32 units of 65 units were completed occupied. All units up to phase 3 were completed.
Modular buildings. To minimize construction waste, shorten construction period and ensure quality control, the modular construction is planned to replace construction of future projects.
The phase 1 and a portion of phase 2 of the 65 units townhome construction was complete.
The site servicing work for 65 units townhouse construction was substantially completed. The presell of first two phases were successful.
The construction during the covid-19 pandemic posed significant challenges in construction cost control and completing the buildings in a timely manner.
65 unit townhome site servicing construction is under construction in Harrison Highlands. www.harrisonridge.ca.
In January, Newgen Holdings formed a new company called Infiniterra Solutions Inc. jointly with Mid Valley Manufacturing Inc. During the year, Infiniterra successfully completed supply and installation of bio solids compost processing equipment system to Comox Valley Regional District.
In October, Newgen bought a parcel to do a fourplex development in Coquitlam.
In March, Newgen Real Estate Development Inc. (NRED) successfully finished the development of Bio-solids Compost Facility in Town of Ladysmith, BC.
In January, NRED submitted a development permit (DP) for a development project of 4 storey mixed use apartment building in Port Coquitlam, BC.
In August, Newgen Real Estate Development Inc. (NRED) became a general partner and project manager for a 65 unit townhouse project in Kent, BC.
In July, Newgen Real Estate Development Inc.(NRED) received Development Permit for a 21 storey high-rise mixed use development project “Mont Bleu”.
In December, NRED sold the high-rise condo development project “Mont Bleu” to a third party developer.
NRED made a project management contract with Mid Valley Manufacturing Inc. for a development of Biosolids Compost Facility.
In January, Newgen Real Estate Development Inc. submitted Development Permit to the city of Coquitlam for a development of Mont Bleu high-rise mixed use development at 218 Blue Mountain Street and 837 Lougheed Highway.
Newgen Harrison Development Inc. restructured its debt for Harrison Highlands project.
Newgen Coquitlam LImited Partnership made an offer to acquire 218 Blue Mountain, Coquitlam, BC, a commercial property. The property acquisition completed in January, 2015.
Newgen Halifax Limited Partnership sold its mixed used building on Barrington Street, Downtown Halifax. Newgen is refocusing its future projects in BC.
Newgen Real Estate Development Inc. is appointed as the project manager for 837 Lougheed Project. (www.837Lougheed.com) 837 Lougheed is 41 stratified commercial project in Coquitlam, BC. The construction is scheduled to start in May, 2012.
Newgen purchased 837 Lougheed Hwy, Coquitlam for developing a mixed-use concrete high-rise project in historic Maillardville neighbourhood.
Newgen also broke ground at Ridge Resort, part of the Harrison Highlands community, with completion scheduled for summer of 2012.
Newgen donated a 1-bedroom condominium at Ridge Resort, valued at $179,900, to the BC Children’s Hospital.
Newgen was also the sole financial sponsor for The 7th General Meeting of the International Parliamentarians' Coalition for North Korean Refugees and Human Rights held in Ottawa.
Soon Kim, our CEO, was nominated for Entrepreneur Of The Year. The Ernst & Young Entrepreneur Of The Year ® Awards honour outstanding Canadians who have turned their unique business vision into successful reality. Presented in over 50 countries, and now in its 17th year in Canada, Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs.
Construction was completed for the 180-unit d’Corize high-rise development in Surrey, BC, with the occupancy permit being issued on July 23rd.
Newgen Real Estate Development successfully subdivided 71 single-family lots in Castlegar, BC. as the first phase of the 118-lot subdivision.
Occupancy was also granted for the South building of the Newgen Professional Centre on McCallum Road in Abbotsford, BC, complete with geothermal heating and cooling.
Occupany was granted for the 61-unit woodframe development, Tempo, in Abbotsford, BC.
A $33 million financing was secured through Canadian Western Bank and the Royal Bank of Canada for the construction of the 22-storey d’Cor high-rise development.
Newgen also signed a long-term lease agreement with a Federal Government Agency for 20,000 sf in the new Newgen Professional Centre in Abbotsford, BC.
Occupancy was granted for the first building in the d’Cor project, a 72-unit building with fitness centre and games room.
Newgen Real Estate Development Inc. signed a memorandum of understanding with Daeju Construction Corporation of South Korea to jointly develop a 180-unit, 22-storey high rise in the Central City area, with construction to start in the spring of 2007 and completed by the summer of 2009. Daeju Construction is a part of a major group of corporations that ranks in top 50 in South Korea.
Newgen Management Inc. has successfully facilitated acquisition of Days Inn Sydney, Nova Scotia.
Construction commenced on the d’Cor development in Surrey, BC.
A purchase agreement was reached for a tract of land in Abbotsford, BC to develop a mixed-use commercial and residential complex.
The first release of the 107-unit resort development at Harrison Highlands was presold, with a second release scheduled for later in the year.
Newgen Whalley Properties Inc. acquired a property in North Whalley to develop three apartment complexes. The first phase construction is expected to start in mid 2004.
Newgen Real Estate Development Inc. started Newgen Harrison Highlands, 400 unit master planned community in District of Kent on 90 acre property
Newgen Entertainment inc. acquired a theatre in Vancouver downtown.
Newgen Management Inc. set up an online, income tax consulting services www.saveincometax.com
Newgen Management Inc. became a major shareholder of Wrap Zone Franchise.
Newgen Group started its first operation, Newgen Management Inc. registered in British Columbia, Canada