, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Menkes Developments Ltd.1
Headquarters
4711 Yonge St. Suite 14001, Toronto1, Canada
Founded
19541
Entity type
PRIVATE1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1
Markets
1 market listed
What they build
Industrial (4 of 8) · Residential, for sale (3 of 8) · Office (2 of 8)
Full dossier in About →

Delivery record

6 date-assessed of 8 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
8
within the rolling ten-year window
Median delay
+4.3 mo
the middle of 6 scored projects
Average delay
+7.3 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+24.0 mo
Sugar Wharf Phase 1 · +13.0 to +35.0
3
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
1
red rows below

Against other developers

6 date-assessed here · 49 developers, 237 date-assessed projects in Canada
Median delay
Menkes Developments·49 developers in Canada
+4.3 mo vs +8.0 mo
this developer 3.7 mo better
The typical project on each side.
Average delay
Menkes Developments·49 developers in Canada
+7.3 mo vs +12.7 mo
this developer 5.4 mo better
Both pulled by their worst few.
On time
Menkes Developments·49 developers in Canada
50% vs 45%
this developer 5 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Projects and timelines in Track Record →

Resident experience

3 of 8 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
5.9/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Little structure evidence (2 of 3 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
6.5/ 10
Fabric, services, waterproofing, envelope · from 2 of 3 rated buildings
Management & living
6.3/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 50 developers, 248 rated buildings in Canada
Overall rating
Menkes Developments · 50 other developers in Canada
5.9 vs 7.1
this developer 1.2 worse
The weighted verdict on each side. From 3 of 3 rated buildings here and 248 in the market.
Structure & systems
Menkes Developments · 50 other developers in Canada
— vs 5.7
Too few buildings with this score here to compare (2 of 3)
Fabric and engineering only — fixed at handover. From 2 of 3 rated buildings here and 104 in the market.
Management & living
Menkes Developments · 50 other developers in Canada
6.3 vs 6.7
this developer 0.4 worse
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 227 in the market.
The market here is Canada: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • PROJECT CANCELLED January 14, 2026 (reported cancellation) Menkes Developments cancelled its planned Elektra Condos project at Dundas Street East and Jarvis Street after presales failed to meet the threshold needed for construction financing; the reported plan was to return buyers’ deposits and pursue a purpose-built rental project instead.
  • PROJECT CANCELLED January 14, 2026 (reported cancellation); March 5, 2026 (reported rental resubmission) Menkes Developments cancelled the Elektra Condos project at 218 Dundas Street East (the planned Filmores redevelopment) in January 2026 because sales were insufficient to meet project-financing requirements; buyer deposits were to be returned, and Menkes subsequently resubmitted the site as a purpose-built rental proposal rather than continuing the cancelled condominium project.
  • DELIVERY DELAY December 1, 2025 publication; status not independently confirmed through October 12, 2026 Menkes Developments and TD Asset Management’s Sugar Wharf Phase II remained on hold as of the latest located report: Menkes said the condo market was 'totally shut down' and that there was no anticipated start date, while describing the first rental tower as shovel-ready and subject to ongoing government-agreement negotiations; this is documented inactivity, not proof of an overdue contractual completion.
Record status
active
Company sources
94 source entries across 94 fields
Projects tracked
9 · 8 completed in assessment
All flags and sources →

Track Record

Delivery record

6 date-assessed of 8 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
8
within the rolling ten-year window
Median delay
+4.3 mo
the middle of 6 scored projects
Average delay
+7.3 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+24.0 mo
Sugar Wharf Phase 1 · +13.0 to +35.0
3
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
1
red rows below

Against other developers

6 date-assessed here · 49 developers, 237 date-assessed projects in Canada
Median delay
Menkes Developments·49 developers in Canada
+4.3 mo vs +8.0 mo
this developer 3.7 mo better
The typical project on each side.
Average delay
Menkes Developments·49 developers in Canada
+7.3 mo vs +12.7 mo
this developer 5.4 mo better
Both pulled by their worst few.
On time
Menkes Developments·49 developers in Canada
50% vs 45%
this developer 5 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
The market here is Canada: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

8 of 8 projects dated · 4 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Toronto, Canada
Whitby, Canada
Milton, Canada
Burlington, Canada
2018201920202021202220232024202520262027todayTORONTO, CANADA+7.5 moverified+10 moestimated+24 moverified+10.5 moverifiedWHITBY, CANADA+1 moverified+1 moverifiedMILTON, CANADAon timeverifiedBURLINGTON, CANADAcompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 2 dated statements are held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 4 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

