the location. Geographically, they are focused on Southern Ontario, with most of the company’s work taking place within a three-hour radius of Downtown Toronto. Recently, for example, they broke ground on an eight-storey, 172-unit residential apartment in building in Kitchener, where they are prefabricating all the structural and facade panels in order to reduce their time on site. The partners on that project include Pinemount Developments and Cranson Capital. When it comes to clients, Nauman believes what sets Verdicon apart as a builder is their development experience, which gives them the ability to add value to projects in a way that other builders simply cannot. “Right now, I would say there’s a gap in the industry between developers and construction managers,” he explains. “Typically, construction managers don’t necessarily understand the development process, so they can’t provide much design assistance. We do understand. We understand the entirety of the development process. We know all the nuances involved – everything from the financing, to the equity requirements, to dealing with municipalities, all that fun stuff that is part of ensuring a building is site plan approved and building permits are achieved.” “We understand all that because we’ve been a part of that process,” he continues. “That means as a CM, we can provide a lot of value right from the very beginning of the process. We can provide a lot of constructive and positive feedback on the design elements, the constructability, and how much it’s all going to cost at the end of the day.” Not only does Verdicon’s direct team have a DECEMBER 2025
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