Proposed Calgary tower aims to meet student-housing demand
A budget motel and a Boston Pizza in Banff Trail, northwest Calgary, could soon be replaced with the city’s first privately developed student accommodation tower. Toronto-based developer, Campus Suites, has applied to transform the site into a 28-storey residence, aimed primarily at undergraduates, and it hopes to break ground by the end of 2017.
“The owner is looking to better utilize the land by densifying,” explains Henry Morton, president of Campus Suites, “which coincides with an intention from the city to increase transit-oriented development in this community and our search for a foothold in Calgary. The timing is perfect.”
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