Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly equipment news

Construction News

Thu September 21 2017

Related Information
Related Information
Related Information

News » Canada » Developer picked for BC university project » published 8 Sep 2017

Developer picked for BC university project

Thompson Rivers University (TRU) in British Columbia has entered into a partnership agreement for a 90-acre development project.

The agreement is between the TRU Community Trust and Kamloops real estate company Kelson Group.

The Reach is a master-planned community being built on the TRU campus to provide the university with financial support.

TRU said that Kelson Group stood out from developers across the country who submitted bids under the trust’s request for proposals to develop the second parcel of land at the site. “Every bid that was submitted was a viable bid, and we couldn’t be happier that Kelson Group, a local company with a great reputation, was able to compete and win this parcel of land,” said trust chair Frank Quinn.

Kelson Group is a locally owned company that has been in business for more than 40 years.  

At The Reach, Kelson Group plans to build a 56,000-square-foot, four-storey multi-family rental property. Construction is slated to start in spring of 2018 with a completion date in September 2019.

“The Reach’s vision to offer a new walkable community for Kamloops, enrich the TRU campus, and return funds to support university initiatives, aligns perfectly with Kelson’s values,” said Jason Fawcett, vice-president of Kelson Group. “TRU is a very important part of Kamloops, and we are excited to have the opportunity to contribute to its growth by developing an exciting new rental building in the heart of the campus.”

 

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Equipment News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 8 Sep 2017 (last updated on 8 Sep 2017).

More News Channels