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About Formwell

About Us A modern approach to homebuilding.

In pursuit of a more livable family home.

Founded by two families, Formwell is the result of more than 30 years of shared experience in residential development and construction in Greater Victoria.

Our purpose is to create more livable homes for families. Homes that are both thoughtful and inspiring in their design are something we see missing in most new construction in Victoria.

We see this as an opportunity, and we’ve set out to build beautiful and functional townhomes that families will love, from the first moment they move in, and for years to follow.

Reimagining the townhome experience.

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Learn About Our Approach


Why townhomes are steadily attracting more buyers.

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new families are expected to join the CRD over the next 20 years

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the average a new townhome costs less than a single family home

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new multifamily homes that are suited for families (3 bed +)

Meet Our Team

Sam Ganong

Co-Founder + Principal

Sam’s career began in commercial real estate at Canada ICI Capital and then at Colliers International, where he gained experience in acquisition, apartment, and construction financing.

Sam was hired by Abstract Developments, a national award-winning custom homebuilder and developer. He grew into the role of Vice President of Development and partner, managing projects with values reaching upwards of $100 million.

In 2018, Sam went on to start Curate Developments where he oversaw the design and approvals for a portfolio of multi-family projects before going on to co-found Formwell. Today, Sam oversees all aspects of the community development, planning and design process. His passion for great design and disciplined analytical approach are establishing Formwell as a respected and sought-after homebuilding company. Sam lives in Gordon Head with his wife Hannah, and two young kids.

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Kyle Ryan

Co-Founder + Principal

Kyle is a proven leader and expert in the field of construction management and scheduling. He studied engineering before landing his first job in construction project management in Calgary in 2003.

In 2011, Kyle took a position at Abstract in Victoria, where he eventually became Chief Operating Officer and partner, contributing to the company’s significant growth over a 10-year period before leaving to start Formwell. 


With notable experience in both single and multi-family residential and public building projects, Kyle has a deep understanding for how functional building designs shape healthy and complete communities. At Formwell, Kyle oversees the build process from end-to-end, transforming forward-thinking designs to completed communities. He lives in North Oak Bay with his wife Kelsey and three young children.

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Nick Saklas

Nick Saklas

Principal

Nick has an extensive background in several key business areas, including finance and accounting, leadership, corporate governance, strategic analysis and customer engagement and service.

As a Chartered Accountant (CPA, CA) and Chartered Business Valuator (CBV), Nick articled and spent a decade with KPMG in Vancouver, primarily practicing in Corporate Finance, performing merger and acquisition advisory and valuation service. He has been involved in the advisory of over a dozen mid-market transactions with enterprise values ranging from $10 million to $250 million. Following his time in public practice, he has operated in a range of business capacities, from hospitality, hotel management and real estate, to providing consulting for start-ups and private businesses. Prior to Formwell, Nick was Chief Financial Officer with Abstract Developments. Nick lives in Oak Bay with his wife Lisa, and two children.

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Owen Groves

Site Superintendent

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Michael Wang

Finishing Supervisor

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Experienced in homebuilding, aligned on values.

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  • Build Trust
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  • Continuous Improvement
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  • Be Optimistic
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  • Environmentally Conscious
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  • Exceed Expectations
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Discover homes that are easy to love.