In this latest episode of the addy Podcast, co-founder Stephen Jagger sits down with Alkarim Devani, an innovative real estate developer and educator, to discuss his journey in the real estate world, the challenges and opportunities within middle housing, and the importance of community-focused development. From his early beginnings in real estate to co-founding companies like RNDSQR and MDDL, Alkarim shares valuable insights into creating housing solutions that bridge the gap between affordability and quality.
Key Highlights from the Interview
- From Open Houses to Development Visionary
Alkarim’s journey began early, obtaining his real estate license at 18 and learning the industry hands-on by sitting open houses. His experience sparked an entrepreneurial spirit and a keen eye for urban development. His story is a testament to recognizing opportunities and taking bold steps into areas others may overlook.
- The Rise of MDDL Housing and the Founding of MDDL
The conversation dives deep into the concept of MDDL housing—projects that fall between single-family homes and large-scale apartments, offering more housing density while retaining neighbourhood character. Alkarim explains how MDDL was born out of the desire to make infill housing accessible and practical, not only for developers but also for homeowners and municipalities. With rising housing demands and changing policies, MDDL housing is more relevant than ever.
- The Power of Community-Centric Design
One of the standout features of Alkarim’s projects is his commitment to design that respects and enhances existing communities. Whether it’s the award-winning Peaks and Plains development in Calgary’s Altidore neighbourhood or his ambitious row housing projects, Alkarim emphasizes the importance of building for people. His approach to real estate goes beyond profit—it’s about contributing to vibrant, livable communities.
- Challenges and Lessons Learned in Real Estate Development
Alkarim doesn’t shy away from discussing the challenges of his work. From navigating stringent zoning laws to balancing affordability with quality, he highlights some of the hardest lessons he’s learned over the years. His dedication to creating viable housing models for the MDDL market often required innovative solutions, from financing through federal programs to creative design adjustments that maintain project feasibility.
- Building the Future with MDDL School and Community Education
Through his platform MDDL, Alkarim is not just developing properties but also empowering others to understand and participate in MDDL housing. MDDL School workshops, community tools, and a supportive online forum are some of the resources Alkarim and his team has developed to demystify the process and help others realize their own projects.
Watch the Full Episode Below
For a deeper dive into Alkarim’s insights and a closer look at his projects, watch the full episode of the addy Podcast. Discover how Alkarim is paving the way for a new era of real estate that values community, accessibility, and sustainable growth.
Additional Resources
- Connect with Alkarim Devani on LinkedIn: Alkarim Devani LinkedIn
- Explore projects by RNDSQR: rndsqr.ca
- Learn more about MDDL and MDDL School: mddl.co
- Check out the Altidore Townhomes project: Altadore Townhomes on addy
Don’t Miss Out on Future Episodes!
If you’re interested in more insights like these, be sure to subscribe to the addy Podcast for future episodes covering the latest in real estate innovation, community development, and investment strategies. (Spotify, iTunes, Youtube )
