Founded in 1982 by members of the Armoyan family, Armco Capital Inc. has grown from a small business run almost entirely by two brothers into a diversified and dynamic group of companies. Recognized as one of Canada’s 50 Best Managed Companies for three consecutive years, Armco is among the largest organizations of its kind in Atlantic Canada.
Armco’s Community Development division is a leader in Atlantic Canada and has developed more than 12,000 home sites in over 45 subdivisions since the company’s inception. Some of the company’s more well-known developments include Indigo Shores, Governor’s Brook, Kingswood North, Sunset Ridge and Twin Brooks.
Though still true to its roots as a residential real estate developer, over the years Armco’s portfolio has expanded to include commercial and industrial development, as well as property management.
Armco also has land holdings in Quebec and is currently a developing a nine acre site in LaSalle which will consist of nine buildings, housing over 1,200 families and featuring a mix of condominiums, rental apartments, and street-level commercial space.
In addition to Halifax and Quebec, the Armco-owned US subsidiary, Geosam, has properties in Florida, North Carolina, Texas and Georgia.
Armco, along with its affiliated companies Scotia Learning Centres and Brunswick Learning Centres have been the successful proponent in a number of Public-Private Partnerships (“P3”) including 16 schools in Nova Scotia and New Brunswick encompassing approximately 1.3 million square feet of institutional space.
Armco also owns and operates numerous commercial buildings and office towers in Atlantic Canada and Quebec, including the Department of National Defence building in Bayer’s Lake, 145 Hobsons Lake Drive, 1800 Arygle Street (formerly the World Trade and Convention Centre), Willow Tree Tower and more. In total, Armco owns, operates and maintains approximately three million square feet of commercial, institutional, and industrial space.
Armco’s long term plan is to continue to diversify and expand its business geographically, as well over the various asset classes.
In The Community
We put Corporate Social Responsibility at the centre of our business decision-making, and strive to produce an overall positive impact on society. Our belief is that our organization should actively be involved in and contribute to the welfare of its communities.
We are proud to support the following organizations and initiatives