Stafford and Deveraux Group of Companies Partner on Purpose-Built Rental Building in Toronto's Annex Neighborhood
📅 2 month ago
Stafford and Deveraux Group of Companies have announced a strategic development partnership to co-develop a 12-storey, 159-unit purpose-built rental building at 914 Bathurst Street in The Annex neighborhood of Toronto. The project aims to address the city's housing shortage and affordability challenges by providing high-quality rental housing in a well-located, transit-oriented area.
This news is significant in the residential construction sector in Toronto, as it highlights the collaboration between two established companies to address the city's housing needs. The project reflects the growing demand for purpose-built rental housing in urban locations and emphasizes the importance of sustainable and energy-efficient building practices.
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transit-oriented
sustainable building
partnership
urban development
energy-efficient
purpose-built rental
housing shortage
Toronto
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