3 of 8 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
5.9/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Little structure evidence (2 of 3 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
6.5/ 10
Fabric, services, waterproofing, envelope · from 2 of 3 rated buildings
Management & living
6.3/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 50 developers, 248 rated buildings in Canada
Overall rating
Menkes Developments · 50 other developers in Canada
5.9 vs 7.1
this developer 1.2 worse
The weighted verdict on each side. From 3 of 3 rated buildings here and 248 in the market.
Structure & systems
Menkes Developments · 50 other developers in Canada
— vs 5.7
Too few buildings with this score here to compare (2 of 3)
Fabric and engineering only — fixed at handover. From 2 of 3 rated buildings here and 104 in the market.
Management & living
Menkes Developments · 50 other developers in Canada
6.3 vs 6.7
this developer 0.4 worse
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 227 in the market.
The market here is Canada: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

3 rated · 5 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
The WhitfieldSt Lawrence, Toronto484 units
7.2/ 10
6.5/ 10
6.5/ 10

CondoTrend’s 4.5/5 building rating is based on only two votes, so it cannot be a normal ten-review anchor; under the rule for buildings with no rating reaching ten reviews, the score is kept within one point of 6.5 and set at 6.5. The limited resident comments add no qualifying recurring theme or serious failure that would move it.

condotrend.comurbantoronto.cazumper.commenkescondorentals.com
+ Fast elevators
− Popcorn/stucco ceiling concern− Small storage provision− Mediocre washer/dryer capacity
+ Overall no major issues reported+ Fast elevators
− Common areas unavailable at PDI− Limited storage− Mediocre kitchen size

The available physical-condition feedback is limited to resident forum comments rather than an engineering report. One resident reported “Elevators.- Fast” but also issued a “Popcorn ceiling warning”; another reader said the photos created concern about the building’s “apparent quality.”

urbantoronto.ca

The clearest resident comment described the experience as “Overall okay without major issues” and was satisfied with elevator speed, but said common areas were unavailable at the inspection stage, the kitchen was mediocre in size, and storage was “definitely a concern.” These are early-occupancy observations from 2025, not evidence of current management performance as of October 12, 2026.

urbantoronto.ca
Waterfront Innovation CentreEast Bayfront, Toronto
5.5/ 10
—/ 10
5.5/ 10

Google Reviews/Maps is the only located building-specific aggregate and reports 2.5/5 from 8 reviews, below the ten-review anchor threshold. Under the rule requiring a sub-ten-review result to remain within one point of 6.5, the sparse-evidence overall score is held at 5.5; structure remains unevidenced by published review material.

exa.aiwaterfrontoronto.camenkes.comcagbc.org
+ LEED Platinum certification+ high-performance glazing+ underfloor air distribution+ deep-lake-water cooling+ rainwater harvesting
+ waterfront and Sugar Beach access+ public Nexus amenity space+ cafes and event space+ secure bicycle parking and showers+ ultra-high-speed broadband
− low published overall rating

No individual structural-condition review comments were available. The building-level review source publishes an overall 2.5/5 rating from 8 reviews, while the Canada Green Building Council reports LEED Platinum certification and describes high-performance glazing, underfloor air distribution, deep-lake-water cooling and rainwater systems.

exa.aicagbc.org

No individual operational or resident review text was available to quote. The only published review result located is a building-level 2.5/5 from 8 reviews; separate project material describes the Nexus, cafes, event space, waterfront access and cycling facilities, but those are features rather than resident satisfaction findings.

exa.aiwaterfrontoronto.camenkes.com
Sugar Wharf Phase 1Eastern Waterfront, Toronto205 units
4.9/ 10
6.6/ 10
Toronto Condos Review 4/5 · 1 review · torontocondosreview.com
Toronto Condos Review publishes 4/5 from 1 review. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 6.6.
6.9/ 10
Toronto Condos Review 5/5, 4/5, 4/5 · 1 review · torontocondosreview.com
Combined from 3 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.9.

Google Reviews/Maps supplies the largest building-specific sample, 2.9/5 from 237 resident reviews, which converts to a 3.8 anchor under the stated curve. The score is pulled down by repeated alarm, maintenance and management complaints, with only a modest offset for location, staff, views and amenities; the evidence supports a weak resident-experience score, while the structure figure is kept separate because the physical-condition evidence is limited to reported leaks and unfinished work.

strata.cabestrealestateagency.catorontocondosreview.commenkes.com
+ New units+ Spacious layouts+ Efficiently laid-out units+ Large balconies
− Water leaks− Maintenance issues left unresolved− Building not fully finished− Ongoing construction
+ Waterfront location+ Nearby shops and transit+ Friendly staff+ Fitness and pool amenities+ Lake views
− Frequent fire alarms− Slow management response− Unhelpful concierge reports− High utility costs− Construction disruption

Residents describe the units as “new and spacious with good layouts,” but the physical-condition feedback is not uniformly positive. One reviewer reported, “I’ve had water leaks that management hasn’t addressed properly,” while another said maintenance can take weeks to fix reported problems; the available material supports reported defects and response problems, not a definitive engineering conclusion.

