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Cameron Development Corporation:

Real Estate Development Built on Family Values

By Nerissa McNaughton Cameron Development Corporation has developed over 8 million square feet of commercial property in Edmonton and area, and it all started 35 years ago with a couple who saw an opportunity and took a risk.

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Cameron Development Corporation Management Team.

CAMERON DEVELOPMENT CORPORATION

J

erry (Javaid) Naqvi has always had an ability to see opportunities, so when a kind and generous young woman working at the Army and Navy boutique sold him a shirt, he knew he found something special – and it wasn’t the shirt. The woman, Henrietta, became his wife. The couple would later go on to found Camtina Developments Ltd. and Camrose Developments Ltd. As a close-knit family, the names paid tribute to the couple’s three children, Tina, Cameron and Rosalynn. In the mid-1990s, the companies amalgamated into Cameron Development Corporation.

The story of one of Edmonton’s most successful development corporations started in 1964, when Mr. Naqvi arrived in Canada on an engineering scholarship, but upon graduating, jobs in his field were scarce. The family man started selling homes, and by the mid-70s he became the vice president of development at Allarco Developments Ltd. His mentor at Allarco was Dr. Charles Allard, whose contributions to Edmonton still continue today through the Allard family.

Some shy away when opportunity knocks, but that was never Jerry’s, nor Henrietta’s style. Learning from the best in the industry, along with hard work and a solid education, led to the decision to venture out on his own.

On April 1, 1980, the company opened its doors with Jerry and two other employees as the only staff. Opening, ironically, on April Fool’s day in the ’80s real estate market meant many difficult challenges, but true to form the Naqvis used those challenges as opportunities. By the time the real estate market improved in the early to mid-90s, Cameron Development Corporation was firmly established in Edmonton and well on its way to success.

In 2002, Cameron entered the home building market and built its first home, the Alyssa Ashley (named after a granddaughter), under the Cameron Homes banner.

Some shy away when opportunity knocks, but that was never Jerry’s, nor Henrietta’s style.

Learning from the best in the industry, along with hard work and a solid education, led to the decision to venture out on his own.

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The Carrington Group of Companies pioneered the concept of affordable luxury, surpassing expectations for design and quality.

Our Mission is: “To design, build, and market communities incorporating the newest technology with unsurpassed quality and service at affordable prices to create lasting value for our clients.”

CARRINGTON CORPORATE 4075-106 Street NW Edmonton, Alberta T6J 7H3 T 780.439.5000 | F 780.489.1300 Visit us online at

carrington.ca

CONGRATULATIONS CAMERON DEVELOPMENTS

ON

35 YEARS IN THE INDUSTRY!

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CAMERON DEVELOPMENT CORPORATION

In 2011, the land development division, Cameron Communities Inc. (CCI), was formed, managed by Mr. Laurie Scott.

In 2014, a multi-family division, Cameron Lifestyles, entered the market, managed by Mr. Amit Shah.

Today, Cameron is one of the most active development companies in the Alberta market with over eight million square feet of completed and active projects; is multi-faceted with investments in commercial, retail, land development, home building and multi-family; and with both office and industrial opportunities on the horizon.

Cameron designs, develops owns and manages all of its assets, either for itself or jointly with various partners.

Long-term holding of assets and strategic partnerships have always been the impetus. Some of the Corporation’s many partners include the Allard family, MLC Land Corporation, Grosvenor Group, Harvard Developments Inc., Delcon Development Group Ltd., Maclab Enterprises, Landmark Homes, Daytona Group, Beaverbrook Canadian Real Estate Investment Trust (CREIT), Alberta Investment Management Corporation (AIMco), and the Ontario Pension Board.

“After coming through the major economic downturn of the ’80s, in 1996 Jerry had a vision to take a 320-acre field on the south side of Edmonton and endeavour to turn it into a viable commercial retail development,” explains Tina Naqvi-Rota, president of Cameron Development Corporation. “The initial opportunity to create the development came about when Cameron purchased the subject lands from Canadian Pacific Railway. This coincided with the continued development of new residential communities at Edmonton’s south edge, and the fact that the Calgary Trail commercial corridor at that time was at capacity, with little opportunity for the new wave of commercial development (big box retailers). South Edmonton Common was well situated to meet that ongoing demand. ” With an agreement from Home Depot and Walmart, South Edmonton Common’s first tenants signaled the beginning of the development. “While most thought this to be overly ambitious at the time, today, at over 2.3 million square feet of retail development, we are grateful to say that South Edmonton Common is among the most successful retail power centres in Canada, and one of the largest in North America,” says Tina.

