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Section23 Developments specializes in residential design, land development, and housing across the Calgary region. It creates diverse communities and homes, including via its subsidiary Baywest Homes, and offers property management. Its strength lies in thoughtfully designed environments fostering genuine connections between people and their surroundings, emphasizing quality and community integration.
The company’s origins stem from the Ollerenshaw family's century-long land stewardship in Alberta. Fred and Marjorie Ollerenshaw expanded family holdings, inspiring the Section23 name. This ancestral dedication to land respect and community became the foundational insight. Section23 Developments formally established operations three decades ago, evolving this legacy into a diversified collective.
Section23 Developments serves individuals and families seeking quality homes and vibrant community living within planned environments. The firm delivers inspired residences and master-planned communities, encouraging social interaction and design excellence. Its long-term vision centers on cultivating lasting legacies of social connections for future generations, rooted in its founding principles.
Section 23 has 1 tracked investment across 1 company. The latest tracked deal is $10.0M Series B in Teckro in August 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2017 | Teckro | $10.0M Series B | Sands Capital | Bold Capital Partners, Northpond Ventures, Section 32, Founders Fund |