McMaster Graduate Student Residence Project

preferred proponent

Opportunity McMaster University has 1,200 graduate students and 300 Postdoctoral Fellows each year and would like to increase its capacity to provide them with housing. The university is seeking a private sector proponent with previous experience in student housing development or comparable property development to deliver graduate student residences through a public-private partnership. Innovations McMaster is looking to enter into an agreement in which revenues, costs and risks are shared between parties but the private partner may be required to secure a site within a 30 minute of the university as land will not be provided on campus. Results The project would provide 300 to 500 beds for graduate students. The university is open to different configurations and will consider proposals that include 30,000 square feet of “experiential learning space.” Rental prices for each of the apartments will ideally be reflective of the pricing in the downtown Hamilton area. A ground-level or underground parking will likely be included

High