strata.cabestrealestateagency.catorontocondosreview.com

The daily experience is split between a highly convenient waterfront setting and difficult operations. Residents call the location “excellent,” cite great views and amenities, and say staff are friendly, but repeated reviews say alarms occur “almost daily” or “every other day,” while management is “slow and unresponsive” and maintenance responses are poor.

strata.cabestrealestateagency.camenkes.com
Only buildings that have reached handover are rated. 5 of 8 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Menkes Developments Ltd.
Headquarters
4711 Yonge St. Suite 1400, Toronto, Canada
M2N 7E4
Founded
1954
Toronto, Canada
Entity type
PRIVATE
Revenue
USD 6.421934 million
Business model
offplan for sale, commercial, mixed use, masterplan

Partners

8 partners
QuadReal Property Group
joint venture

QuadReal and Menkes jointly developed Assembly Park in Vaughan, including Mobilio, Festival, Grand Festival and Bravo.

City of Vaughan
government partner

Menkes and QuadReal worked with Vaughan planning staff and political leaders on Festival and Bravo and the broader Vaughan Metropolitan Centre community.

Mackenzie Health Foundation
funder

QuadReal and Menkes made a $1 million donation to support the Foundation's health-care fundraising and the Domestic Abuse and Sexual Assault Unit.

Waterfront Toronto
government partner

Waterfront Toronto selected Menkes as pre-development partner for the Waterfront Innovation Centre and worked with it on the development agreement.

City of Toronto
government partner

The City provided the ground lease for City-owned East Bayfront land for the Waterfront Innovation Centre.

EllisDon
contractor

EllisDon served as general contractor for the 100 Queens Quay East office project.

Greystone Managed Investments Inc.
funder

Greystone participated in the partnership that purchased and planned the Menkes Waterfront mixed-use development.

Triovest Realty Advisors Inc.
funder

Triovest participated in the partnership that purchased and planned the Menkes Waterfront mixed-use development.

Sources: partners

PRESS2024-12-11

MENKES AND QUADREAL "TOP OFF" AT FESTIVAL, CANADA'S BEST-SELLING CONDOMINIUM COMMUNITY IN VAUGHAN METROPOLITAN CENTRE

Menkes Developments Ltd. · carried by newswire.ca
Menkes Developments Ltd. ("Menkes"), and QuadReal Property Group ("QuadReal") are pleased to announce the successful "topping off" of Festival
value seen: QuadReal Property Group
https://www.newswire.ca/news-releases/menkes-and-quadreal-top-off-at-festival-canada-s-best-selling-condominium-community-in-vaughan-metropolitan-centre-836787954.html

Sources: partners

COMPANY2024-04-03

Developers Break Ground at BRAVO

Menkes Developments
The City of Vaughan is an important partner, and we are thrilled to see our shared vision for the VMC take another step forward
value seen: City of Vaughan
https://www.menkes.com/news/press/posts/5728999930

Sources: partners

COMPANY2022-05-30

INTRODUCING ASSEMBLY PARK

Menkes Developments
QuadReal and Menkes solidified their commitment to the broader community with a $1 million donation to the Mackenzie Health Foundation.
value seen: $1 million donation to the Mackenzie Health Foundation
https://www.menkes.com/news/press/posts/2693721595

Sources: partners

REGULATOR2017-02-21

Ground Lease for Waterfront Innovation Centre in East Bayfront

City of Toronto
At that time, Menkes had been selected by Waterfront Toronto (WT), through an RFP process, as WT's pre-development partner.
value seen: Waterfront Toronto
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-101437.pdf

Sources: partners

REGULATOR2017-02-21

Ground Lease for Waterfront Innovation Centre in East Bayfront

City of Toronto
The ground lease provides for a 3 year construction period followed by a 99 year term and will allow Menkes to develop the 0.46 ha (1.14 acre) Waterfront Innovation Centre.
value seen: City of Toronto
held out of the figures · the quote does not carry this value
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-101437.pdf

Sources: partners

PRESS2020-08-26

Concrete crews top off new 25-storey office tower on Toronto waterfront

On-Site Magazine · carried by on-sitemag.com
EllisDon is serving as the general contractor for the 100 Queens Quay East project
value seen: EllisDon
https://www.on-sitemag.com/construction/concrete-crews-top-off-new-25-storey-office-tower-on-toronto-waterfront/1003969778/

Sources: partners

COMPANY2016-05-05

New Community by Menkes to Feature Office HQ for LCBO and Two-Acre Park

Menkes Developments
The partnership comprised of Menkes, Greystone Managed Investments Inc. and Triovest Realty Advisors Inc.
value seen: Greystone Managed Investments Inc.
https://www.menkes.com/news/press/posts/new-community-by-menkes-to-feature-office-hq-for-lcbo-and-two-acre-park

