Fengate has partnered with Regional Group to develop purpose-built rental apartments in Ottawa, a high-need housing option in the region. The two buildings will be located at the entrance to Regional Group’s master-planned waterfront community, Greystone Village, and will provide ground retail and 245 units of high-quality rental housing. When complete, Regional Group will be managing the properties on behalf of the investors. Building amenities will include roof-top terraces with gardens and dog areas, fitness facilities, state-of-the-art building security and mail rooms, underground vehicle and bike parking, storage, and gathering areas.
Greystone Village is Regional Group’s LEED® ND master-planned community of over 1,000 homes. It is located between the Rideau Canal and Rideau River, and is within walking distance to trails, parks, the new Ottawa LRT (Lees Station), and Lansdowne Park.