Samcon - page 7

JULY 2014
H
business elite canada
7
APCHQ in 1994 — Samcon’s first honours.
“The first five years of Samcon’s existence,
we built about 60 apartments, in the second
five years, we built about 1,000” said Scalia.
But, as the company’s reputation grew and
more demand for condos increased in the late
1990s, Samcon began their venture into con-
dominium development. That became a launch
pad for the company. In the late 1990s and into
the 2000s, Scalia says, Samcon produced an av-
erage between 350 to 400 units a year. In 1999,
Samcon built 230 units.
Since its inception, Samcon’s focus was
working primarily in low-rise projects. But, as
the new millennium arrived, and the costs for
building low-rise housing were rising, Samcon
maneuvered into the high-rise condominium
market. “Our products have changed,” says
Scalia, “they have become more expensive
so even if we’re not doing more units they’re
more expensive because we’ve started to get
more and more into high-rises.”
In 2001, the company broke ground on their
first high rise project in the Montreal land-
scape, Le Laurier du Plateau, an eight-storey
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