Sources: partners

COMPANY2016-05-05

New Community by Menkes to Feature Office HQ for LCBO and Two-Acre Park

Menkes Developments
The partnership comprised of Menkes, Greystone Managed Investments Inc. and Triovest Realty Advisors Inc.
value seen: Triovest Realty Advisors Inc.
https://www.menkes.com/news/press/posts/new-community-by-menkes-to-feature-office-hq-for-lcbo-and-two-acre-park

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Canadaactive 8 projects tracked

What they build

6 types
Industrial4 of 8
Residential, for sale3 of 8
Office2 of 8
Retail2 of 8
Mixed use1 of 8
Residential, for rent1 of 8
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
AM
Alan Menkes
Alan Menkes chairs Menkes’ high-rise residential division and has led major Toronto condominium and mixed-use developments. The company says he began there in 1976; independent reporting describes him as a pioneer of Toronto’s condominium market and quotes his emphasis on long delivery timelines and purchaser communication.
Current title
Chair, High-Rise Residential
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
Foundation of the University Health Network
Known for
ChairJoined 197625,000+ units70+ buildingsCondominium pioneer
since Since beginning his career with the company in 1976
We are proud to be one of the pioneering condo developers in Toronto. National Post July 30, 2012https://nationalpost.com/life/homes/condos/fifty-years-of-building-homes-brings-perspective
With condominiums, you have greater construction complexity and a much longer timeline for delivery. National Post July 30, 2012https://nationalpost.com/life/homes/condos/fifty-years-of-building-homes-brings-perspective

Sources: full name

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Chair, High-Rise Residential Alan Menkes is the Chair of the High Rise Residential Division of Menkes Developments
value seen: Alan Menkes
https://www.menkes.com/about/menkes-family

Sources: other boards

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
He currently serves on the Board of the Foundation of the University Health Network
value seen: currently serves on the Board of the Foundation of the University Health Network
https://www.menkes.com/about/menkes-family

Sources: quotes

PRESS2012-07-30

Fifty years of building homes brings perspective | National Post

National Post
We are proud to be one of the pioneering condo developers in Toronto.
value seen: We are proud to be one of the pioneering condo developers in Toronto.
https://nationalpost.com/life/homes/condos/fifty-years-of-building-homes-brings-perspective

Sources: quotes

PRESS2012-07-30

Fifty years of building homes brings perspective | National Post

National Post
With condominiums, you have greater construction complexity and a much longer timeline for delivery.
value seen: With condominiums, you have greater construction complexity and a much longer timeline for delivery.
https://nationalpost.com/life/homes/condos/fifty-years-of-building-homes-brings-perspective

Sources: since

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Since beginning his career with the company in 1976 he has been one of the key pioneers and innovators of the condominium lifestyle
value seen: Since beginning his career with the company in 1976
https://www.menkes.com/about/menkes-family

Sources: summary

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Since beginning his career with the company in 1976 he has been one of the key pioneers and innovators of the condominium lifestyle and has completed over 25,000 units in more than 70 buildings.
value seen: completed over 25,000 units in more than 70 buildings
value paraphrased from this source
https://www.menkes.com/about/menkes-family

Sources: tags

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Since beginning his career with the company in 1976 he has been one of the key pioneers and innovators of the condominium lifestyle and has completed over 25,000 units in more than 70 buildings.
value seen: 25,000 units in more than 70 buildings
value paraphrased from this source
https://www.menkes.com/about/menkes-family

Sources: title

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Alan Menkes is the Chair of the High Rise Residential Division of Menkes Developments
value seen: Chair of the High Rise Residential Division
value paraphrased from this source
https://www.menkes.com/about/menkes-family
SM
Steven Menkes
Steven Menkes chairs and leads the low-rise residential division and oversees finance and accounting. Menkes describes his work as including complex real-estate financing and more than 10,000 completed single-family homes; an independent ULI account identifies him as the family company’s accounting and capital-raising specialist.
Current title
Chair & President, Low-Rise Residential
Experience
no career length stated
Companies before
none sourced
Education
Boston CollegeHonours Bachelor of Science, majors in Finance and Accounting
Other boards
none sourced
Known for
Chair & PresidentJoined 1982Low-rise residentialFinance & accounting10,000+ homes
since Joined the Company in 1982; since 1994 heads the low-rise division
He recalled his dad as a wonderful listener who would always provide an honest answer on the spot. ULI Toronto February 27, 2014https://toronto.uli.org/event-recap-fireside-chat-2014-menkes-family/

Sources: education

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Steven holds an Honours Bachelor of Science degree with majors in Finance and Accounting from Boston College.
value seen: Honours Bachelor of Science degree with majors in Finance and Accounting from Boston College
https://www.menkes.com/about/menkes-family

Sources: full name

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Chair & President, Low-Rise Residential Steven joined the Company in 1982
value seen: Steven Menkes
held out of the figures · the quote does not carry this value
https://www.menkes.com/about/menkes-family

