DiamondCorp is dedicated to creating ground-breaking, award-winning residential, mixed-use, and master-planned complexes. Inspired by their tradition and dedicated to the growth of the Greater Toronto Area, DiamondCorp has made investments in 24 development projects in the Greater Toronto Area since its inception in 2008, amounting to over 21 million square feet of development density. Their remarkable reputation for planning and development is a result of their skill in obtaining municipal permission for challenging locations that result in exceptional communities.
DiamondCorp has an unmatched capacity to develop projects that are blended into existing neighbourhoods while accomplishing ambitious city-building goals through working with local council members, city staff, and community organizations. The five Whitecastle New Urban Funds, totalling about $930 million in the capital, are managed by DiamondCorp. This is a builder who values collaboration. Building on Legacy is their catchphrase as they strive to carry on Eph Diamond’s legacy as the original founder of Whitecastle. Stephen Diamond, Eph’s son and the current President and CEO of DiamondCorp, is in charge of the company. Stephen, a lawyer by profession, established this development company to enable him to engage in negotiations without having to follow the lead of third parties. His goal was to approach negotiations in a way that would help him build strong bonds with city council members, municipal planners, ratepayers, and the general public. Rezoning land for more suitable uses and densities is a key component of Stephen’s and his company’s progressive approach to city planning.
Stephen and his team are enthusiastic about the future after watching Toronto’s development change over the past 10 to 15 years. He makes an effort to foresee the future development and appearance of the city with each project he undertakes. In this sense, he carries on his father’s legacy of being a visionary and skilled negotiator. This developer will keep influencing neighbourhoods and the character of Toronto real estate. They will jointly decide the future course of the GTA as they cooperate with the city and its inhabitants. Source: DaimondCorp