Tina joined the company in 1991 and although none of the children were asked or expected to join the company, son Cameron, executive vice president, Cameron and daughter Rose, vice president, Cameron Homes, also have active roles within the organization; as do sons-in-law, Tony Rota and Darcey Parasynchuk.

“It is interesting to note that our decision to join and continue to be part of the company was not pre-ordained. However, when you grow up in a family business, sometimes it is inevitable that you end up there, whether you intended to or

Chances are, you’ve shopped at, been in or even live in a Cameron developed property.

Some of their most popular shopping centres include: • South Edmonton Common • Currents of Windermere • Manning Town Centre • Hollick Kenyan Shopping Centre • Southbrook Shopping Centre • Albany Market Square • Emerald Hills Urban Village

Cameron Communities residential land development project are: • Cavanagh located for living • Blackstone in Leduc • Manning Village • Keswick on the River

Cameron Homes is now building in the communities of: • Walker Lakes • Hudson Park • Keswick on the River • Manning Village

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CONGRATULATIONS TO CAMERON DEVELOPMENT - A DURABLE DEVELOPER FOR 35 YEARS IN BUSINESS! DURABILITY IS A KEY FACTOR FOR BOTH DEVELOPERS AND BUILDERS...

5 FACTOR

DURABILITY DRIVES VALUE A home is your largest investment. You can live in a durable home for much longer with minimal maintenance costs, and enjoy a home that shows little wear and tear. Millimetre precision (from building with cutting edge technology without harsh outdoor weather or human error) combined with unmatched strength (through spray foam insulation and engineered lumber) is key to a durable home.

Learn about all 7 KEY FACTORS FOR LEADING EDGE HOMES at LandmarkHomes.ca, or by visiting any Landmark Show Home! it’s what’s inside

CAMERON DEVELOPMENT CORPORATION

In over 30 years of business, I believe the company has achieved a reputation in the development industry as being forthright, with a direct approach to its dealings.

not,” smiles Tina, noting that family values are at the core of every decision the company makes. “The thing that makes Cameron what it is, is the family business culture, where a team-based approached encourages everyone to help each other and endeavor to do what is best. We have taken great care to hire a team of individuals that bring experience, business skills and technical expertise to the organization. There is an expectation that everyone maintains a professional, hardworking, committed and honest approach to their dealings – attributes that we as a family expect of ourselves as well.”

Currently, Cameron employs over 60 staff members across its four divisions, and describes its ideal team members as “skilled and capable, autonomous, yet team-oriented, personable, enthusiastic and prideful about and in their work, whether it is in the job description or not, and who appreciate a work culture that is both professional and family-based at the same time.”

Tina says, “Cameron’s corporate standards include a consistent approach of honesty, integrity, respect, hard work and ethical diligence, while endeavoring towards a win-win scenario in its business dealings, where all parties achieve a mutually beneficial outcome. In over 30 years of business, I believe the company has achieved a reputation in the development industry as being forthright, with a direct approach to its dealings. The company is always open to new opportunities, relying on an opportunistic long-term approach when it comes to evaluating potential developments. Throughout the years we have built long-standing relationships with retailers, lending institutions, contractors, consultants and development partners. The company has always relied on out-of-the-box thinking when it comes to opportunities, having learned that one size does not fit all.”

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Congratulations Since 1956

O’Hanlon Paving Ltd. 16511 116 Avenue Edmonton, AB T5M 3V1

780.434.8555

info@ohanlonpaving.com

Congratulations to CAMERON DEVELOPMENT CORPORATION on celebrating 35 Years!

780.420.4040 maclab.com

CONSTRUCTION MANAGEMENT

DESIGN BUILD

GENERAL CONTRACTING

Congratulations

Dawson Wallace Construction has partnered with Cameron Development Corporation on many projects over the last 35 years.

