Macdonald - Company Profile
OUR KEY MANAGEMENT
Robert J. MacdonaldMr. Macdonald is the owner of Macdonald Development Corporation. He is a graduate of the University of British Columbia and holds a degree in Commerce and Business Administration with a major in Urban Land Economics. Mr. Macdonald has extensive legal, financial and practical experience in the real estate field and is responsible for the overall administration and direction of the company.
Mr. Macdonald has a particular interest in public/private partnerships, and has initiated several joint programs with various government bodies. These have generated significant public benefits including:
• The establishment and construction of the new universal access SkyTrain station
at Granville and Dunsmuir Street in downtown Vancouver, in concert with the B.C.
Transit Authority. The development was part of a new 450,000 square foot development
at that site, which Macdonald owns. Savings to the Province of B.C. exceeded $15
million in this joint venture.
• The remediation of the Britannia Mine in Howe Sound, B.C., just north of Vancouver Macdonald Development acquired approximately 10,000 acres of property at the mine, and worked in collaboration with the Province of British Columbia to enable the mine remediation work to proceed. During the process, Macdonald preserved hundreds of houses on the property, which will stand as low-cost housing for existing residents. MDC is also redeveloping the Britannia retail and commercial precinct, working closely with the B.C. Museum of Mining on the project. Macdonald’s donation to the Province for the Britannia Mine remediation exceeded $7 million.
• The Orpheum Theatre expansion in downtown Vancouver. Macdonald Development is working with the City of Vancouver and Wall Financial Corporation to expand the Orpheum Theatre. The project also includes the construction of a new rehearsal and recital hall and a School of Musical Excellence for the benefit of the Vancouver Symphony Orchestra—both part of a new 350,000 square foot development being undertaken next to the Orpheum Theatre, on land which the company has owned for several years. Savings to the City of Vancouver will exceed $15 million, as they will acquire substantial civic assets at no cost to the taxpayer.
• The donation of thousands of acres of environmentally important property to various government bodies and the Nature Trust, in multiple land transactions for parkland and conservation purposes.
• The remediation of the Britannia Mine in Howe Sound, B.C., just north of Vancouver Macdonald Development acquired approximately 10,000 acres of property at the mine, and worked in collaboration with the Province of British Columbia to enable the mine remediation work to proceed. During the process, Macdonald preserved hundreds of houses on the property, which will stand as low-cost housing for existing residents. MDC is also redeveloping the Britannia retail and commercial precinct, working closely with the B.C. Museum of Mining on the project. Macdonald’s donation to the Province for the Britannia Mine remediation exceeded $7 million.
• The Orpheum Theatre expansion in downtown Vancouver. Macdonald Development is working with the City of Vancouver and Wall Financial Corporation to expand the Orpheum Theatre. The project also includes the construction of a new rehearsal and recital hall and a School of Musical Excellence for the benefit of the Vancouver Symphony Orchestra—both part of a new 350,000 square foot development being undertaken next to the Orpheum Theatre, on land which the company has owned for several years. Savings to the City of Vancouver will exceed $15 million, as they will acquire substantial civic assets at no cost to the taxpayer.
• The donation of thousands of acres of environmentally important property to various government bodies and the Nature Trust, in multiple land transactions for parkland and conservation purposes.
Rob Macdonald sits on the Board and the Executive Committee of the Urban Development Institute of B.C., is a director of St. George’s School, is a member of the Real Estate Institute of B.C. and is a member of the Crofton House School Building Committee. Mr. Macdonald is a past director of the Royal Columbian Hospital Foundation and the Justice Institute of B.C. advising on real estate matters. As well, Mr. Macdonald sits on the City of Vancouver Mayor’s Advisory Committee for the 2010 Olympic Games Athlete’s village.
Robert A. Hubbard
Mr. Hubbard is a principal partner of Macdonald Development Corporation through Comcore Holdings (U.S.A.) Inc. His role with the company is in identifying commercial properties for purchase or development in the West Coast of the United States. Mr. Hubbard has over twenty-five years experience in accounting and senior financial positions, twenty-two of those in the real estate industry.
Ronald D. Lanthier
Mr. Lanthier is executive vice president of Macdonald Development Corporation. He is principally responsible for identifying and developing residential communities in British Columbia and Alberta. Prior to his association with Macdonald Development, Mr. Lanthier was the senior vice president for portfolio management for one of the largest real estate investment advisory and management firms in Canada. Mr. Lanthier holds Bachelor of Arts and Master of Business Administration (Finance/Accounting) degrees from Queen’s University.
Robert K. Glass
Mr. Glass is responsible for developing commercial and residential properties for the company in Western Canada. Prior to his association with Macdonald Development Corporation, Mr. Glass was the vice president of finance of the largest development and property management company in Atlantic Canada. Mr. Glass attended Memorial University of Newfoundland, and he has Bachelor of Science and Master of Business Administration degrees.
Timothy C. Wallace
Mr. Wallace is principally responsible for the sourcing of acquisitions in the Southeastern United States and the ongoing property management of the company's eastern U.S. property portfolio. Prior to his association with Macdonald Development Corporation in 1987, Mr. Wallace studied law at Leicester, England. Mr. Wallace holds a Bachelor’s Degree from the University of Waterloo and an Honours Degree in Law from the University of Leicester, England.
Maria S. M. Wong
Ms. Wong is responsible for treasury, financial control, tax, and accounting for Macdonald Development Corporation as well as for its related companies and projects. Since 1988, Ms. Wong has been the vice president, finance of Macdonald Development Corporation. Prior to 1988, Ms. Wong was a manager in Canada’s largest firm of chartered accountants where she was involved extensively in servicing clients in the real estate field for six years. Ms. Wong holds a Bachelor’s degree of Arts in Commerce and Economics from Simon Fraser University and is a member of the Canadian Institute of Chartered Accountants.
Brian N. McGavin
Since 1990, Mr. McGavin has been director, capital markets for Macdonald Development Corporation. Mr. McGavin’s primary responsibilities include the sourcing of equity participation for various Macdonald Development Corporation investments, when required. Mr. McGavin has extensive administrative and securities experience. Mr. McGavin holds Bachelors of Commerce and Law Degrees from the University of British Columbia. Prior to joining the company and since 1987 he held the position of director of marketing for a local real estate firm.