[AlbertC]

Elysium builds, buys sites for Yarra student housing platform

It's a busy time at Yarra, the purpose-built student housing platform of Elysium Investments Inc. Plans have been unveiled for its first development in Guelph, Ont. and the firm is about to close on a development site in Toronto.

renx.ca

210, 214, 222 College Avenue East

An Official Plan Amendment and Zoning By-law Amendment applications have been received from GSP Group Inc., on behalf of EM Guelph Developments Limited

guelph.ca

An Official Plan Amendment and Zoning By-law Amendment applications have been received from GSP Group Inc., on behalf of EM Guelph Developments Limited Partnership to facilitate the development of a ten-storey, 153-unit purpose-built housing with 65 parking spaces and 2,477 square metres of common amenity areas on lands municipally addressed 210, 214 and 222 College Avenue. The Official Plan Amendment is proposed to redesignate the subject lands from Low Density Residential to High Density Residential with a site-specific policy to permit a maximum net density of 425 units per hectare for a Post-Secondary School Residence.

 

[Lenser]

That's pretty sweet. Going to be in Guelph this weekend, shame it's not yet a reality!

 

[Paclo]

More info on Yarra:

Elysium Investments Launches Yarra, a Dedicated Platform for Design-Led Student Living | UrbanToronto

Elysium Investments has introduced Yarra, a purpose-built student housing brand focused on affordability, design, and community across Ontario. With projects underway in Guelph and Downtown Toronto, Yarra aims to change how students live, study, and connect.

urbantoronto.ca