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B.C. investing in $560M UBC housing project

Wednesday, August 21, 2024

The B.C. government is investing in a new 1,508 student bed housing project at UBC.

The $560 million project is the province’s largest capital investment and the largest number of student beds to date. The provincial government is providing $300 million and UBC providing the remaining $260 million.

The complex will be built in the Lower Mall Precinct at UBC with five buildings, ranging from eight to 18 storeys, with 1,508 new student housing beds (1,333 new and 175 replacement).

The project will also include a 400-seat dining hall; 37 new child care spaces; common amenity space; and academic and administrative office space to accommodate the displaced St. John’s College.

The new buildings will focus on providing homes to graduate students. Child care on campus will make it easier for students, faculty and staff with children to streamline their daily routines through one nearby drop-off and pickup location.

Construction is set to begin in fall 2026. The project is expected to be open for students in phases, starting in fall 2028 and completing in fall 2029.

Design and construction of the complex will target LEED Gold. One of the five buildings will be built using mass timber.

“We know people want to find homes near where they live, work and study in British Columbia,” said Premier David Eby. “Our government is building on-campus housing at an unprecedented pace – including our biggest project to date right here at UBC – helping more students find a safe, secure and affordable place to call home and relieving pressure on the rental market. This is just one way our government is tackling the housing crisis so everyone can find a good home at every stage of life.”

 

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