Skyrise Prefab Building Solutions is the leading Canadian panel manufacturer providing prefabricated StoPanel technology, a highperformance and sustainable envelope panel that is lightweight, continuously-insulated and architecturally-finished. The company was acquired in 2019 by STO SE & Co., a Germanbased global technology leader in the design and production of innovative building materials. In the years since, powered by the strength of STO and the passion of their expert team, Skyrise has grown and evolved considerably, and they have been proud to be part of some of the largest-ever panelized projects in Canada. A few years ago, Skyrise mainly focused on the multi-residential sector, particularly condominium projects ranging from four-to-36 storeys. Standout projects of that time included the B-Line Condos, the Nordic Condos, and The Carvalo on College – the latter of which was featured multiple times in Urban Toronto for its unique StoCast Brick design features. Over the past few years, Skyrise has continued to deliver acclaimed and high-profile projects, but their focus has shifted. A couple years back, they saw a downturn in the condominium market coming and they made a conscious effort to diversify and enter other market segments. They have embraced the rental market – and “the rental market has been a great success for us,” says Royston Rebello, director of business development. “Over the last three years, we’ve focused on the rental segment of the market, which has seen tremendous booms,” Royston explains. “We’ve seen the benefits of that.” MARCH 2025
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