Parkwood Place Apartments – Guelph

Highstreet Ventures Inc. (Highstreet) is a Kelowna-based developer of mid-rise residential buildings. Highstreet focuses primarily on creating affordable, condo-quality rental suites designed for functionality and energy efficiency.

Highstreet invited Maple Reinders to provide a stipulated price for the project. After our bid submission, it was agreed to move forward based on a Construction Management basis and to roll the project into a stipulated price after the completion of Value Engineering.

Parkwood Place Apartments consists of three four-storey buildings each with one level of underground parking. The underground parking structure is a cast-in-place structure with the above-grade structure being the wood frame. The building exterior is a combination of stone and Hardie board siding.

In total, there are 161 rental apartments with a gross floor area of approximately 233,000 SF. The building design obtained Gold designation from the Built Green® program and is the first high-density certification project in Ontario. Additional insulation, high-performance windows, and mechanical systems; uses of ERV’s, Energy Star® appliances, rooftop solar array, and LED lighting are part of the project’s sustainable design.