Wilson named president at Alterra
By Adam FreillCommercial Construction Residential
COO moves to president’s role at Ontario-based integrated developer and builder as firm plans its future in multi-residential segment.
Stuart Wilson has been named president at Alterra Group of Companies, an integrated developer and builder in Toronto and throughout Ontario. The move, says the company, is part of its ongoing commitment to strengthening its leadership team and building on its legacy of integrity, quality and design excellence of its communities.
Wilson, who most recently served as Alterra’s chief operating officer, brings a wealth of expertise to his new role. Not only has he played a pivotal role in the company’s growth and success, but prior to joining Alterra, Wilson and Robert Cooper, Alterra’s CEO, worked together for many years, further solidifying their professional partnership.
“I am honored to assume the role of president at Alterra,” said Wilson. “I look forward to building upon the solid foundation laid by Robert Cooper and working closely with our talented team. Together, we will continue to focus on delivering well-designed and integrity-driven multi-residential projects that contribute positively to the communities we serve.”
Expressing his enthusiasm for the new appointment, Cooper, the company’s ongoing CEO, stated, “I am delighted to welcome Stuart Wilson as Alterra’s new president. His proven leadership skills, extensive development knowledge and fresh perspective will be instrumental in driving Alterra’s continued growth and success.
With a major focus on Alterra’s future, Wilson’s appointment and succession is a strategic move with a long-term transition. Cooper remains deeply entrenched in the progression of Alterra, supporting Wilson in his role and the property acquisition team of which Cooper is very involved. Cooper is set to remain CEO of Alterra for the foreseeable future.
Alterra has a rich history in the development industry. The company has experience in master-planned communities, the multi-residential sector and high-rise condominiums, as well as in the conversion of office buildings into residential units. The company also built Ace Hotel Toronto, a property it co-owns, marking its first foray into hospitality.
Reflecting on Alterra’s achievements, Wilson added, “Our portfolio is now robust enough to highlight our legacy and showcase how we are positively transforming the City of Toronto. As we are officially in our 50th year, we are well positioned to be an integral part of the city’s development and community fabric for the next 50 years.”