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Harrison Street partners with Gracorp Properties for third Calgary student housing investment

Harrison Street and its partner Gracorp Properties are launching the development of a 645-unit student and working professional housing project in Calgary’s University District, its third investment in the neighbourhood.

Named Block 22, ground has just been broken at the site and completion of the 12-storey building is scheduled for August 2027, in time for the start of the 2027-28 academic year.

Harrison Street, which is based in Chicago, is partnering for a second time in the city with Vancouver-based developer Gracorp, with which it has already collaborated for the 440-bed Encore project in the University District.

Company

Harrison Street

Law Firm / Organization
Goodmans LLP

Company

Gracorp Properties

Law Firm / Organization
McMillan LLP
Financing/Investment
Infrastructure
Undisclosed/Confidential
Closed
21 October 2024