CONGRATULATIONS MELCOR on 100 years!

We are proud to be a part of your success.

At various times throughout Melcor’s history, home building was Home plans included neighbourhood models such as the Glenora and with interest and principal payments

He continues, “We give where we live to build strong communities. Our giving and involvement focus is on key pillars of strong communities: education, health, youth, sports, public gathering places such as libraries and social programs that lend a helping hand to those in need. To that end, some of our key contributions and pledges include:

• YMCA (including Melcor YMCA Welcome Village, Melcor Crowfoot YMCA and Melcor gymnasium at the Don Wheaton YMCA)

• Edmonton Triathlon Academy

• Various junior sports teams

• University of Alberta (including Stan Melton chair, golf football, School of Business)

• Valour Place

• Art Gallery of Alberta

• Children’s Autism Services

• United Way

• Sign of Hope part of the product portfolio, here under the name Sillton Homes. and the Lynwood. The price of the Glenora model was $12,871 dollars payments of $83 per month.

Stan Melton felt strongly that employees should have the ability to own a piece of the company for which they work, so in 1968, Melton Real Estate became a publicly traded company on the Vancouver Stock Exchange. The company graduated to the Toronto Stock Exchange in 1972. This tradition of employee ownership carries on today with Melcor’s Employee Share Purchase Plan which matches employee contributions to purchase Melcor shares.

“We also support Junior Achievement, Rotary Clubs, Scouts, the Citadel Theatre, Meals on Wheels and many other charities and organizations.

“In addition to supporting these organizations financially, we encourage our employees to get involved and share their talents with the organizations that mean the most to them. Many of the charities that we support are directly related to the causes that are dear to our team members.”

Just 100 years ago, LT was a man on a mission. A century later, he would be more than proud of the results. LT more than achieved his dream. He achieved what many would have considered impossible.

The sole proprietorship that opened in 1923 is now a public company that continues to operate with family-style ownership values. Melcor is the largest land developer in Edmonton and area – and in many of the communities where it builds in Canada. With every economic hiccup, war, pandemic and changing times, Melcor adapted seamlessly. Rapid adaptation of new technology.

Onboarding new processes. Inclusion. Diversity. Melcor demonstrated and led in how being flexible and responsive benefits the team, the shareholders, the corporation and the people it serves.

“Personally, I find it rewarding to be in an industry that meets the basic needs of families and businesses. It’s rewarding to offer a service that is necessary and appreciated. It is also rewarding to see the fruits of our labour as real estate development and having a tangible impact on communities takes time. The development of some communities and commercial projects can span multiple decades. The home is the biggest investment most people make in their life, and being part of that, being chosen as the community where a family decides to build their life together is an honour,” says Timothy.

“I’m grateful to the Melton family for having the confidence in me and providing support and cooperation. The Meltons have had a huge impact on the longevity of the business. I also acknowledge the important contributions of Melcor employees and our Board of Directors throughout the years.