Ryerson unveils plans for new private student residence

February 28, 2012

Ryerson University announced Monday a new student residence project in downtown Toronto that will add more than 500 spaces to its residence spots -- the first wave of a plan to have 2,000 additional residence spaces by 2020. The residence is the focus of a public private partnership; the private developer will cover all the construction and development costs while Ryerson will provide the student tenants for the building as well as a range of residence student life services. Preliminary plans for the residence feature a 2-storey podium providing retail and other services, and a 20+ storey building offering a mix of one, 2, 3, and 4 bedroom units. Slated to open in September 2016, the residence's amenities will include laundry, shared kitchens, modern open concept living spaces, open terraces, and glassed-in lounges. Ryerson News Release