Our Mission
ABOUT MOLENBEEK VENTURES
To be proactive, realistic, and transparent and build affordable with expertise, experience and joy while keeping our core values at the highest possible level.
To be honest and open in our actions, and stretch ourselves in being accessible, reliable and predictable for all our stakeholders.
Our Vision
To integrate innovative, environmentally friendly technologies and renewable ideas into our building processes. Our company has a pragmatically, down to earth approach and direct manner of thinking and doing. We seek for charitable contributions to the community and be on top of the industrial development and involvement.
Molenbeek Ventures Corporation
Builder of single family and multifamily homes, condos, high-end single family homes, and exclusive town homes, all designed for affordable and/or luxury living with exceptional views. The newest project The Trails in West Kelowna is currently on its way; a subdivision up to 200 homes.
Company history
Molenbeek Ventures was founded in 2006. Inspired by one of the largest builders in the Netherlands. Financially independent, Molenbeek started in 2006 with the construction of a 28-unit apartment building in Vernon. Shortly thereafter we purchased land in West Kelowna and started the infrastructure for Creekside Park Residential Development; a 50 single and multifamily development with affordable luxury homes. Followed by 85 homes in 2011 in West Kelowna Elkridge Development; a very successful project for young families & starters. We worked together with the Central Okanagan foundation to implement "Project Build"; an innovative program that turned industry related donations into non-repayable grants to home buyers to make down payments. With more multiple projects on the go in the Okanagan Valley and on Vancouver Island, Molenbeek is always actively looking for land to start new developments.
Molenbeek is a long time member of the Canadian Home
Builders Association and fully licensed with the Home
Owner Protection Office (Now called BC Housing),
and partner with the most reputable Home Warranty
providers Travelers and Pacific.
Working with a European back ground in mind, Molenbeek
Ventures will keep transcending the limits of the
conceivable and will give the Okanagan valley a proof of
its existence by building homes with a different angle,
such as the newest project "Skyview Terraces" in Kelowna. Skyview Terraces won 3 golden Tommie awards and two silver among 230 builders; A true recognition of the Okanagan real estate industry. MVFC takes pride in not just building "the ordinary" but give greater Kelowna a contemporary look. The Trails in West Kelowna, the newest almost 200-homes-subdivision with incredible lake views, will be will be an exceptional example of a subdivision with a “new look” of homes in the Okanagan.
Having its own working capital, MVFC has been able to realize all projects with very sound financial abilities. Even during the recent economic turmoil they were constantly offered more credit than needed. MVFC's development-team have built a solid and reliable reputation with the Regional Districts, Cities, WFN, professionals, trades, suppliers, and their customers.
TEAM
Wim Zuydervelt
Founder of Molenbeek Ventures
Wim’s background in the building industry goes back to 1980. His involvement was instrumental in the construction of many large sized developments. Among them a 78-home development Elkridge, 52 homes at Horizon Lane, West Kelowna. a 28 Condominium. Aberdeen Heights Condo's in Vernon. 40 Town homes at Skyview Terraces down town Kelowna and currently a 195 homes Development called The Trails
Paul Teeuwen
President and successor of Molenbeek Ventures
Paul has been involved full-time in land-development and the building industry and has an extensive Strategic Corporate Coaching background. Paul will continue to build MVFC on an operational and strategic level. His leadership is pragmatic and focused on relationships. The company philosophy still is performance-based and strives to build unique homes on the nicest locations for their customers
"Proactive, Realistisic, Transparent"
COLLABORATIONS
Professionals
Kimmitt & Wrzesniewski Lawyers, Goddard Legal Surveying, Pilling & Associates civic engineering, Beacon Geotechnical engineer, Trans Canada's Structural engineering and roof & floor systems, Outland architecture, New Town Architecture, ROV Structural engineering consulting, Ecoscape environmental, Total Home solutions, R-Tistry, Remax Realty
Contractors
Wiltech, Ansell, BC Hydro, Shaw, Telus, Fortis gas
Suppliers
Home Hardware, Rona, Blum, Richelieu , City Furniture, OK Ready Mix, Burnco, Trans Canada lumber, Creative door, Altar, Bylands, Starline Windows
Trades
Hancock electric, Engel Electric, Lakeshore drywall, EDL, Foster framing, Ductworks, Acland Landscaping, Valley Curbing, Pinnacle roofing, Jay's exterior, Pure woodcraft cabinets, MTM Granite, BC Safety Products, Real Canadian Painters,
AWARDS
Skyview Terraces has reached the pinnacle of heights! We would like to take this opportunity to THANK each and every one of our hard working Trades, and Staff. Without their hard work, dedication and their own drive to achieve greatness our dream to provide Homeowner’s with exquisite, energy efficient homes would not be possible. We would also like to exclusively thank our Co-Partners for the 2016 Tommie Awards: GTA Architecture, Accutruss Industries, Irvine Mechanical, and Ramco Flooring, it has been an honour to raise the bar in building with you by our sides. Molenbeek dreamed the impossible and achieved greatness.
2016 Tommie Awards - Gold
Multi Family Builder of the Year
2016 Tommie Awards - Gold
FortisBC Award for Building Energy Efficiency
2016 Tommie Awards - Gold
Best Urban Infill - Residential
2016 Tommie Awards - Silver
Excellence in Semi-detached and Townhome Development
2016 Tommie Awards - Silver
Excellence in Outdoor Living
2010 Tommie Awards - Silver
Best Community Award
Another important factor that won Molenbeek the Silver Tommie out of 250 contenders is the community itself. Paul notes that the community is social and intimate while the central focus is a natural park with walking paths and a charming bridge over a creek surrounded by tall trees. “We were proud to include
the park in our property,” he says.
WARRANTY
Home warranty insurance can only be provided by insurance companies approved by the provincial Financial Institutions Commission. Minimum coverage and allowable exclusions for third-party home warranty insurance are set by legislation. As a minimum, homes built by Licensed Residential Builders must have 2-5-10 year home warranty insurance - the strongest construction defect insurance in Canada. Coverage includes 2 years on labour and materials (some limits apply), 5 years on the building envelope and 10 years on the structure of the home.
During the first year occupying your custom home you are covered by the Development Project for the first year Home Warranty to correct defects in materials and workmanship. When you do your final walk-through and inspection with a Kelowna Highland Development representative, we will advise you of the target dates of the service calls that might be required so that you get the maximum benefit from each call.
A Year after you take possession, we follow up on our commitment to you one more time. We visit to handle any required warranty work, discuss issues or answer questions. Your protection doesn’t end there; when you purchased your home with Kelowna Highland Development you receive a 2-5-10 year protection from Pacific Home Warranty. This protection provides a two(2) year materials and labor warranty, five (5) year building envelop warranty and a ten(10) year building structural defects warranty.