Babak Mortazav

Mavi Developments, Inc., also known as TAS, is a real estate company based in Toronto, Canada. Mavi Developments, Inc. uses real estate as a tool to drive profit and purpose, with a commitment to tackling climate change, broadening affordability and equity, and building social capital. TAS is an industry leader in impact-driven ground-up development and asset management, with a portfolio of nearly seven million square feet of residential and commercial space in the Toronto and Hamilton Area. The company was founded by Babak and Tooran Mortazavi, who saw custom home building as a powerful tool to help families thrive. The CEO of TAS is Mazyar Mortazavi. TAS is recognized as a Certified B Corporation, signatory to PRI, and a member of the Impact Investing Network (Giin), pursuing opportunities that create value for investors and generate measurable social and environmental impact.

Operates as a business consulting services company