From the initial construction of a single house in 1934, Tridel has grown into a fully integrated group of companies offering a wide variety of real estate services from land acquisition to construction to property management. In addition to being a leader in the North American high-rise condominium market, Tridel is also an international distributor of construction technologies through its affiliate, Aluma Systems Corporation. With its head office located at 4800 Dufferin Street in Toronto, Tridel manages its domestic and international business via satellite linked, real time computer systems.

During its over fifty years of operation, Tridel has produced more than 50,000 residential units and developed thousands of productivity-enhancing product items which it distributes through its Construction Technology Division. This group of companies is a strong and stable force in the Ontario economy, producing annual operating revenues of over 750 million dollars. Over the past five years, it has expanded to an asset base of one billion dollars. Through its two main divisions, the Real Estate Division and the Construction Technology Division, the Tridel group of companies directly employs over 1,000 people and generates a further 10,000 jobs in Ontario. It employs an additional 1,500 people in Canada, the United States and internationally.

The Tridel group of companies was originally founded by Jack DelZotto, a stone mason from Northern Italy who came to Canada in 1927. After a few winters in northern Ontario, Jack began building single family homes in Toronto in 1934. The housing boom which followed the Second World War allowed him to expand his company by using the profits from the sales of a small number of houses to finance the building of increasingly larger projects. By the 1950s the company, headed by Jack’s three sons, had turned to the development of subdivisions and small apartment buildings. In 1961, the company built its first apartment complex which featured twin towers with 260 units each and a recreational centre including a swimming pool, fountains and fully landscaped grounds. This complex was the forerunner of the luxury condominium lifestyle which has become the Tridel hallmark.

Since that time, the original company has grown into a thriving group of companies. Not satisfied to see condominiums simply as purchased rental apartments, Tridel conducted intensive research into consumer expectations in living accommodation and provided well-built buildings which catered to the emerging urban lifestyle. Because of its experience in construction and its proactive planning, Tridel quickly became the industry leader in condominium development.
 

Tridel’s Real Estate Division is able to take its projects through all stages of construction,  from land acquisition to property management. Aluma Systems specializes in the marketing and development of aluminum concrete formwork.

The Real Estate Division of Tridel is able to take its projects through all the various stages of construction: land acquisition, zoning, design, marketing, construction and property management. With the assistance of the construction technology and research that Aluma Systems provides, Tridel is able to continually enhance and better its quality of construction.

In 1972 Aluma Systems Corporation, formed through a joint venture between Tridel and Alcan, became an integral part of the growing Tridel group of companies. Specializing in the design, marketing and development of aluminum concrete formwork and shoring systems, Aluma Systems has long been a pioneer in its field. With over 240 distribution points worldwide, Aluma Systems sells and leases its technology in areas such as Canada, the United States, Europe, South America, Japan, Southeast Asia and the Middle East. It is a primary supplier to the concrete construction, renovation and maintenance industries in North America.

From its inception, Tridel has set high standards for its products, its services and its people, high standards which it continually strives to exceed. It has been able to continue this tradition through careful planning and management. By examining and researching the cyclical nature of its markets, Tridel anticipates and prepares for downturns and uses slow periods to create new programs and initiate new ideas.

Tridel has a long and proud history of ever-improving concepts, designs and quality. The Tridel group of companies builds on its exceptional past to constantly construct a better future. Tridel will continue to be a pioneer in the construction industry through its Real Estate Division and its Construction Technology Division. Tridel is not satisfied simply to meet the demands of this decade: it seeks to anticipate them and set the pace of expectations. Through judicious diversification, proactive planning, strong management and risk-averse financing Tridel will continue to be a leading force in the real estate and construction industries well into the next century.