The Labourers’ International Union of North America (LiUNA) recently celebrated the ground-breaking of a new purpose-built rental development located at 500 Upper Wellington Street in Hamilton, Ontario. The six-storey building comprising 261 rental suites is part of LiUNA’s ongoing work to drive the revitalization of Hamilton.
The LiUNA Pension Fund of Central and Eastern Canada (LPFCEC) is the lead investor for the development, which is being built in partnership with Fengate Asset Management and Ingenuity. Construction is expected to be completed in 2026.
The ground-breaking ceremony in June featured remarks from Joseph Mancinelli, Chair, LiUNA Pension Fund of Central and Eastern Canada; Andrew Konev, Senior Vice President, Development, Fengate Asset Management; and Mario Viti, Chief Executive Officer, Ingenuity. The opening remarks were followed by a ceremonial ground-breaking featuring Mr. Mancinelli, LPFCEC trustees and executives, and representatives of the project partners.
“LiUNA has an extensive footprint in the city of Hamilton and we are proud to continue this momentum and ensure reliable and affordable housing supply extends beyond concept and into reality,” said Mancinelli. “Together with LiUNA investments at 75 James Street, King William Residences, 20 Rebecca Street, among many others, 500 Upper Wellington will have a positive impact on our community as we work proactively and collaboratively to meet the future growth of our city. This purpose-built development will deliver in-demand housing supply to meet the diverse and evolving demands of our communities while moving our economy and city forward.”
According to the partners, future residents will benefit from the site’s convenient access to downtown Hamilton and the host of onsite amenities planned for the development. The building will be pursuing LEED designation and is slated to include sustainability-focused features such as a green roof, geothermal heating and cooling, and energy-efficient building systems. Plans also include integrated technology features that will enable residents to manage their homes and access building services remotely.
