Brief History
Begun by Stephen Ross and Doug Churchill in 1990, Devonian Properties has had a very successful history. We have been able to grow by leaps and bounds due to our small but efficient operating model, which has allowed the company to act quickly on opportunities as they arise. Stephen Ross, who is still the president of the company, says that this lack of “analysis paralysis” is one of Devonian’s key strengths.
Beginning with duplex condominiums and single-family custom homes, Devonian expanded gradually into larger townhouse condo developments, and commercial/office buildings.
Devonian has enjoyed considerable success in the oil boom town of Fort McMurray, where our residential developments have been warmly received. Our current project, Longboat Landing, is a 65-acre master-planned medium-density community valued at almost a billion dollars.
Most recently, we launched Springbank Creek, a 600-acre planned community of single-family homes set on one-acre lots in the rolling hills outside Calgary.
A developer with integrity
Three key indicators influence the daily decision-making at Devonian, and guide our broad picture as well. These three goals are:
1. Finance – Creating sound financial investment opportunities for customers and investors, along with financial growth and increased profits for the company.
2. Integrity – Building and maintaining a reputation as a trustworthy and preferred business partner among peers, government agencies, and customers.
3. Humanitarianism – Considering people and the environment in all business practices.
Devonian's Mission Statement: To be recognized as an exemplary model in the real estate development industry, creating financial success for our organization, clients and customers, and offering opportunities for sound investment and improved quality of life.
