Business View Magazine - Feb 2024

journey of expansion and innovation, evolving from its local Canadian roots to a significant presence in the United States, shaping communities and cities. The 1970s, 1980s, and 1990s marked further growth, with acquisitions expanding its reach across North America, and in 1999, a management buyout led to the formation of GDC Communities in the U.S., overseeing Canadian and U.S. operations and cementing Genstar’s position as a leader in master- planned community development. Today,Genstar is a prominent player in the community development landscape, with operations spanning Calgary,Winnipeg, Edmonton, California, and Atlanta. The company’s activities are overseen from its San Diego, California corporate office, and it has a diverse portfolio encompassing over 70 projects and the potential for more than 20,000 future residential units. LEGACY COMMUNITIES Genstar’s success is rooted in a resident-centric philosophy, acknowledging a home as more than 43 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 02 GENSTAR DEVELOPMENTS