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Case Study: Shermount - Options For Homes

Deltera Construction

Shermount Options for Homes

Options selected Deltera as its builder for The Shemount because of Deltera’s reputation of delivering a quality product on time and on budget. In addition, Options was able to pass on to its purchasers the outstanding value Deltera achieves through its unmatched purchasing power.

Deltera was proud to be working with this not-for-profit organization to help hundreds of people obtain their first home ownership. The high standard of quality workmanship and design were never compromised so that each home owner will enjoy lasting value and appreciation in their home.

Project Statistics:

  • 10 storey tower with 379 suites (346,238 sq. ft.)
  • 57 townhouses (53,539 sq. ft.)

Deltera's Services Provided:

  • Deltera provided Project Management services to direct the consultant team during the design development stage of the project. Intelligent value engineering influenced the design providing a highly efficient building.
  • Deltera’s track record & reputation eliminated the need for bonding securities which provided significant savings to the Owner.
  • Deltera was able to secure attractive project financing for the benefit of the Owner.

Contract Type:

  • Guaranteed Maximium Price

Project Success

  • 1st occupancy achieved only 14 months after start of construction due to construction efficiencies and superb on-site supervision.
  • Surrounding neighbourhood & community who were initially opposed to the project became advocates upon completion.
  • Deltera has now worked with Options for Homes on other projects since The Shermount and continues to maintain a strong working relationship.

Testimonial

"The key for me about Deltera is their ability to finish on time and on budget. Deltera's attention to detail has made many of our developments to be better then they otherwise would have been. I have always appreciated the fact that Deltera is willing to provide additional services that are over and above a strict wording of their contract because it helps to build the long term business relations that Options For Homes finds so valuable. I have over 25 years of experience working with contractors and I have never found another company that is as good as Deltera at attracting and holding on to competent staff."

Michel Labbé
Options For Homes
(416) 867-1501

Shermount Exterior

Project: The Shermount –
650 Lawrence Ave. W.

Job Type: Affordable Housing

Location: Toronto

Client: Options for Homes

Construction Value: $30 Million


Shermount - Options For homes

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