Mutual respect and cooperation has been a key element in the success of these projects.

Cameron Development Corporation

on your 35 year anniversary.

We congratulate Cameron Developments on their 35th Anniversary and wish them continued growth & success.

www.dawsonwallace.com 4611 Eleniak Road, Edmonton, Alberta Telephone: (780) 466-8700 3 5 Y E A R S • C A M E R O N D E V E LO P M E N T C O R P O R AT I O N • PA G E 7

CAMERON DEVELOPMENT CORPORATION

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CAMERON DEVELOPMENT CORPORATION

The success of over 30 years of business is admirable, but also hard work. “The volatility of the economy and how it impacts the business is always a challenge,” confides Tina. “The company has had to be nimble and resourceful in order to not only take advantage of the opportunities, but also manage the challenges.” However, the challenges are more than offset by the feeling the team gets from driving by an active shopping centre or residential neighbourhood and knowing that they helped build that community in which people and families live, shop and work.

Three decades of success comes from learning – both in and out of educational institutions. While the skills you need to do a job can be taught in school, the traits to be a leader in the community or manage the risks and uncertainties of entrepreneurship are learned on the job and in life.

“Entrepreneurship is a mindset of being proactive rather than reactive,” says Tina. “It’s being a risk-taker and opportunistic, but always basing progress on sound judgement, logical due diligence, and of course, a bit of luck. For us, it is also creating a legacy of developing high-standard projects and products which not only stand the test of time, but are representative of a quality approach to business for the community and the City of Edmonton.

The Naqvi family believes in giving back to those in need.

Each family member has a special charitable interest and together, the family and the company support numerous organizations in Edmonton, particularly women, children and families in need. Some of the charities and organizations they have supported and been involved with over the years include: • Autism Society of Edmonton Area • Canadian Mental Health Association • Catholic Social Services • The Glenrose Hospital Foundation • Habitat for Humanity • Lois Hole Hospital for Women • Mazenkowski Alberta Heart Institute • Citadel Theatre • University of Alberta Senate • Canadian Home Builders Association • Hockey Helps the Homeless • McDougall House • Canadian Red Cross • Sorrentino’s Compassion House • Edmonton Food Bank • Stollery Children’s Hospital Foundation

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Congratulations to Cameron Development Corporation on 35 Years of Success 7224 50th Street NW Edmonton, Alberta T6B 2J8 Phone Number: (780) 466-5832 Fax Number: (780) 465-7020 Email Address: info@jatec.ca www.jatec.ca

On behalf of the entire team at Raywalt, we would like to congratulate

Congratulations to Cameron Development Corporation on 35 Years of Success

on 35 years of excellence!

We wish you many more years of success.

Raywalt Construction Co. Ltd. #506, 53016 HWY 60 Acheson, Alberta T7X-5A7 Phone: (780) 962-0030 Email: mainoffice@raywalt.ca

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CAMERON DEVELOPMENT CORPORATION

“Leadership is wholeheartedly supporting the individual growth of personnel from within the company, allowing and encouraging a broadening of experiences, and looking at relationships with retailers, partners, consultants and lenders as a joint relationship where all parties come out a winner.

“When he decided to go out on his own, Jerry knew that he could utilize the learned skills to compliment what is an innate sense of seeing the possibility in opportunity,” says Tina. “With Jerry, there is little sense of ‘why?’ but invariably one of ‘why not?’.”

Saying “why not?” brought the first and second generation into the Cameron Development fold. Saying “why not?” primed their future generations to carry on the legacy. Thirteen grandchildren stand poised to take Cameron into the future, building on the solid foundation laid by their grandparents and parents.

And what a future it is! With plans to continue with the many projects the Corporation has underway, while identifying new opportunities, growing smartly and sustainably, and helping the employee and team members reach their potential through mentoring and training, there is no limit to how far Cameron Development Corporation can grow. Yet, no matter how many successes, how many accolades, and how many trophies the company has collected for their many achievements over the years, they remain humble, low key and thankful.