Sources: quotes

PRESS2014-02-27

Event Recap: Fireside Chat 2014: The Menkes Family | ULI Toronto

ULI Toronto
He recalled his dad as a wonderful listener who would always provide an honest answer on the spot.
value seen: He recalled his dad as a wonderful listener who would always provide an honest answer on the spot.
https://toronto.uli.org/event-recap-fireside-chat-2014-menkes-family/

Sources: since

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Steven joined the Company in 1982, and today heads the Low-Rise Residential Division
value seen: Joined the Company in 1982
https://www.menkes.com/about/menkes-family

Sources: summary

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Under his leadership, the Low-Rise Division has developed over 10,000 homes in single family residential communities throughout the GTA
value seen: developed over 10,000 homes
value paraphrased from this source
https://www.menkes.com/about/menkes-family

Sources: tags

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Steven holds an Honours Bachelor of Science degree with majors in Finance and Accounting from Boston College.
value seen: Honours Bachelor of Science degree with majors in Finance and Accounting from Boston College
https://www.menkes.com/about/menkes-family

Sources: title

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Chair & President, Low-Rise Residential Steven joined the Company in 1982, and today heads the Low-Rise Residential Division and oversees the Finance and Accounting functions.
value seen: Chair & President, Low-Rise Residential
https://www.menkes.com/about/menkes-family
PM
Peter Menkes
Peter Menkes chairs and runs Menkes’ commercial/industrial division. Menkes credits him with overseeing more than 20 million square feet of office, industrial and retail space; independent reporting highlights a nearly 40-year career and his Order of Ontario recognition, while UHN identifies him as a trustee.
Current title
Chair & President, Commercial/Industrial
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
Trustee, University Health Network (UHN)
Known for
Chair & PresidentJoined 1982Commercial/industrial20M+ SQFTOrder of Ontario
since Joined the Company in 1982
For me, sustainability is about building something that will run itself through its lifetime in a very efficient way. National Post December 21, 2009https://nationalpost.com/news/a-towering-success
Have a good banker! ULI Toronto February 27, 2014https://toronto.uli.org/event-recap-fireside-chat-2014-menkes-family/

Sources: full name

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
PETER MENKES Chair & President, Commercial/Industrial Peter joined the Company in 1982.
value seen: Peter Menkes
https://www.menkes.com/about/menkes-family

Sources: other boards

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
He ... is currently a Trustee of the University Health Network (UHN).
value seen: currently a Trustee of the University Health Network (UHN)
https://www.menkes.com/about/menkes-family

Sources: quotes

PRESS2009-12-21

A towering success | National Post

National Post
“For me, sustainability is about building something that will run itself through its lifetime in a very efficient way,” says Mr. Menkes
value seen: For me, sustainability is about building something that will run itself through its lifetime in a very efficient way.
https://nationalpost.com/news/a-towering-success

Sources: quotes

PRESS2014-02-27

Event Recap: Fireside Chat 2014: The Menkes Family | ULI Toronto

ULI Toronto
“Have a good banker!” Peter joked when asked by Godfrey what advice he would give to young ambitious people.
value seen: Have a good banker!
https://toronto.uli.org/event-recap-fireside-chat-2014-menkes-family/

Sources: since

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Peter joined the Company in 1982. Under Peter’s leadership, Menkes has developed and managed over 20 million square feet of office, industrial and retail space across the GTA.
value seen: Joined the Company in 1982
https://www.menkes.com/about/menkes-family

Sources: summary

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Under Peter’s leadership, Menkes has developed and managed over 20 million square feet of office, industrial and retail space across the GTA.
value seen: developed and managed over 20 million square feet of office, industrial and retail space
value paraphrased from this source
https://www.menkes.com/about/menkes-family

Sources: title

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
PETER MENKES Chair & President, Commercial/Industrial Peter joined the Company in 1982.
value seen: Chair & President, Commercial/Industrial
https://www.menkes.com/about/menkes-family
JM
Jared Menkes
Jared Menkes leads the high-rise residential division, including development, marketing, sales, construction and customer service, and also oversees Menkes Condo Rentals and MenRes. The company credits him with large condominium and mixed-use projects including Sugar Wharf and Festival; independent reporting describes his role in Sugar Wharf’s delivery and next-phase planning.
Current title
President, High-Rise Residential
Experience
no career length stated
Companies before
CB Richard Ellis
Education
University of VermontBusiness
Other boards
none sourced
Known for
PresidentJoined 2008High-rise residential20,000+ condo unitsSugar Wharf
https://linkedin.com/in/jared-menkes-48274330
since Joined the Company in 2008
Festival is like no other project in the GTA – it’s an ambitious, all-encompassing community that sets a new industry standard in Vaughan. Menkes Developments December 11, 2024https://www.menkes.com/news/press/posts/menkes-quadreal-top-off-at-festival
Since the condo market is totally shut down, we don't have an anticipated start date yet. RENX December 1, 2025https://www.renx.ca/sugar-wharf-phase-1-complete-menkes-phase-2-apartment-tower

