The revitalization of Regent Park in Toronto, led by a partnership between Toronto Community Housing and The Daniels Corporation, has begun to transform Regent Park into a vibrant mixed-use community. The latest addition to the neighbourhood is The Sumach, a $100 million, urban rental residence for active seniors developed by Chartwell Retirement Residences, Welltower Inc. and The Daniels Corporation. The Sumach addresses the challenges of accommodating the population aged 75 and older, which will more than double in the next 20 years. Expected to be complete in September 2018, the building will add 332 units consisting of studios, one bedroom suites, two-bedroom suites and townhomes.
“The Daniels Corporation is proud to partner with Chartwell Retirement Residences on its first high density independent living project in the GTA with The Sumach by Chartwell,” said Martin Blake, Vice President of The Daniels Corporation. “This project is the type of pioneering concept which will be a very valuable addition to the neighbourhood and compliments our dedicated efforts of revitalizing Regent Park into a dynamic and multi-generational community.”
SvN provided the design, construction documentation and contract administration for a new 250,000 square foot seniors residence building. The residence will be geared towards active retired adults seeking maintenance-free living and social engagement with like-minded individuals. Click here to read more.