Academic Residences Get An A+
Knightstone’s Unique Program Gives Students A Place To Call Home
While post-secondary institutions have changed to meet the modern needs of students, typical dorm-style housing has failed to evolve — and universities and private developers have taken notice.
Redefining Toronto’s student housing landscape is Knightstone Capital Management Inc., with its three purpose-built mixed-use academic assets. These projects offer professionally managed and operated residences designed with a student’s modern lifestyle in mind; from custom furnishings to transitional study spaces.
“Today’s students expect more. Beyond providing a bed and amenity space, there must be a focus on creating a sense of community and belonging,” says Patrick Miksa, Knightstone’s VP of Academic Assets. “Students need to be comfortable and be given various learning spaces to succeed.”
Opening this fall, Knightstone’s newest building — The Parkside Student Residence — is located near Ryerson University on Carlton Street. Designed by Diamond Schmitt Architects, the $25M overhaul will retrofit the former Best Western Primrose Hotel. Once complete, it will feature an all-day dining program, fitness centre, gaming rooms, 24-hour security, concierge service, and dramatic study and social spaces.
Knightstone is also embarking on an unparalleled new development across from UofT’s downtown campus. Opening in 2017, University Place will be a LEED, 25-storey purpose built facility that will house approximately 850 students and offer ground-floor retail, food service, exceptional amenities and a superior student experience.
In Scarborough, Knightstone has partnered with Centennial College to create 353,000 sq. ft. LEED silver student complex that will house more than 700 students. It will also be home to Centennial’s School of Hospitality, Tourism and Culinary Arts as well as a conference centre and restaurant.
“All three projects speak to Knightstone’s unique understanding of a modern student’s needs; parents’ desire for safe, comfortable housing for their children; and the necessity to help Toronto’s post-secondary institutions compete globally,” adds David Lehberg, President of Knightstone Capital.
Visit live-parkside.com or call 416.977.8000