The Construction Source

Parsi Development is a family-owned-andoperated development firm based in Victoria, British Columbia. Since forming in 2005, they have built a reputation as a dynamic and forwardthinking company, and they have developed an impressive track record of exceptionally crafted and uniquely designed residential and commercial spaces. Moving forward, their record is poised to be even more impressive, as they have a series of exciting projects in development not just in the Greater Victoria Area, but also in the flourishing Saint John market in New Brunswick. The visionary leaders of Parsi Development are the husband-and-wife team of Moji Shahab and Noushin Ashtiani – an experienced developer and a trained intern architect respectively. According to Faaris Kathrada, the company’s CFO and development manager, Moji and Noushin’s “combined commitment to visionary design and innovative building techniques has been evident in every project they undertake.” “Parsi Development’s endeavours are not only guided by a strong moral compass but are also deeply rooted in enduring family values,” Faaris says. “Those values serve as the driving force behind our impactful contributions to the industry.” In 2000, Moji immigrated to Canada from Iran, where he ran manufacturing and industrial tool and die making companies and built commercial buildings. Noushin, meanwhile, has over 20 years of design experience and has worked at several architectural and design firms throughout Canada. Together, they formed Parsi Development in 2003 with the vision of “building communities” in their new country. “They wanted to somehow give back and better the place they had moved to,” Faaris recalls. “To APRIL 2024

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