TORONTO, JULY 3, 2019 – ADI Development Group’s Chief Executive Officer Tariq Adi and Chief Operating Officer Saud Adi have been selected in this year’s Canada’s Top 40 Under 40® award for young business leaders.
Tariq Adi oversees the company’s strategic activities from negotiating complex land acquisitions and assemblies to planning approvals, sales and marketing, debt syndication, private equity placement and project close out. The company has grown from a $10 million joint venture to currently over $2.1 billion in development in under seven years. His daily management activities involve business development, lender and investor liaison and corporate strategy.
“This recognition is significant and we share this with our incredible team and are thankful for their support. Our mission to deliver world class service and the highest quality communities to our customers fuels our passion”, said Tariq Adi.
As COO, Saud Adi is actively involved in key operations with specialized focus in construction, engineering and operational strategy including establishing an in-house construction team and shortening construction cycles. He oversees the construction process including building science and design, value engineering, bid procurement, construction logistics, site engineering, and general construction management.
Added Saud Adi, “In an industry with high-barriers to entry we have succeeded by focusing on our customers and constantly challenging ourselves to deliver better products for them.”
Annually, Canada’s Top 40 Under 40® recognizes the exceptional achievements of outstanding young Canadians. The listing was founded in 1995 by Caldwell, which is joined by Presenting Partner MNP, with media partners including National Post and BNN Bloomberg. Numerous other sponsors support the program to celebrate entrepreneurship and be a catalyst for Canada’s future leaders.
Guided by Tariq and Saud Adi, the company has become one of the most successful and well-respected real estate developers in Ontario.
ABOUT ADI DEVELOPMENT GROUP
With developments in the Greater Toronto Area, Burlington, ON-based ADI Development Group was established in 2007 by brothers Tariq Adi and Saud Adi. Today, the ADI team shares a passion for superior architecture and design; delivering convenience, value and world-class customer service to its buyers, and specializes in real estate investment, planning, design, building and management.
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