The Construction Source

“With every development, we not only measure the benefit to investors, but the benefit to community and residents of our projects,” says Ryan Tamblyn, founder and CEO. “Using cost-effective construction techniques and durable, quality building materials, every Millennial Development project is built to last, to enhance the local area, and foster pride of ownership for British Columbia homeowners.” Ryan was born and raised in the Okanagan, within the Kelowna area, and he has been involved in the local construction industry for over 20 years. He started off as a carpenter before going back to school for project management and data analytics. After returning to the workforce, he served in management positions with several other developers before eventually striking out on his own and founding Millennial Developments in 2016. “I started Millennial Developments specifically with the goal of modernizing real estate development by utilizing data analytics to inform decision making,” he recalls. “I really saw a gap in the market. I saw an opportunity to outperform the market by combining my skillsets in both construction management and data analytics.” Using those dual skillsets, Ryan believed he could optimally determine what neighborhoods to develop in and what the best housing type and unit mix was for that neighborhood. That founding belief has been proven correct. Over the past six years, Ryan says the company has done “exceedingly well” across four different projects. The company’s first project was FEBRUARY 2023