The Augustana property is set to change the skyline and lifestyle in Edmonton’s government district. Just steps away from the bustle of the Alberta Legislature, this 30-storey mixed-use development will perfectly blend residential purposed built rental and commercial needs in the heart of the city.
When construction is completed in 2020, this building will house 240 residential apartment units for lease that range from studio spaces to three bedrooms. With the help of our partners at the University of Alberta, this property will also have movable wall technology in studio suites, which will allow residents to create configurations of one-bedroom living spaces within a studio footprint. The building also possesses 6,400 square feet of commercial space on the ground floor.
Probus Project Management made the Augustana project commercially viable by directing the redesign of the typical plates, increasing the efficiency of the tower and modifying the mechanical/electrical systems.
The building amenities will include underground parking, concierge service, comprehensive fitness facility on the second floor and a vibrant community area with a large kitchen, dining and lounge area and an outdoor rooftop patio will be housed on the penthouse of the building.
Probus is a minority shareholder in this venture. We selectively co-invest with our customers in long term quality assets.