Purpose built apartments are a focus of our future growth, we are planning on continuing to seek out great locations and suitable projects in the coming years. PK works with numerous esteemed institutional partners on many of our projects and we look forward to growing these relationships in the years ahead. We have a long term vision on where we will take this part of our business. We are very excited for our forthcoming ventures in this area and hope to eventually make purpose built apartments one our perfected specialties!
PK did its first purpose built apartment complex in Saskatoon in 2013. Since then we have completed 662 rental units in 5 projects in two provinces. Presently, we have a project in Calgary, Kingsland, it is a 109 assisted living concrete building with construction charging forward. Closer to home, we are building 96 units in the mature neighbourhood of Holyrood. We are doing a complete renovation on the existing apartments and injecting 85 brand new units. We are moving forward with the vital addition of an underground parking lot in order to compliment the existing structures. In the near future, we will also be starting 202 units in the wonderfully serene community of Walnut Grove located in Langley, BC .
