In March of 2017, Cranson Capital raised and invested $20 million for the Plaza Land Fund (“The Fund”), a portfolio of future development sites in urban areas of Toronto managed by Plaza Partners. The funds were raised from over 200 accredited investors to acquire 3 income producing properties: an office building at Don Mills and Eglinton (next to the future LRT station), a commercial building at Queen’s Quay and Parliament (part of the Waterfront Toronto Revitalization Plan) and a small residential building on St. Clair, west of Avenue Road (Forest Hill).

Since the initial investment, the property at 307 Lakeshore has completed pre-application planning with the City and Waterfront Toronto, on target to submit a development application in April 2022. In 2020, the site at 15 Gervais Street submitted a request through the City of Toronto to amend the land use from Employment Area to Mixed-Use, which continues to progress towards the goal of redevelopment.

*195 St. Clair West was sold as part of an assembly with the 5 neighbouring properties for redevelopment in December of 2019. Total return from the property sale was 114%, translating to a 28% return for investors.