Genesis Land Development Corp. (7F9)

Overview

Genesis Land Development Corp. operates as an integrated land developer and residential home builder focused on the Calgary Metropolitan Area in Canada. The company's operations are divided into two main segments: Land Development and Home Building. Starting its journey in 1991 and originally known as Genesis Capital Corp., the company adopted its current name in October 1998. Through its Land Development segment, Genesis acquires and processes land for residential, commercial, and industrial use, offering serviced lots and lands to third-party builders and developers, as well as selling completed homes. Its Home Building segment extends its services to planning and developing single-family lots, townhomes, multi-family residences, and commercial parcels, aiming to cater to a broad spectrum of housing needs in its operational region. Headquartered in Calgary, Canada, Genesis Land Development Corp. has established a reputation for contributing to community development by providing quality residential and commercial spaces.

Products and Services

• Land Development

Genesis Land Development Corp. engages in acquiring, planning, rezoning, subdividing, servicing, and selling residential lots along with commercial and industrial lands. This process is fundamental in preparing the land for further residential or commercial development, and Genesis offers these serviced lots to third-party developers and builders. This segment underscores the company’s role in shaping the infrastructure landscape, facilitating the creation of new communities and commercial spaces.

• Home Building

In the Home Building segment, Genesis undertakes the planning, development, and sale of single-family lots, townhomes, multi-family units, and commercial parcels. This segment showcases the company's versatility in building a variety of home types to meet the diverse needs of its clientele. From standalone single-family homes to integrated multi-family complexes, Genesis provides a range of housing solutions, aimed at bolstering residential growth and catering to specific market demands within the Calgary Metropolitan Area.