Purpose-built housing shapes new vertical campus
AI Article Summary
Arcadis has been chosen as the design architect for Toronto Metropolitan University's new 21-storey student housing project, funded by an $83-million investment from the Government of Ontario. It marks the first student housing project under the Building Ontario Fund. The Bond Street development aims to double the student housing capacity, offering 393 suite-style units. The building will integrate both academic and residential spaces with modern amenities.
What This Means for Canadian Contractors
This project shows how public funding can drive significant growth in student housing, especially in urban centers like Toronto. For Canadian builders, this means potential opportunities for similar projects as government involvement may encourage more vertical campus developments. The integration of academic and residential spaces can also lead to innovation in prefabrication and construction efficiency.