Sources: education

SOCIAL2026-09-10

Jared Menkes

LinkedIn
Business at University of Vermont 2000 - 2004
value seen: Business at University of Vermont
https://linkedin.com/in/jared-menkes-48274330

Sources: full name

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
President, High-Rise Residential Jared joined the Company in 2008.
value seen: Jared Menkes
held out of the figures · the quote does not carry this value
https://www.menkes.com/about/menkes-family

Sources: linkedin page

SOCIAL2026-09-10

Jared Menkes

LinkedIn
# Jared Menkes President, High-Rise Residential at Menkes Developments Ltd
value seen: https://linkedin.com/in/jared-menkes-48274330
https://linkedin.com/in/jared-menkes-48274330

Sources: previous companies

DIRECTORYdate not shown in source

Jared Menkes Email & Phone Number

RocketReach
2004 - 2007National Investment Team @CBRE
value seen: National Investment Team @CBRE
value paraphrased from this source
https://rocketreach.co/jared-menkes-email_2082370

Sources: quotes

COMPANY2024-12-11

Menkes & QuadReal “Top Off” at Festival

Menkes Developments
“Festival is like no other project in the GTA – it’s an ambitious, all-encompassing community that sets a new industry standard in Vaughan,” said Jared Menkes
value seen: Festival is like no other project in the GTA – it’s an ambitious, all-encompassing community that sets a new industry standard in Vaughan.
https://www.menkes.com/news/press/posts/menkes-quadreal-top-off-at-festival

Sources: quotes

PRESS2025-12-01

Menkes, partners move ahead with Sugar Wharf Phase II prep

RENX
“Since the condo market is totally shut down, we don't have an anticipated start date yet,” said Jared Menkes.
value seen: Since the condo market is totally shut down, we don't have an anticipated start date yet.
https://www.renx.ca/sugar-wharf-phase-1-complete-menkes-phase-2-apartment-tower

Sources: since

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Jared joined the Company in 2008. He oversees all aspects of the High Rise Division
value seen: Joined the Company in 2008
https://www.menkes.com/about/menkes-family

Sources: summary

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
He oversees all aspects of the High Rise Division including the development, marketing, sales, construction and customer service of more than 20,000 condominium units across the Greater Toronto Area.
value seen: He oversees all aspects of the High Rise Division including the development, marketing, sales, construction and customer service
value paraphrased from this source
https://www.menkes.com/about/menkes-family

Sources: title

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
President, High-Rise Residential Jared joined the Company in 2008. He oversees all aspects of the High Rise Division
value seen: President, High-Rise Residential
https://www.menkes.com/about/menkes-family
AM
Adam Menkes
Adam Menkes is an executive vice president responsible for low-rise acquisition, planning, development, design, sales and marketing. Menkes identifies him with communities including Lake & Town, Winchester Estates, Glen Ashton Estates, Mobilio and NY Walk; a 2025 company release quotes his approach to neighbourhood-sensitive luxury infill.
Current title
Executive Vice President, Low-Rise Residential
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Executive Vice PresidentJoined 2012Low-rise residentialAcquisition & planningDevelopment
https://linkedin.com/in/adam-menkes-5a148a92
since Joined the Company in 2012
Our vision for South Lake was to create a community that exists in harmony with the current character of this exceptional neighbourhood while raising the bar for luxury in-fill developments. Menkes Developments July 22, 2025https://www.menkes.com/news/press/posts/366027856

Sources: full name

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Executive Vice President, Low-Rise Residential Adam joined the Company in 2012.
value seen: Adam Menkes
held out of the figures · the quote does not carry this value
https://www.menkes.com/about/menkes-family

Sources: linkedin page

SOCIAL2026-10-05

Adam Menkes

LinkedIn
# Adam Menkes Vice-President, Low-Rise Residential at Menkes Developments Ltd.
value seen: https://linkedin.com/in/adam-menkes-5a148a92
https://linkedin.com/in/adam-menkes-5a148a92

Sources: quotes

COMPANY2025-07-22

Menkes Breaks Ground at South Lake Residences

Menkes Developments
"Our vision for South Lake was to create a community that exists in harmony with the current character of this exceptional neighbourhood while raising the bar for luxury in-fill developments," said Adam Menkes, Vice President of Low-Rise Residential at Menkes Developments.
value seen: Our vision for South Lake was to create a community that exists in harmony with the current character of this exceptional neighbourhood while raising the bar for luxury in-fill developments
https://www.menkes.com/news/press/posts/366027856

Sources: since

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Adam joined the Company in 2012. He oversees the Low-Rise Division
value seen: Joined the Company in 2012
https://www.menkes.com/about/menkes-family

