Our Story
From Legacy to Landmark
Our Legacy
A Family Firm,
Built Over Generations
LandBank Developments is the newest chapter in a Calgary family business with roots dating back to the 1960s.
The story begins with Brian Sidorsky, whose first business grew from a small Calgary furniture store into Sidorsky’s Furniture World, one of the city’s most recognized furniture and appliance retailers.
That early success became the foundation for Lansdowne — a real estate company built through ownership, patience, and a belief that well-held property can shape lasting value.
LandBank carries that history forward with a sharper focus on development, rental housing, and the next generation of the portfolio.
60+
Years in Alberta
Our History
Six Decades,
One Throughline
Where It Began
1967–1980
Sidorsky's Furniture World
Our story did not begin with land. It began with a single furniture store. Opened by Brian Sidorsky in 1967, the business grew into Sidorsky’s Furniture World, a Calgary retail name built on service, salesmanship, and trust.
It was the first chapter in a longer story of entrepreneurship, reinvestment, and long-term thinking.
A New Foundation
1980s
From Retail Success to Real Estate Investment
In 1981, Sidorsky’s Furniture World was sold to The Brick. The sale marked a turning point. Retail had built the foundation. Real estate became the next horizon.
Through Lansdowne, the family began acquiring, developing, and managing property with a long-term view, building for the future.
Lansdowne Takes Shape
1990s–2000s
Growth Across Southern Alberta
Over the following decades, Lansdowne grew into a diversified real estate company with interests across commercial properties, residential projects, property management, manufactured-home communities, and strategic land holdings.
The portfolio was built patiently. Assets were acquired to be managed, improved, and held through changing market cycles. That discipline became the throughline from Lansdowne to LandBank.
Diversifying the Portfolio
2020s
Residential Development Expansion
In the 2020s, Lansdowne expanded further into purpose-built rental housing. Elliston Village, first started in 2020, marked a new stage in that evolution: a purpose-built rental townhome community designed for long-term ownership and professional management.
It was a natural extension of Lansdowne’s history — moving from held land and commercial assets into rental communities built for the way people live today.
LandBank Developments
2026 and Beyond
The Company Today
LandBank Developments begins in 2026 as the next generation of the family’s real estate business. Built from the Lansdowne foundation, LandBank brings a renewed focus to active development, rental housing, commercial assets, and strategically held land.
The work is grounded in the same belief that shaped the business from the beginning: real estate rewards patience, local knowledge, and careful ownership. From legacy to landmark, LandBank exists to carry a long-standing family portfolio into its next chapter.
Sixty years in, just getting started.
You've seen where we've been. Let's build what comes next — together.
Contact Us NowThe Team
The People Behind the Portfolio
Faye Steinberg
Chief Executive Officer
Faye Sidorsky Steinberg is the Founder, Owner, and Chief Executive Officer of LandBank. Faye has worked with Lansdowne in the commercial, development and residential departments over the last thirty years. An accomplished entrepreneur and business leader, Faye brings years of executive experience from successfully founding, owning, and operating multiple companies across diverse industries. Her track record of building businesses from the ground up has earned her a reputation for strategic thinking, strong leadership, and a commitment to delivering exceptional results. Under Faye's leadership, LandBank is committed to creating value through thoughtful land acquisition and innovative planning. She believes that successful real estate investments are built on integrity, collaboration, and a long-term perspective that benefits clients, partners, and the communities the company serves.
Andrew Phonsavath
Chief Financial Officer
Andrew Phonsavath joined LandBank in 2026 and provides strategic financial leadership across the company’s investment, development, and operating platforms. He oversees capital planning, financing, financial reporting, tax, and risk management. With more than 15 years of experience in real estate and corporate finance, Andrew brings deep expertise in acquisitions, development, and long-term strategic planning. Prior to joining LandBank, he held senior finance leadership roles with a major TSX-listed Canadian multi-family REIT. He began his career with KPMG and holds a Bachelor of Business Administration from the University of Regina. Andrew is a Chartered Professional Accountant (CPA).
Kirk Steinberg
Chief Operating Officer
Kirk Steinberg is the Chief Operating Officer of LandBank Developments, where he leads the operations of the company’s commercial and residential portfolio with a heavy focus on growth and strategic direction. He holds a BCom from the University of British Columbia and began his career as a commercial leasing broker, establishing himself in the industry before moving into executive leadership at LandBank. His work blends analytical discipline with a hands‑on approach to building a modern, multi‑asset real estate organization.