Some Changes at ITC Construction

Over the past four decades I have worked with a lot of genuine and authentic people in the development and construction industry. However, as most people who have worked with me are well aware, I have always had a very special relationship with two people in particular....Peter Rezansoff and Tony McGill of ITC Construction (formerly known as Intertech).

I first met Peter and Tony when they worked for Stanzl Construction and I worked at CMHC in 1974. At the time we worked together on a large seniors' housing project in the West End and many of the buildings forming part of the first phase of South Shore False Creek.

In 1981 Peter and Tony joined The Narod Group and we worked together on Mariner Point in False Creek, and a number of projects on Fairview Slopes. We started to work on the Price Waterhouse Centre at Seymour and Hastings, but Narod's Receiver put an end to to that!

In 1983, Intertech was formed and was selected by Richard Henriquez to build his very innovative Sylvia Hotel expansion and Apartment Tower. Shortly thereafter, we started to work together on a long list of projects. These included the Discovery at 1600 Howe Street; 888 Pacific Avenue; all the apartment buildings and hotel renos/expansion at Bayshore; Elm Park Place at West 41st and Larch, and The Cornerstone at UniverCity.

To meet Peter and Tony, you would never believe that together they created one of the largest residential construction companies in Western Canada. They are so very unassuming. (In fact, the only photo I could find on-line is the one above of Peter playing the accordian) People who have worked with ITC often comment that it feels like a family business, and not just because Peter's daughters and Tony's nephew work there. Many of the staff have worked there for decades and the loyalty of the employees was no doubt one of the reasons that the company has been selected as one of the 50 best managed companies in Canada for seven years running.

Yesterday I received a Press Release announcing some changes at the company. Given my longstanding relationship with ITC, I have decided to reprint it below. I want to wish Peter and Tony all the best in their new roles. I also want to wish Doug MacFarlane, the new president all the best, although both he and I know Peter and Tony are not going to fade into the woodwork....if you'll pardon the pun.

NEWS RELEASE

New Leadership for One of Western Canada’s Largest Residential High Rise Builders Vancouver, B.C. – October 12, 2011 –

After nearly three decades in the construction business, the founders of ITC Construction Group, Peter Rezansoff and Tony McGill, are passing the torch to the next generation. Management changes will see current ITC executive vice-president and COO Doug MacFarlane become president and CEO and the founders become directors of the company.

ITC got its start building high-rise condominiums in Vancouver’s West End and has played an integral role in shaping the city into North America’s most livable and lived-in-city. Over the years, it has developed a reputation for being able to execute projects by finding the right solutions. ITC’s ability to deliver projects consistently on budget and on time has made it a valued partner for developers during economic downturns.

ITC is known in the industry as the ‘developer’s builder’. The company has been at the forefront of the move towards more sustainable and compassionate housing. It was one of the first builders to embrace green principles on a major scale, including pioneering the use of geothermal heating and cooling. ITC has also helped build affordable rental housing in Vancouver’s downtown east side.

“Strong ethical leadership, innovative solutions and experience have positioned ITC to move forward with the best management team in the company’s history,” Peter Rezansoff says.

He becomes chairman of the board of directors, which includes co-founder Tony McGill, former Bentall Corporation chairman John D’Eathe and former managing director of Global Enterprises, ATCO Group, Michael Shaw. Summary of new appointments: ·

Doug MacFarlane has been appointed president and CEO. He has been in a leadership role with ITC for the past 15 years and was responsible for the long-term strategy and day-to-day operations. He has a diverse background with experience in residential, commercial and civil construction. Al Stowkowy has been appointed Executive Vice President Alberta Division. The former COO and president of Stuart Olson will lead the company’s Alberta operations from the Calgary office. ·

Brad Burnett has been appointed Director of Business Development, Alberta and BC. Brad has more than 12 years experience in estimating, contract negotiation and cost analysis in both the Vancouver and Calgary construction markets. He is also a Gold Seal Certified Estimator.

Established in 1983, ITC is one of the most recognized multi-residential construction companies in Western Canada. It has been recognized as one of Canada’s 50 best managed companies for seven consecutive years, one of British Columbia’s top 100 companies and one of B.C.’s top three general contractors. In addition, ITC has received numerous awards such as the VRCA Landmark Award for the Woodward’s Project and Contractor Gold Award for Millennium Water in 2010.

The company has expanded into the Calgary market where it is the most active high-rise condominium builder in the city. The company maintains a regional office in the Calgary, where its projects include the Stella, Nova and Luna Towers, as well as Louise Station. ITC is also making inroads into the US Pacific Northwest market.

To learn more about ITC check out http://www.itc-group.com/itc