Northland Properties

Last updated
Northland Properties Corporation
Company type Private
Founded1963;61 years ago (1963)
Headquarters Vancouver
Key people
Bob Gaglardi (Founder & Chairman)
Tom Gaglardi (President)
OwnerGaglardi family
Number of employees
10,000+ (2018)
Subsidiaries
Website northland.ca

Northland Properties Corporation is the parent company of multiple hotel chains, restaurants, sports teams, and Northland Asset Management Company. [1] Northland was founded in 1963 and is owned by the Gaglardi family. [2] Bob Gaglardi is the founder and chairman of the board and Tom Gaglardi is President of Northland Properties Corporation. Northland Properties is the largest privately held hospitality group in North America with properties spanning Canada, the United States, and the U.K. and Ireland. Their collective assets are valued at close to $8B.

Contents

Hotels

In 1967, the first Sandman Inn opened in Smithers, British Columbia. The company rapidly expanded, opening at least one property every year. In 1976, a new tier of hotels was added to the company profile with Sandman Hotel Vancouver. In 2007, the Sandman Signature brand was added as a higher end brand. The Northland-owned chain currently has 47 properties across Canada and 4 in the United Kingdom.

In June 2011, Northland Properties placed a bid on the Sutton Place Hotel in Edmonton, and subsequently ended up purchasing it, along with the Sutton Place in Vancouver. [3] Sutton Place currently has hotels in Vancouver, Toronto and Halifax, and has the rental agent contract For their Hotel/Strata development at Revelstoke Mountain Resort in British Columbia. [4]

Restaurants

Sports teams

Northland Properties and the Gaglardi family were formally introduced as the new owner of the Dallas Stars hockey team on November 18, 2011. [9] Tom Gaglardi first expressed an interest in buying the Stars in 2009 and spent more than a year going through the process of completing the deal for the team, which went through a bankruptcy proceeding. [10] A bankruptcy court judge approved the bid for an enterprise value of $240 million. [11] As of 2014, Northland Properties also owns the Texas Stars, the Dallas Stars' AHL affiliate. [12]

Northland Properties also owns the Kamloops Blazers of the Western Hockey League. [13]

Properties

Northland Properties is also the sole owner of Revelstoke Mountain Resort which is undergoing expansion and is expected to be the largest mountain resort in North America when completed.

Northland Properties purchased the Grouse Mountain Resort in the District of North Vancouver in January 2020. [14]

Northland Properties also recently acquired the Portmarnock Hotel & Golf Links in Dublin, Ireland which features Bernhard Langer designed championship links golf course and overlooks the "Velvet Strand" coast.

Criticism

In July 2013, seventy-seven Philippine temporary foreign workers in Canadian Denny's restaurants filed a class action against owners Northland Properties for breach of contract. The case stemmed from agreements made with workers guaranteeing them 37.5 to 40 hours of work per week, as well as reimbursement for airfare to Canada. In fact, workers frequently were not given the agreed number of hours, and none were reimbursed for their airfare. Additionally, the temp agency contracted by Northland had charged fees of $5000 to $6000 to each worker as a precondition for employment, which is prohibited by the BC Employment Standards Act. Northland settled with the workers for $1.4 million. [15]

In December 2014, Northland Properties and Tom Gaglardi were fined a total of $140,000 after Gaglardi had personally ordered a construction crew to destroy a salmon habitat at his vacation property in Kamloops, British Columbia, where he was installing a boat ramp. A former Northland Properties employee testified that he had been ordered to destroy documents related to the destruction, and throw his hard drive in the lake. In his decision, Justice Stephen Harrison said of Gaglardi, "There was an element of wilfulness here, a desire to get the job done and seek forgiveness later." The judge also quoted an expert witness in his decision, saying the area had been turned "from a very good fish habitat to a moonscape." Tom's father and Northland Properties founder Bob Gaglardi was found not guilty of the same charges. [16]

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References

  1. Pablo, Carlito (11 January 2011). "Foreign workers file class-action lawsuit against Denny's restaurants in B.C." The Georgia Straight . Retrieved 14 April 2018. Northland Properties is the parent company of Denny's 24-Hour Restaurant in Canada, and other establishments such as Sandman Hotels, Inns & Suites; MOXIES; Shark Club & Grill; and Northland Asset Management Company.
  2. Harrison, Ian (14 April 2014). "10 Crazy Facts You Need to Know About Moxies Before You Eat There". Eater Montreal. Vox Media . Retrieved 14 April 2018.
  3. Ladurantaye, Steve (20 June 2011). "Sale of two Sutton hotels points to reviving industry". The Globe and Mail . Retrieved 14 April 2018.
  4. "The Sutton Place Hotels | Toronto, Vancouver, Halifax & Revelstoke". The Sutton Place Hotels. Retrieved 2024-02-12.
  5. "Company Overview of Dencan Restaurants Inc". Bloomberg News . Retrieved 14 April 2018.
  6. Carlisle, Candace (6 January 2015). "Dallas Stars owner to bring Canadian restaurant chain to Uptown" . Dallas Business Journal. American City Business Journals . Retrieved 14 April 2018.
  7. Gubbins, Teresa (15 February 2018). "Canadian sports bar circles Plano, Texas, for first location in U.S." CultureMap Dallas. Retrieved 14 April 2018.
  8. Mann, Arshy (25 November 2013). "Canadian restaurants are merging like crazy. Here's a breakdown of who owns what". Canadian Business . Retrieved 14 April 2018.
  9. Bathon, Michael (18 November 2011). "Dallas Stars Get Approval to Sell Hockey Team to Gaglardi" . Bloomberg News . Retrieved 23 April 2018.
  10. O'Brien, James (22 September 2011). "Bankruptcy court approves Dallas Stars' bidding process". NBC Sports . Retrieved 23 April 2018.
  11. Ozanian, Mike (22 November 2011). "Dallas Stars Sale To Tom Gaglardi For $240 Million Pummels Team's Creditors". Forbes . Retrieved 23 April 2018.
  12. "Northland Properties Corporation Completes Acquisition Of Texas Stars And Assumes Operation Of Cedar Park Center". National Hockey League . 17 December 2014. Retrieved 23 April 2018.
  13. "Tom Gaglardi talks hockey and Kamloops Blazers". CBC News . 22 September 2015. Retrieved 23 April 2018.
  14. "Grouse Mountain changes hands once again after sale to Gaglardi family".
  15. Smolkin, Sheryl (16 July 2013). "Denny's restaurants settles foreign workers'suit for $1.4 million". Toronto Star . Retrieved 14 April 2018.
  16. "Tom Gaglardi, Dallas Stars Owner, Fined $140K For Damaging B.C. Fish Habitat". HuffPost Canada. 12 December 2014. Retrieved 14 April 2018.