Our history

Decades of building. Since 1984.

For more than 40 years, Capital Group has grown from a family-led residential builder in Montreal into a diversified real estate platform delivering complex public and private sector projects across North America. Our history is more than a timeline — it's a record of innovation, partnerships, and the relentless commitment to deliver what we promise.

From our first triplexes in Quebec to award-winning historic renovations across the United States, to today's $220 million Water District in Fort Lauderdale, every chapter has been built on the same belief: complex projects deserve disciplined partners.

1980s
1984

A Humble Beginning

Mario Caprini's first houses are built in partnership with his father Gino in Montreal, Canada — guided by Gino's decades of construction knowledge and a deep family pride in the work.

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1987

Capital Group Is Founded

Capital Group opens its first office in Montreal, formalizing the family business as a development company.

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1987

Grand Parc — First P3 Partnership

Capital Group's first public-private partnership. Designed for the City of Montreal's "Operation 20,000 Homes" affordable housing program. The innovative triplex design drove over 50% pre-sales before the official opening.

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1987–1990

Boisé Du Parc — Entrepreneur Of The Year

Capital Group's first major independent project. The success leads Mario to be named Entrepreneur of the Year in Montreal in 1989/1990.

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1988

Grand Parc II

Following the success of Grand Parc, Capital Group's second public-private partnership with the City of Montreal.

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1989

Domaine Perras

A public-private condominium project in Montreal, continuing Capital Group's track record in P3 residential development.

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1991

Industrial Land Development — Montreal Est

Capital Group develops approximately 1 million square feet of industrial land in Montreal Est. The site later anchors the Centre Industriel Montreal Est (CIME Tech), with FedEx among the major tenants establishing operations on the property.

Aerial view of the Montreal Est industrial site
Aerial view of the Montreal Est industrial site.
FedEx building at Centre Industriel Montreal Est
FedEx later established its Montreal distribution facility on this property.
1991–1995

CIME Tech — Industrial At Scale

Centre Industriel Montreal Est: a 5 million square foot, $100 million Class A industrial park creating 1,000 jobs in the Montreal region.

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1991

Cité Jardin Fonteneau — Best Demonstration Project In Canada

A new approach to affordable housing: hidden garages covered by back patios, giving residents private outdoor space without sacrificing density. Awarded Best Demonstration Project in Canada, with formal recognition from the Mayor of Montreal.

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1992

Jardin De La Rive — Riverfront Redevelopment

Riverfront re-development on a complicated site with difficult soil conditions in Montreal Nord. Mario is named a finalist for Young Entrepreneur of the Year in Montreal.

Jardin de la Rive project site with Arista–Sun Life Young Entrepreneur of the Year finalist certificate
Project site overlaid with the Arista–Sun Life Young Entrepreneur of the Year finalist certificate awarded to Mario Caprini.
1992

Bois Franc — A Canadair Airport Becomes A Town Center

Capital Group is selected by Bombardier Real Estate as lead developer and provider of the hidden-garage concept for the transformation of the old Canadair airport into the Bois Franc town center in St-Laurent.

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1993

Jardins Des Manoirs — First Smart Home Development

The first smart home development in Montreal, built in Pierrefonds.

Jardins des Manoirs smart home development in Pierrefonds with Minister of Transport testimonial letter
The Jardins des Manoirs townhouse development with a January 1993 letter from the Canadian Minister of Transport, Jean Corbeil, praising Capital Group's smart-home innovation.
1993

Downtown Montreal Aerial Rights

Architect of the deal structure to purchase aerial rights over a Montreal metro station, enabling redevelopment of a major federal construction project. Completed alongside Mario’s mentor, Michal Hornstein.

Downtown Montreal aerial map showing the project location at 1550 Maisonneuve Boulevard West, near Guy-Concordia Metro Station
Aerial view of downtown Montreal pinning the project at 1550 Maisonneuve Boulevard West — the site of the Guy-Concordia Metro Station aerial-rights deal.
Modern blue glass building at 1550 Maisonneuve Boulevard West, Montreal
The completed redevelopment over the Guy-Concordia Metro Station.
1997

Place Renaissance — First U.S. Project

Capital Group’s first project in the United States, in Mayfield Heights, Ohio. Awarded Best Office Development in Northeast Ohio by NAIOP.

Place Renaissance building in Mayfield Heights, Ohio, with a 1997 reference letter from the City of Mayfield Heights Mayor
Place Renaissance — Capital Group's first U.S. project — alongside a 1997 reference letter from Margaret Egensperger, Mayor of the City of Mayfield Heights, Ohio.
1999

Riverside Gardens — Berea, Ohio

Citizens of Berea had never had access to or a clear view of their riverfront downtown. Capital Group created Riverside Gardens — a landmark clocktower, pedestrian bridges, residential terraces with river views, and connections from Main Street to the historic merchants — invigorating the town center.

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2001

Arthur Andersen Office — Wilmington, Delaware

Site identification and repositioning of the vacant historic Wanamaker department store into 193,000 sf of Class A office space for Arthur Andersen.

Arthur Andersen Office in Wilmington, Delaware lit up at night with a multi-color light art installation
The Arthur Andersen Consulting office at dusk — the historic Wanamaker department store transformed into 193,000 sf of Class A office space.
Aerial view of the Arthur Andersen Office site in Wilmington, Delaware
Aerial view of the Wilmington, Delaware site adjacent to Interstate 95.
2002

Chargrin Corporate Center — Shaker Heights

Restoration of a property that had been abandoned and boarded up for years. Finalist for NAIOP Renovation Project of the Year.

