Ryerson University continues to transform Toronto's downtown; the school recently announced a partnership with
MPI Group to develop a new, 500-bed residence at 186-188 Jarvis St (currently occupied by a parking lot). As reported by the
National Post, construction on the new residences—estimated to be about 20-storeys high—is set to begin in 2014.
"Ryerson University is once again turning to the private sector as it expands in downtown Toronto. The university announced on Monday it will be partnering with MPI Group to develop a new, 500-bed residence."
"This is the first public-private partnership in student-housing development for the university, but the school partnered with the private sector in the construction of the Ted Rogers School of Business Management. It also sold airspace above the AMC movie theatres in return for the use of the theatres for day-time lectures."
"According Monday’s press release, the university has more applications for available residence spots than any other university in Ontario. Due to the high demand, this building represents just the first of 2,000 new spaces the university plan to add by 2020."
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National Post