Onni Group
Canadian real estate company
From Wikipedia, the free encyclopedia
Onni Group is primarily a real estate development company, headquartered in Vancouver. The company has built a variety of residential, commercial, and rental projects across Canada and the United States for various uses.[1] The company started investing in the US in 2010 by acquiring apartment properties in Phoenix.[2] Since its initial investments in the US, the Onni Group has become one of the biggest developers in Los Angeles.[3]
| |
| Company type | Private |
|---|---|
| Industry | Real estate development |
| Founded | 1965 |
| Founder | Inno De Cotiis |
| Headquarters | Vancouver, British Columbia , Canada |
| Website | onni |
Legal issues
Onni was fined $24,000 by the City of Vancouver in May 2017 for the operation of illegal short-term rentals at The Level, located at 1022 Seymour Street, despite warnings from the city that date back over a year.[4]
In 2016 Onni were ordered to pay back $1.5 million to the City of Vancouver. An investigation found that City staff approved the DCL waiver for the Charleson Project in error.[5]
In 2018, Onni Group donated $50,000 to José Huizar, a member of the Los Angeles City Council who was under investigation by the FBI, weeks before Huizar voted to allow them to raze a downtown property.[6][7][8]
Projects
United States
- 1120 Denny Way, a pair of 41-story residential highrises in South Lake Union, Seattle, Washington[9]
- Redevelopment of the Los Angeles Times Building[10]
- Redevelopment of the Seattle Times Building[9]
Other properties
- 1411 Fourth Avenue Building, a historic office building in Seattle, Washington[11]
- 121 Boren Avenue North: 40-story apartment building cancelled due to COVID-19 pandemic.[12]