Skip to content

ABOUT

An ever-growing family business

ML DevCo Inc. represents our latest subsidiary within the Magil Laurentian Realty Investments Inc. group of companies. Our family owned business is diversifying to meet the demands of a constantly changing and evolving industry.

ML DevCo Inc. is focused on purpose-built multi-residential developments in Ottawa and Montreal. Historically, Magil Laurentian Realty Investments Inc.’s portfolios have included office, mixed-use and industrial buildings along with hotels and condominiums.

Over the years, Magil Laurentian Realty Investments Inc., has held or developed real estate in Montreal, Toronto, Mississauga, Brampton, Ottawa and Boston, USA. 

Images are conceptual and preliminary only.

our history

1962
Chairman and founder Sol Polachek began his career as an engineer for Montreal based construction company, Magil Construction. Sol continued his career and rose to the role of CEO and majority shareholder.
1988
WELOGA Corporation (now known as Magil Laurentian Realty Investments Inc.) was formed to manage the Polachek family real estate investments.
1990-chip
Following a merger with the Laurentian Financial Group’s real estate assets, Magil Laurentian Realty Management Inc. was founded as the property management arm of the business.
2006
Sol Polachek sold his position at Magil Construction to focus and grow the family real estate investment and development portfolio. Now serving as Chairman of the Board, Sol Polachek maintains an active advisory role in the business.
2019
Entering our second generation, the Magil Laurentian Realty Investments Inc. group of companies including our newly formed ML DevCo is led by Gary Polachek, President and CEO. In keeping with years of tradition, Gary remains committed to developing quality forward thinking projects and seeking long-lasting partnerships with private partners and institutional investors that share our investment philosophy and ideals.

The path less travelled

Our family’s commitment to excellence is built upon the foundations of integrity, continuous improvement, quality, value, progress, humanity and strength.

Since its foundation, our company has worked tirelessly to deliver strong and consistent returns through producing fine residential communities, commercial and industrial developments, as a result of our conservative approach to the market.

Our unwavering goal is to ensure that every resident experience exceeds expectations, and that each resident stay with us for many years.