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Ontario  + Apartments  |  January 3, 2024
Toronto-based developers Collecdev and Markee Developments have merged.
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By: Monte Stewart

Collecdev, Markee Developments Join Forces

Toronto-based developers Collecdev and Markee Developments have merged to expedite housing projects across the Greater Toronto and Hamilton areas.

Jennifer Keesmaat, who formerly headed Markee, has assumed the role of CEO with the amalgamated company. Keesmaat, a former City of Toronto chief planner, announced the merger on X, formerly known as Twitter, and LinkedIn.

She said the merger moves Markee into its next stage: Construction. Collecdev-Markee has about 7,600 homes in the development pipeline.

The projects include the Tyndale Green multi-residential development in North York, which is slated to begin construction in early 2024 and contain about 1,000 purpose-built rental units, including hundreds of affordable homes.

“We will continue to prioritize access to affordable housing!” Keesmaat wrote on X and LinkedIn.

Image: Tyndale Green, North York; Collecdev-Markee

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Inside The Story

Jennifer KeesmaatCollecdev-Markee

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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