“We know on-campus housing is an important part of the student experience,” said Richard Florizone, U of S vice-president of finance and resources. “As an institution, we are determined to provide the kinds of housing options students want, need and can afford.”

The U of S invited proposals for the residence project from private-sector developers in mid-August in order to explore potential development models that would address the financial challenges associated with a student housing development, said Florizone. A number of companies came forward with proposals but Meridian’s demonstrated the strongest understanding of the particular needs related to student housing, he said.

“We’re excited to be working with the University of Saskatchewan,” said Colleen Wilson, a partner in Meridian Development Corp. “We understand the pressures on students to find affordable housing in Saskatoon, and the university’s desire to create an enriching environment and to finance and build projects like this on its own.”

Located in the heart of Saskatoon, the University of Saskatchewan is one of the leading medical doctoral universities in Canada. With 58 degrees, diplomas and certificates in over 100 areas of study, the University is uniquely positioned in the areas of human, animal and plant studies. World-class research facilities, renowned faculty and award winning students make the U of S a leader in post-secondary education.

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For more information, contact:

Patty Martin, Community and Media Relations Specialist
University Communications
University of Saskatchewan
Tel: (306) 966-6919
Email: patty.martin@usask.ca