Connected Development
We bring planning, financing, design, approvals and construction together so important decisions are considered as part of one coordinated process.
Turnkey Multi-Family Development
Multi-family development. Built from the ground up.
Optima develops, builds and owns purpose-built residential communities in Calgary while providing a turnkey path for landowners and partners who want to turn development land into a completed multi-family asset.
800,000+sq ft of residential development experience
90,000sq ft of residential construction completed in 2025
$27M+residential construction value completed in 2025
35sites completed and underway across Calgary
Two Ways to Work With Optima
We build multi-family communities for ourselves and for others.
Our focus is intentionally narrow. We develop and construct purpose-built residential projects in Calgary, both for our own portfolio and as a turnkey development partner for others.
Landowners & Partners
Develop With Optima
Have land or a multi-family opportunity? We can help evaluate the site, structure the project, coordinate financing, manage design and approvals, and deliver the completed building.
Explore turnkey development →
Residents
Rent With Optima
Explore purpose-built residential communities developed and owned with a long-term focus on quality, durability and resident experience.
Explore rental opportunities →
A Financing Opportunity Many Landowners Don't Know About
CMHC financing can materially change the economics of a multi-family project.
Under CMHC's MLI Select program, qualifying new multi-family construction can access financing of up to 95% of eligible project costs, while projects achieving the required MLI Select score may be considered for amortization periods of up to 50 years.
Optima has an established track record with CMHC-insured multi-family financing and brings the development, construction, budgeting and lender coordination experience needed to help a project move from land to a financeable, buildable plan.
Understand the CMHC PathwayFinancing is subject to project eligibility, MLI Select scoring, lender underwriting and CMHC approval. Program terms can change. Read Optima’s MLI Select guide.
Up to 95%loan-to-cost for qualifying MLI Select new construction
Up to 50 yearsamortization for qualifying projects with the required MLI Select score
Established CMHC ExperienceFinancing knowledge integrated with development and construction delivery.
The Perspective of an Owner and BuilderOur Development Approach
We understand the finished asset because we live with the decisions.
Optima approaches development as both the builder and the long term owner. That perspective influences planning, budgeting, design, materials, construction quality and operating decisions from the outset.
Purpose-built multi-family development and construction
Feasibility, budgeting and project financing experience
Established consultant, trade and subcontractor relationships
Construction cost and schedule management
Experience owning and operating completed assets
Built in Calgary
A portfolio that shows the depth of the platform.
The completed work matters. Our portfolio includes a broad range of purpose-built multi-family projects across Calgary.
Turnkey Project Delivery
One connected process from first look to completed building.
The value of a turnkey platform is fewer handoffs, connected decisions and accountability as a project moves from opportunity through financing and construction.
01
Evaluate
Site potential, concept, density, feasibility and project economics.
02
Structure
Design, budgeting, financing strategy, approvals and development plan.
03
Build
Procurement, construction execution, cost controls and scheduling.
04
Deliver
Completion, turnover, lease-up readiness and transition to operations.
About Optima
Built with an owner's perspective.
Optima Developments is a Calgary-based multi-family development company that develops, builds, owns and oversees purpose-built rental communities.
Our experience as both a developer and long-term owner influences every decision we make. We consider not only how a project will be designed and constructed, but also how it will perform, operate and serve its residents over time.
That perspective allows us to approach development practically, balancing design, construction, financing, operating efficiency and long-term durability from the beginning.
Commercial Discipline
Development decisions must make sense beyond appearance. We consider cost, efficiency, durability and long-term value throughout the project.
Long-Term Thinking
Our ownership experience keeps the finished asset, operating performance and resident experience in view from the outset.
Leadership
Jeremy Paylor
Original Co-Founder
Michael Shimoon
Managing Partner
Own Development Land?
You may have more development potential and more financing options than you realize.
Tell us about the property and what you're trying to achieve. We can start by evaluating whether a multi-family project is worth pursuing.