Calgary Region

Baywest Homes

50% Ownership in Partnership with Bordeaux Properties

In September 2015, Section23 announced the acquisition of a 50% equity ownership position in award-winning Calgary homebuilder Baywest Homes. This strategic investment marks an important milestone in our history, complementing our land positions and creating exciting opportunities to explore new markets and partnerships.

Bordeaux Properties retains a 50% equity position in the company. Together, Section23 and Bordeaux will build on Baywest’s exceptional reputation and explore a new strategic direction which may, in the future, include new products and markets.

At a Glance

  • Established in 1985 as a boutique custom builder
  • Specializing in move-up, estate and custom homes
  • Building homes in southeast Calgary, Springbank, Okotoks and inner-city neighbourhoods
  • Winner of the coveted CHBA Customer Choice Award, as well as a five-time finalist for “Builder of the Year”
  • Recipient of over 33 CHBA SAM Award wins, with a further 91 Finalist honours between 1991 and 2016
  • 2017 Finalist for the Customer Insight Home Owner Mark of Excellence (HOME) Award
Family preparing food in kitchen of Baywest Home
Collage: Baywest home interior and exterior
Baywest has long been one of the city’s most respected builders for its outstanding design, integrity and craftsmanship – traits that align perfectly with Section23
Collage: Baywest interiors and exteriors
Key Benefit

Strategic Growth Opportunities

This foray into residential home construction on a larger scale complements Section23’s land holdings and presents a tremendous opportunity to pursue our mission of creating dynamic, inspired built environments that foster a legacy of social connections for all generations. The partnership also provides significant advantages to Baywest Homes through strengthened capital resources, access to new community positions, leveraging the well-established Baywest brand, the company’s strong operations and the talent of its highly experienced team.

Baywest Home living room