Edgewater Development Ltd

65 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 12 As the company grew, Bergstrom continued working in the aviation industry, moving into management positions outside of flying, at one time working as the chief operating officer of the national airline. However, the real estate itch rose again, and he decided to leave the management position to focus more on Edgewater, although he retained his position as an airline captain. “I refocused on our business, and we added real estate sales,” he shares. “Over the years, we’ve worked on building our portfolio in real estate, including owning rental units and doing the occasional spec home. However, my goal was to get more into development and build properties for sale.” This goal became a reality seven years ago when Edgewater Development built twelve upscale duplexes, each over three thousand square feet and with a private swimming pool for each side. Each of the duplexes sold for around a million dollars.

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