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TORONTO — Arcadis has announced it has been selected by Cedar Podium Investment Management as the design architect and architect of record for Toronto Metropolitan University’s (TMU) new 21-storey, purpose-built student housing project.

The firm will provide interior design services for the building’s academic spaces, including the auditoriums and study areas.

According to a release, will add 1,382 beds to TMU’s downtown campus and is being backed by an $83 million investment from the Government of Ontario’s Building Ontario Fund.

The development will more than double the capacity of student housing from 1,144 to 2,526 beds and will offer 393 suite-style units, most following a three-bedroom model that combines private and shared rooms. Each suite will include an eat-in kitchen and residence rates are anticipated to remain significantly below average rental market rates in Toronto.

“Designed to support both academic and residential needs, Arcadis designed the building’s two large auditoriums, along with building-wide lounges, study areas, and creative spaces, in partnership with Cedar Podium Investment Management,” the release adds.

Located on a “key axis” between TMU’s main campus and Sankofa Square (formerly, Yonge–Dundas Square), the residence introduces “a contemporary form defined by two distinct vertical volumes wrapped in a striking bronze-and-white façade pattern.”

The development will be delivered in partnership with Cedar Podium Investment Management, with excavation slated to begin in 2026.