Winners: Sixth Annual Development Challenge

Congratulations to all three Finalist Teams, and the Winning Teams, announced September 26th, are ...

FIRST PLACE TEAM: Tim Zhu, HH Angus; Chong Zhai, BlackRock; Jimmy Wong, 20 Vic Management; Stefano Possamai, HH Angus; Dhruv Soni, HH Angus and Nikhil Dewan, HH Angus

SECOND PLACE TEAM: from the University of Waterloo: Timour Petrov, Nicholas Achkarian, Kevin McKrow, Martin Espina, Ivan Zeng and Jonathan Ackerley


NAIOP Greater Toronto believes this annual Development Challenge promotes and encourages its overall mission established by and for the members. The competition allows those in the Developing Leaders group to demonstrate their talents and skills to senior industry members through written and live oral presentations. By expanding Developing Leaders’ skill sets and networks we are empowering our future leaders today. 

During the summer, professionals 35 years of age or under from all industry disciplines, as well as GTA-based university students, formed small diverse teams to create development proposals for a waterfront site in Toronto (see below). Mimicking a real life experience, the teams worked with the constraints of the actual site.

On Awards Night, September 26th, at Arcadian Loft in Toronto, live presentations were made by three finalist teams. Earlier in the summer, in a preliminary judging round, the finalists had been selected by experienced industry practitioners from among 18 teams that submitted development proposals. The Awards Night panel of judges then selected the first place team based on objective criteria provided in July at the outset of the competition, plus the depth and quality of its live presentation.