Lanterra Developments celebrates 25 years transforming the Toronto skyline with 25 iconic projects
July 10, 2024
Toronto’s skyline is a canvas of architectural splendor, a testament to the visionaries who have shaped its growth and evolution. Among these visionaries, Lanterra Developments stands out, celebrating 25 years of transforming urban landscapes with an impressive portfolio of iconic projects. Founded by Mark Mandelbaum and Barry Fenton, Lanterra Developments has become synonymous with innovative design, sustainable living and community revitalization, leaving an indelible mark on Toronto’s real estate landscape.
A partnership rooted in integrity
Lanterra Developments’ story began in 1998 with a simple handshake between Mandelbaum and Fenton. One of their first projects, the acclaimed One Bedford residences, set the stage for a series of transformative developments. “The very first time Barry and I met in person, we became partners,” recalls Mandelbaum. “Before he left the office, we did a financial deal on the Bloor and Bedford property and shook hands – true story.”
This initial partnership, marked by mutual respect and a shared vision, has endured for a quarter-century. Despite their different approaches to business – Mandelbaum focusing on architectural design and marketing, and Fenton on land acquisition and construction – they share a bond of integrity and a passion for urban development. “In our 25 years together, we’ve had only one squabble,” Fenton quips. “And that was about food.”
Transformative projects and iconic developments
Since its inception with the renowned One Bedford project in 1999, Lanterra Developments has delivered more than 16,000 units across 25 major projects, including captivating multiphase endeavors. Each project reflects their commitment to excellence, from the classical elegance of The Britt to the contemporary chic of Rodeo Drive. Their portfolio includes 41 landmark buildings, each offering a unique blend of design, functionality and environmental sustainability.
Among their marquee developments are Maple Leaf Square, which spurred the growth of the South Core neighborhood, and the ICE Condominiums, whose twin towers dominate the southern city skyline. 50 Scollard in Yorkville, with architecture by Foster + Partners and interiors by Studio Munge, epitomizes Lanterra’s dedication to creating stylish, livable spaces in landmark locations.
A vision for the future
Lanterra Developments is at the forefront of urban revitalization, championing sustainable Green living and cutting-edge environmental technologies. Their projects are more than just buildings; they are vibrant communities that enhance the quality of life for residents and contribute to Toronto’s global reputation as a city of the future. From the charm of 31 Parliament to the style of Teahouse, each development is infused with a distinct perspective and a commitment to excellence.
Looking ahead, Lanterra continues to push boundaries with current projects on the go, such as Natasha The Residences, Glenhill Condominiums, and Notting Hill. With more than 100 dedicated employees, many team members have been with the company for decades – since its early years. Lanterra is not just a company but a family united by a shared vision.
Legacy and impact
As Lanterra Developments celebrates its 25th anniversary, it reflects on a legacy of innovation, integrity and community impact. From their humble beginnings to building one of Toronto’s most prominent developers, Mandelbaum and Fenton have stayed true to their commitment to excellence and transformative urban development.
Their journey is a testament to the power of partnership, vision and dedication. With many more projects on the horizon, Lanterra Developments is poised to continue shaping Toronto’s skyline and building enriching communities for years to come.
For more information about Lanterra Developments and its projects, visit lanterradevelopments.com.