Sources: summary

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
He oversees the Low-Rise Division including the acquisition, planning and development, design, sales and marketing of communities such as Lake & Town in Etobicoke and Winchester Estates in Oshawa
value seen: He oversees the Low-Rise Division including the acquisition, planning and development, design, sales and marketing
value paraphrased from this source
https://www.menkes.com/about/menkes-family

Sources: title

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Executive Vice President, Low-Rise Residential Adam joined the Company in 2012. He oversees the Low-Rise Division
value seen: Executive Vice President, Low-Rise Residential
https://www.menkes.com/about/menkes-family
JM
Jason Menkes
Jason Menkes is an executive vice president overseeing Menkes’ industrial portfolio, including leasing, asset and property management, acquisitions, land development and construction. The company describes his responsibility for more than 4.5 million square feet and its solar initiative; his published company contact page lists his individual Menkes work email.
Current title
Executive Vice President, Commercial/Industrial
Experience
no career length stated
Companies before
none sourced
Education
Syracuse University, Whitman School of Management
Other boards
NAIOPSociety of Industrial and Office Realtors (SIOR)
Known for
Executive Vice PresidentJoined 2010Industrial portfolio4.5M+ SQFTSolar initiative
Work email: jason.menkes@menkes.com1 Email
https://linkedin.com/in/jason-menkes-04253a166
since Joined the company in 2010
We are pleased to announce the LEED certification of 8205 Parkhill Drive. Menkes Developments May 10, 2023https://www.menkes.com/news/press/posts/menkes-announces-leed-certification-of-8205-parkhill-drive

Sources: education

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Jason graduated from the Whitman School of Management at Syracuse University in 2006.
value seen: graduated from the Whitman School of Management at Syracuse University in 2006
https://www.menkes.com/about/menkes-family

Sources: email

COMPANYdate not shown in source

Contact Us | Menkes Developments

Menkes Developments
Jason MenkesExecutive Vice President, Commercial/Industrial 416-491-2222 416-642-8131 416-491-2304 jason.menkes@menkes.com
value seen: jason.menkes@menkes.com
https://www.menkes.com/commercial/contact-us

Sources: full name

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Executive Vice President, Commercial/Industrial Jason joined the company in 2010.
value seen: Jason Menkes
held out of the figures · the quote does not carry this value
https://www.menkes.com/about/menkes-family

Sources: linkedin page

SOCIAL2026-10-02

Jason Menkes

LinkedIn
Vice President, Commercial | Industrial at Menkes Developments Ltd.
value seen: https://linkedin.com/in/jason-menkes-04253a166
https://linkedin.com/in/jason-menkes-04253a166

Sources: other boards

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
He is an active member of the National Association of Industrial and Office Properties (NAIOP) and the Society of Industrial and Office Realtors (SIOR).
value seen: member of the National Association of Industrial and Office Properties (NAIOP) and the Society of Industrial and Office Realtors (SIOR)
https://www.menkes.com/about/menkes-family

Sources: quotes

COMPANY2023-05-10

Press Post - Menkes announces LEED certification of 8205 Parkhill Drive

Menkes Developments
“We are pleased to announce the LEED certification of 8205 Parkhill Drive,” said Jason Menkes, Executive Vice President, Commercial/Industrial.
value seen: We are pleased to announce the LEED certification of 8205 Parkhill Drive
https://www.menkes.com/news/press/posts/menkes-announces-leed-certification-of-8205-parkhill-drive

Sources: since

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Jason joined the company in 2010. He manages a portfolio of over 4.5 million square feet of industrial space across the Greater Toronto Area
value seen: Joined the company in 2010
https://www.menkes.com/about/menkes-family

Sources: summary

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
He manages a portfolio of over 4.5 million square feet of industrial space across the Greater Toronto Area, overseeing its leasing, asset management and property management.
value seen: He manages a portfolio of over 4.5 million square feet of industrial space across the Greater Toronto Area
value paraphrased from this source
https://www.menkes.com/about/menkes-family

Sources: tags

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
He also leads the Company’s solar energy initiative, having installed solar rooftop installations on many of the Company’s industrial buildings, amassing the largest privately-owned rooftop solar portfolio in the GTA.
value seen: largest privately-owned rooftop solar portfolio in the GTA
value paraphrased from this source
https://www.menkes.com/about/menkes-family

Sources: title

COMPANYdate not shown in source

Menkes Family | Menkes Developments

Menkes Developments
Executive Vice President, Commercial/Industrial Jason joined the company in 2010.
value seen: Executive Vice President, Commercial/Industrial
https://www.menkes.com/about/menkes-family

