In the past five years Classic Construction Ltd. has gone from a new builder on the home scene in Medicine Hat, to one of Canada’s leading high volume homebuilders.

Committed to their communities and the new homeowners they serve, they build and develop high quality, affordable housing and create communities people feel confident they will qualify to call their own.

Initially their approach was centred on creating unique, efficient designs to reduce building costs and arrive at a lower-priced product, but after receiving an overwhelming positive response from consumers they realized just how great the demand for entry-level homes was and set out to develop more innovative ways to make home ownership attainable.

In partnership with the Canadian Mortgage and Housing Corporation, they created solutions for those who might otherwise not have an opportunity to own their own home, and to date have helped countless people obtain home ownership, many of which are a part of their affordable housing program.

This success in the affordable housing market led to rapid growth, which resulted in their being ranked in 2007 as the 8th Fastest Growing Company under $20 Million, by Alberta Venture Magazine’s list of The Fast 50.

The highest ranked Construction Company ever to make it onto the magazine’s 10th Annual list, they are the only company from Medicine Hat and indeed Southern Alberta to make the list which Venture looks upon as a glimpse into Alberta’s economic future. It is an achievement the company recognizes as a major milestone in the company’s growth and development.

In 2007 they were also awarded the 2007 REACHH Award, standing for Recognizing Excellent Achievement and Creativity in Housing and Homelessness, awarded by the Medicine Hat Housing Authority as a way to recognize the contribution they have made to affordable housing. They also received the 2007 Medicine Hat and District Chamber of Commerce Marketing Award sponsored by the Medicine Hat News, for their innovative and educational marketing initiatives.

The company has continued it’s unprecedented growth throughout 2008 and has once again ranked on Alberta Venture Magazine’s 2008 Fast 50 list, this time as the 10th Fastest Growing Company in the over $20 Million category.

Recently the company was listed on Profit 100 Magazine’s elite list of the Top 100 Canadian Companies as the 18th fastest growing Canadian company where they were recognized for their leadership in terms of product development, human resources and marketing practices.

In June of 2008 they were also featured in an edition of Construction Today, an industry trade magazine, that looks at the latest in construction trends, with profiles and details on companies best practices that are shared with others in the construction industry.

In the last five years alone, Classic Construction has built and sold homes totalling more than $83 Million in revenue and has seen a five-year revenue increase of more than 2,406%, while never losing site of quality, or of their reason for building in the first place: to provide affordable home-ownership to those who need it most.
Today Classic Construction Ltd. looks to repay the communities that have supported them throughout their rapid rise, and has recently formed its Classic Communities Charitable Foundation, which manages the interest earned on subsidies provided to the purchasers, to benefit various local community charities.

They have also been actively involved in a number of local fundraising activities, spearheading the “Chuck-A-Puck” event in conjunction with the Medicine Hat Tigers that raised over $7,000 to benefit the local Crime Stoppers organization, and the Mayhem at the Moose event, which raised over $2000.00 for the Big Brothers/Big Sisters organization. As another facet of the Mayhem at the Moose event, the company personally donated more than $4500 to the charities of choice of the event’s fire fighting, police, and emergency medical technician participants.

Their continued success and the great demand for affordable housing brought about by Alberta’s economic growth has opened up new opportunities and markets throughout Alberta and Saskatchewan that are currently under investigation, with building projects underway in High River and Canmore as well as a new $45 million project in Medicine Hat, known as the Norwood Grande featuring 179 units.

The future is bright for Classic Construction. A future that includes educating people on the many benefits of home ownership, a future where there is affordable housing available wherever there is a need, and a future where the term affordable continues to be defined as synonymous with the high quality that only a Classic Community can provide.