Toronto-based property development company TVM Group has donated $1,500 to United Way of Peterborough & District.
TVM Group president and CEO Amit Sofer, who drives to Peterborough from Toronto several times weekly, made the announcement on Wednesday (March 18).
TVM Group is building East City Condos, a nine-storey building at the corner of Armour Road and Hunter Street East in Peterborough’s East City.
The TVM Group donation was based on a unique five-month relationship — a first for the Peterborough community — in which TVM Group made a cash donation for every East City Condo unit sold at events involving participation by the United Way.
“We have introduced a number of innovations to the campaign this year and this is one of the most inspiring,” says United Way campaign chair David Goyette. “Amit and his team are exemplary builders of community and their enlightened corporate citizenship will go a long way in helping to serve the many ongoing needs of our community.”
Since its founding by Sofer more than 20 years ago, TVM Group has shown a strong commitment to Peterborough through the development of multiple properties, both commercial and residential. The luxury East City Condos is in its pre-construction sales phase, with an estimated summer/fall 2022 occupancy.
“We are proud of our community relationships and our association with David and the United Way,” Sofer ssys. “We know that our donation will be put to good and valuable use.”