Riversedge Developments moves head office to the Sault

File Photo- MPP Glenn Thibeault with Justus Veldman accepting a Provincial Award for the Mill Market

Northern Ontario development maverick, Riversedge Developments, partners with
award winning project management veteran MHPM.

“The deindustrialization of our communities and the economic vacuum it generates
has led to the need for reinvention, call it revitalization, call it restoration, what
matters is the creation of new value and the opportunities it creates. Closing the
gap between site liability and site revaluation is not for the faint of heart.” said Justus Veldman, CEO, Riversedge Developments  “We’ve pioneered the process of integrated restorative development, took a big bite, rapidly expanded and are now partnering with project management powerhouse MHPM to bring a new level of operational excellence to our projects.”

Founded 2009, in Tillsonburg ON, and operating out of the historic Lake Superior
Pulp and Paper building in Sault Ste. Marie since 2012, Riversedge Developments
has recently purchased the 1940’s era, former RBC Bank Building in the Sault to
relocate its corporate headquarters and accommodate the growth its driving in
Integrated Restorative Development (IRD).

As a leader in IRD, Riversedge specializes in the revitalization of distressed or idled industrial properties with experience in advancing the revitalization of the former St. Mary’s Paper Mill in Sault Ste. Marie ON, the active redevelopment of the former NORAMPAC Paper Mill in Red Rock ON, and the new Brewery Block development of the former Northern Breweries property in Sault Ste. Marie.

With strong regional knowledge and its corporate partnership with Colliers
International, a worldwide commercial real estate services organization, Riversedge
has partnered with MHPM to bring its experience in delivering over 8,000
successful projects across Canada since 1989 to its Integrated Restorative
Development projects.

“We’re in the business of helping our clients maximize the value of their
infrastructure and real estate investments through seasoned project leadership.
Partnering with Riversedge Developments provides us with new opportunities to
apply our experience to the creation of lasting value in challenging development
environments.” said Damian Joy, President, MHPM Development Solutions


  1. The brewery block is doing well….NOT! It looks worse now than it did after the fire. Stick to demolition, it’s the only thing RiversEdge is —Almost— good at.

  2. The brewery seems to be going along just fine…. NOT! It looks worse now than it did after the fire. Stick to demolition, it’s the only thing RiversEdge is good at….almost.

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