KITCHENER, ONT. — The Rose Corporation has announced the completion of two new rental buildings in Kitchener, Ont.
The projects are both in central Kitchener: the Market Flats, on King Street East, and the Woodside – Highland Suites, on Spadina Road East.
The Market Flats is an infill project seven storeys tall with 72 rental units, stated a release. It is named after Canada’s oldest operating Farmers Market down the street.
The Highland Suites is a 90-unit addition to the existing and recently renovated Spadina Suites, a 103-unit rental apartment building. Amenities include a new shared lobby, fitness centre and smart parking access system.
The building leased up over four months and demand continues to be strong, stated the developer.
The Rose Corporation has completed, or has under development, over 5,000 new homes and lots with values exceeding $1.3 billion.
“Over the last eight years, the Rose Corporation and our Kitchener-based partner, Vive Development, have been committed to helping to meet the growing need for rental options in this thriving community, and we are pleased to see our vision come to life as residents start to call these important housing developments home,” said Rose Corp. president Daniel Berholz in a statement.
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