This year, as the company marks its 35th anniversary, the family points to Jerry for the courage to move far from his homeland to build a life in Edmonton, and to both Jerry and Henrietta for taking the risk together to start Cameron Development Corporation. The company and the family are

Yet, no matter how many successes, how many accolades, and how many trophies the company has collected for their many achievements over the years, they remain humble, low key and thankful.

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Congratulations to Cameron Developments for 35 years of business, from your friends and partners at MLC.

Suite 1000 Bell Tower - 10104 - 103 Avenue | Edmonton, AB T5J 0H8 Ph. 780.420.0044 | Fax. 780.423.0044 | www.mlcland.com

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CAMERON DEVELOPMENT CORPORATION

South Edmonton Common by the Numbers Shopping, entertainment, dining!

The development of South Edmonton Common is a crowning achievement for Cameron.

Here’s what power centre looks like by the numbers.

• South Edmonton Common encompasses 320 acres – including over 2 million sq. ft. of retail space!

• Over 160 service include retail, banking and dining • Several major anchor tenants, including IKEA, Wal-Mart, Lowes, Cineplex and a brand new state-of-the-art Canadian Tire (opening summer 2015) • Strategic location – it’s at one of the highest traffic locations in the city • Trendsetter – many other power centres in North America look to South Edmonton Common as the standard 3 5 Y E A R S • C A M E R O N D E V E LO P M E N T C O R P O R AT I O N • PA G E 1 4

Celebrating 35 years!

Congratulations Cameron Development Corporation

(780) 452-2325 Structural Engineering ▪ Building Science ▪ Structural Restoration ▪ Parking Facility Design

Congratulations to

Wishing you continued success!

www.wittenlaw.com PROVIDING LEGAL COUNSEL TO EDMONTON’S BUSINESS COMMUNITY SINCE 1924

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CAMERON DEVELOPMENT CORPORATION

very grateful to their clients and partners for the trust and belief placed in them for three decades, and they laud their employees for their hard work, commitment and dedication.

“Most of all, we are thankful to God for without his goodwill and guidance we would not be where we are today,” smiles Tina.

Whether powering through South Edmonton Common, browsing the Currents of Windermere, shopping at Manning Town Centre or strolling through Keswick on the River, one can appreciate the history of the Naqvi family and how they, through Cameron Development Corporation, brought Edmonton many of the shopping centres and communities that we know and love.

CAMERON DEVELOPMENT CORPORATION

10180 111 ST NW, EDMONTON, AB 780-424-8008 • WWW.CAMDEVCORP.COM 3 5 Y E A R S • C A M E R O N D E V E LO P M E N T C O R P O R AT I O N • PA G E 1 6

The best success stories are the ones written right here.

Congratulations to Cameron Development Corporation on 35 years in business.

Your contributions towards building our communities exemplifies all that make Western Canada a great place to live, work and play. We look forward to helping you reach even loftier heights in the years to come.

Edmonton Main branch / 12230 Jasper Avenue / T. 780.424.4846 cwbank.com

It is with great pleasure that CREIT congratulates

C AMERON D EVELOPMENT C ORPORATION as they celebrate their 35th anniversary.

Cameron‘s expertise in commercial and residential development has led them to become one of Edmonton’s most successful real estate companies.

CREIT is proud to have them as a business partner.

CREIT (Canadian Real Estate Investment Trust) is a publicly traded real estate investment trust listed on the Toronto Stock Exchange (TSX) under the symbol REF.UN. CREIT’s primary business objective is to carefully accumulate and aggressively manage a portfolio of high-quality real estate assets and to deliver the benefits of real estate ownership to our investors. www.creit.ca info@creit.ca

Celebrating a strong Past Working in the Present Building for the Future

Congratulations to Cameron Development Corporation on their 35th Anniversary!

To your extended family at Cameron ~ From your friends at Shamrock Valley.

Edmonton and Elk Point, Alberta • Ph: 780.478.3100 • Fax: 780.478.3102 • www.shamrockvalley.ca

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Congratulations Cameron Development Corporation on 35 years in the industry.

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Edmonton Suite 1401 TD Tower 10088-102 Avenue Edmonton, AB T5J 2Z1 Tel: 780 424 1424

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We wish you many years of continued success!