Urban Toronto

Urban Toronto

University Studios Student Housing Condo Opens in Oshawa

OSHAWA - In the last several years, a new category of condominium has been sold in several markets in Ontario: the student housing condo. Located near university and college campuses, the buildings are designed with particular suites and amenities that cater to student needs, while sales of the suites are aimed at investors looking for reliable income from the under-housed post-secondary students demographic. One of those buildings to recently complete is PODIUM DEVELOPMENTS and BUILDING CAPITAL’s University Studios.

Student Housing Business

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Student Housing Business

University Bridge GP Closes on $231 Million Bond Financing

MIAMI - University Bridge GP — a partnership between GLOBAL CITY DEVELOPMENT, RER VENTURES and PODIUM DEVELOPMENTS — has closed on a $231 million bond issuance for University Bridge Residences, an 886-unit student housing community currently under construction near Florida International University in Miami.

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Make a Smart Investment at University Towns in Oshawa!

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Make a Smart Investment at University Towns in Oshawa!

Rolling off the unprecedented success of University Studios, Podium Developments and Building Capital are getting ready to launch University Towns, a new collection of SmartTowns™ and large condo units in Oshawa.

University Studios sold so quickly due to the strategic location minutes from Durham College and the University of Ontario Institute of Technology (UOIT), and the innovate design of the SmartStudios™ that featured appliances, furniture, and fold-up beds that doubled as dining/work surfaces.

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With University Towns, Podium Developments and Building Capital draw on recent Oshawa success

Strong demand led to the rapid selling of every unit at University Studios, an Oshawa condo development from Building Capital and Podium Developments that appeals to both students and investors by offering below-market pricing and a location in a higher-learning hub.

Given the project’s immediate success, the two builders are teaming up once again. This time, it is to build on their previous project’s innovative model with the launch of the low-rise University Towns on the same stretch of Simcoe Street North.

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Celebrating excellence at annual BILD Awards

 

Our industry recently celebrated the many city builders whose projects, designs and campaigns are not only providing new homes but working to grow and improve our communities in the GTA. At the 36th annual BILD Awards, we recognized 64 member companies for their excellence in sales, marketing, design and construction of new homes and communities. Prizes were handed out in 48 categories.

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Introducing University Towns in Oshawa

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Introducing University Towns in Oshawa

The success of Podium Developments and Building Capital's University Studios—which sold out in just two weeks of sales—has underlined the continuing demand for student housing in college towns throughout the Greater Toronto Area and beyond. With the project now sold out, Podium and Building Capital are teaming up once again to bring a new residential development called University Towns to Oshawa's Simcoe Street North near Durham College and the University of Ontario Institute of Technology (UOIT).

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University Studios sells out quickly thanks to smart investors

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University Studios sells out quickly thanks to smart investors

At the beginning of this year, we announced that investors were showing a high amount of interest in Building Capital and Podium Developments’ new condo, University Studios in Oshawa, thanks to the innovative SmartStudios™. Well, it seems like the interest was even higher than we thought because the condo is completely sold out!

When Phase 1 opened, it only took two weeks to sell out. Then Phase 2 opened and it sold out in just two days! So why would a mid-rise, contemporary condo sell out so quickly in Oshawa? Because of the rising land values and the building’s close proximity to two post-secondary schools.

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University Studios Sells Out Quickly in Oshawa

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University Studios Sells Out Quickly in Oshawa

As a testament to the pressing demand for student housing in proximity to the University of Ontario Institute of Technology (UOIT) and Durham College in Oshawa, units have completely sold out for Podium Developments and Building Capital's University Studios. The first phase of the 8-storey Wallman Architects-designed student residence sold out in just two weeks, followed by the final phase, which sold out in an astounding two days.

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