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2002

TMW Headquarters — Beachwood, Ohio

Restoration of an abandoned office building into the new TMW Headquarters. Finalist for NAIOP Renovation Project of the Year.

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2004

Westerman Corporate Center — Northfield Center, Ohio

An abandoned U.S. Post Office is reborn as the Westerman Corporate Center.

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2004

Medical Office — Shaker Heights

Medical office development in Shaker Heights, Ohio.

Medical Office — Shaker Heights, Ohio
2005–2007

Cleveland Historic Renovations & New Market Tax Credits

A series of historic renovations across downtown Cleveland, leveraging New Market Tax Credits to bring vacant landmarks back to life as office and mixed-use space.

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2005

Medina Gardens on the Lake

Lakeside residential development in Medina, Ohio.

Medina Gardens on the Lake — Medina, Ohio
Medina Gardens on the Lake — Medina, Ohio
2006

Medina Industrial Complex

Industrial complex development in Medina, Ohio.

Medina Industrial Complex
2006

Briar — East 71st Industrial

Industrial site development on East 71st Street.

Briar — East 71st Industrial Buildings
2006

Parma Retail Repositioning

Retail center repositioning in Parma, Ohio.

Parma Retail Repositioning — Parma, Ohio
2007

421 7th Avenue, Pittsburgh — Historic Renovation

Historic renovation at 421 7th Avenue in downtown Pittsburgh, leveraging New Market Tax Credits.

421 7th Avenue, Pittsburgh, with a 2008 letter from Massaro Properties LLC praising Capital Group's New Market Tax Credit work
421 7th Avenue, Downtown Pittsburgh — the historic 51,000 sf renovation — alongside a 2008 letter from David Massaro of Massaro Properties LLC.
2008–2010

Working the Downturn — Short Sales and Distressed Asset Acquisition

Through the financial crisis years, Mario worked short sales with brokers and acquired assets from financial institutions, repositioning them and reselling to investors.

2016

Repositioning Assets Out of Foreclosure

Capital Group sharpens its Florida strategy: take over vacant, foreclosed residential assets and reposition them into market-leading homes. The model gets its first showcase in Boca Raton, where two vacant homes are rebuilt in collaboration with Eco Building Armor — pioneering MGO Structural Insulated Panel construction for affordable luxury homes.

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2017

The Modernista — Best Affordable Home In The USA

The Modernista model is awarded Best Residential Home in the USA by the Structural Insulated Panel Association (SIPA), recognizing the innovation in MGO SIP panel construction.

The Modernista III exterior, Capital Group's SIPA Best Affordable Home in the USA
2017

Two Prism Gold Awards

The Gold Coast Builders Association honors Capital Group with two Prism Gold Awards: Best Energy Efficient Home (1,000–2,500 sf) and Best Innovative Green Design — Materials & Resources.

Modernista home at twilight, the Prism Award-winning Best Energy Efficient Home
The Modernista at twilight — the building recognized with both 2017 Prism Gold Awards.
2018

A Florida Home Base

Capital Group establishes its new corporate headquarters in Boca Raton, Florida — anchoring the next chapter of the business in the U.S. Southeast.

55 NE — Boca Raton Headquarters
2019–present

ISHOF Proposal with Hensel Phelps

Capital Group partners with Hensel Phelps to submit the proposal for the redevelopment of the International Swimming Hall of Fame in Fort Lauderdale — laying the groundwork for what will become the Water District.

The Water District — Axonometric View
2022

Deerfield Beach Project Submittal

Capital Group submits its mixed-use development plan to the City of Deerfield Beach — a downtown destination project supported by the partnership with Premier Community Investment Group. [ Year to be confirmed by Mario. ]

Deerfield Beach Project — submittal rendering
2024

ISHOF Approval and Financial Closing with the City of Fort Lauderdale

The City of Fort Lauderdale approves Capital Group Ventures' redevelopment of the International Swimming Hall of Fame — a $220 million waterfront destination anchored by two iconic buildings designed by Arquitectonica. The masterplan delivers the rebuilt ISHOF museum, a covered teaching pool integrated within the aquatic facility, a beachfront welcome center with the playful 'SWIM' and 'DIVE' facade graphics, and a roof-top restaurant overlooking the Intracoastal and the Atlantic.

The Water District — East View
2025

Premier Community Investment Group Partnership

Capital Group enters a strategic partnership with Premier Community Investment Group (PCIG), a Boca Raton-based investment vehicle that delivers fully-integrated financial solutions for community-scale real estate developments. The alliance unlocks 100% project funding for Capital Group's public and private partners — anchoring the financing backbone behind the Water District in Fort Lauderdale and the Deerfield Beach mixed-use development. Visit premiercommunityinvestmentgroup.com →

Premier Community Investment Group logo
2026

The Water District — Rebrand Launch

Capital Group Ventures rebrands the International Swimming Hall of Fame project as The Water District — a $220 million waterfront destination in Fort Lauderdale. The new identity reframes the project around its full vision: an aquatic facility, museum, marine aquarium, rooftop dining, marina, and public promenade — anchored by Olympic-grade swimming and diving at its core.

The Water District logo