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

1 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

8 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
The WhitfieldToronto, Canada
St Lawrence		residential for sale484139 Stories——20% (over 720 days) + 1% at occupancy1——May 2025 – Aug 2025Feb 2026+7.5 mo
(+6.0 to +9.0)		sourcedcompleted
AdagioToronto, Canada
Yorkville		residential for sale202129 storeys——20% + 1% on occupancy12021September 2021Jan 2025 – Mar 2025Dec 2025+10.0 mo
(+9.0 to +11.0)		estimatedcompleted
Menkes Whitby Business Park — 1655 Stellar DriveWhitby, Canada
industrial——163,611 sq ft——2024February 14, 2024Oct 2025 – Dec 2025Dec 2025+1.0 mo
(0.0 to +2.0)		sourcedcompleted
7472 Fifth LineMilton, Canada
industrial——92,596 sq ft————Oct 2025 – Dec 2025Nov 20250.0 mo
(−1.0 to +1.0)		sourcedcompleted
Menkes Whitby Business Park — 1651 Stellar DriveWhitby, Canada
industrial——163,388 sq ft————Oct 2024 – Dec 2024Dec 2024+1.0 mo
(0.0 to +2.0)		sourcedcompleted
4385 Mainway DriveBurlington, Canada
industrial——115,000 sq ft—————Jan 2024 – Dec 2024—not scorablecompleted
Sugar Wharf Phase 1Toronto, Canada
Eastern Waterfront		mixed use, residential for sale, residential for rent, office, retail205164 and 65 storey residential towers; 25-storey office tower675,000 sq ft—26% total1——Jan 2022 – Dec 2022Jan 2024 – Dec 2024+24.0 mo
(+13.0 to +35.0)		sourcedcompleted
Waterfront Innovation CentreToronto, Canada
East Bayfront		office, retail—The Hive: 11 storeys; The Exchange: 10 storeys475,000 sq ft——2018September 20, 2018Jul 2021 – Sep 2021Jan 2022 – Dec 2022+10.5 mo
(+4.0 to +17.0)		sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
PROJECT AWARD Winner June 20, 2024
ESG Impact Project · Waterfront Innovation Centre
Menkes Developments Ltd. was named on the winning team for the ESG Impact Project award for Waterfront Innovation Centre.
PROJECT AWARD Winner June 20, 2024
Retail Development of the Year · Sugar Wharf Retail
Menkes Developments Ltd. was named on the winning team for the Retail Development of the Year award for Sugar Wharf Retail.
PROJECT AWARD Winner June 23, 2022
Project of the Year, Mid/High-Rise · Grand Festival
Menkes Developments won BILD’s Project of the Year, Mid/High-Rise award for Grand Festival.
RANKING Ranked February 9, 2022
Canada’s top builder for pre-construction high-rise sales
Menkes ranked number one in Canada for pre-construction high-rise sales in 2021, based on data reported by Altus Group; the result was reported by the developer and independently covered by real-estate press.
PROJECT AWARD Winner May 2023
Outstanding Building of the Year (TOBY) Award — Office Building, 500,000 to 1 Million sq. ft. · One York Street
One York Street, managed by Menkes Property Management Services Ltd., won the BOMA Canada TOBY award in the 500,000-to-1-million-square-foot office-building category.
SUSTAINABILITY Certified September 2023 (reported March 18, 2024)
LEED Platinum certification — Building Design and Construction: Core and Shell v4 · Waterfront Innovation Centre
Waterfront Innovation Centre, a Menkes Developments project, was certified LEED Platinum in September 2023, as reported by the Canada Green Building Council.
GOVERNMENT RECOGNITION 2024
Lifetime Achievement
BILD’s lifetime-achievement page records Alan Menkes, president of Menkes’ high-rise residential business, as the 2024 recipient; this is an individual recognition associated with the company, not an award directly conferred on Menkes Developments Ltd.
Building Industry and Land Development Association (BILD) · https://bildawards.com/bildawards2025/en/page/lifetime

Risks

Risk flags

3 found
PROJECT CANCELLED January 14, 2026 (reported cancellation)
Menkes Developments cancelled its planned Elektra Condos project at Dundas Street East and Jarvis Street after presales failed to meet the threshold needed for construction financing; the reported plan was to return buyers’ deposits and pursue a purpose-built rental project instead.
PROJECT CANCELLED January 14, 2026 (reported cancellation); March 5, 2026 (reported rental resubmission)
Menkes Developments cancelled the Elektra Condos project at 218 Dundas Street East (the planned Filmores redevelopment) in January 2026 because sales were insufficient to meet project-financing requirements; buyer deposits were to be returned, and Menkes subsequently resubmitted the site as a purpose-built rental proposal rather than continuing the cancelled condominium project.
DELIVERY DELAY December 1, 2025 publication; status not independently confirmed through October 12, 2026
Menkes Developments and TD Asset Management’s Sugar Wharf Phase II remained on hold as of the latest located report: Menkes said the condo market was 'totally shut down' and that there was no anticipated start date, while describing the first rental tower as shovel-ready and subject to ongoing government-agreement negotiations; this is documented inactivity, not proof of an overdue contractual completion.

Record status

active
Coverageactive
Tracked sinceOctober 11, 2026
Last checkedOctober 12, 2026 this month
Profile last researchedOctober 12, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.