Young, ambitious LCH Developments corners T.O.’s Kingston Rd.
LCH Developments has several multiresidential buildings planned on or near Toronto’s Kingston Road and recently opened a co-working space in the area for local residents.
Lukasz Wywrot and his younger brother Michal started building custom homes in 2012. They’ve since moved on to townhomes, a church conversion, a mid-rise residential building and now the Merge Spaces co-working space near their nearly completed Merge Condos project.
“We didn’t come from a developer family so we basically started everything from scratch,” Lukasz Wywrot told RENX. “We have a purpose to build neighbourhoods and cool buildings.
“The way we’ve been able to grow is that we’re very transparent in everything we do. That’s why we’ve had some of our original investors stick with us up until today.”
“Every job that we now have as a salaried position, we’ve essentially had to have played that role ourselves,” added Michal Wywrot.
“A bit of an edge that we had as we grew our company was that we were able to be cognizant of outside costs and kept things lean and well-managed before getting to our higher-growth stage where we can hire more consultants and bring aboard a much larger team.”