OTTAWA — Residential and commercial developer Windmill Development Group has announced it is expanding its executive leadership team as the company enters a new phase of growth.
Founder Jonathan Westeinde is transitioning from CEO to serve as executive chair of the company’s board.
As a result, executive Jeremy Reeds is moving into the CEO role, having most recently served as president. The company also announced Adam Molson, formerly vice-president, rental communities and sustainability at The Daniels Corporation, has joined as partner, development.
According to a release, Windmill has a $5 billion portfolio and pipeline of more than 2,200 units across Ontario that will be shovel-ready by the end of 2026.
Westeinde will focus on leading the Toronto- and- Ottawa-based company’s strategic direction in collaboration with Reeds and the leadership team.
As CEO, Reeds will continue to oversee management of the company with full operational authority.
“There is no sustainability without affordability. More than ever, I’m focused on building strategic long-term partnerships so we can develop communities that positively impact cities and the people who live in them,” said Westeinde in a statement. “Jeremy’s deep financial expertise, proven operational excellence, and steady judgment have played a pivotal role in our success to date. I’m thrilled he will now guide Windmill into its next phase of strategic growth and innovation.”
“I’m looking forward to building on our momentum and continuing to deliver disciplined, impact-driven growth together with Jonathan and the leadership team,” added Reeds. “The addition of Adam Molson only deepens our bench strength in building better neighbourhoods. He has raised the bar for building sustainable homes across a diverse residential portfolio in Toronto.”
Molson joined The Daniels Corporation in 2008, where he led sustainable building, decarbonization efforts, and accessible living standards, with a major focus on the purpose-built rental portfolio.
Current Windmill projects include Hälsa at 230 Royal York, Toronto’s tallest mass-timber residential building, and Kennedy Green at 2444 Eglinton, Canada’s largest co-op housing development in more than 30 years and the first private-led rezoning of a City of Toronto Housing Now site, the release adds.
