Student leaders advocate for housing diversity as Laurent Tower opens
Student housing development Laurent Tower opened its doors for its first residents in September, but it's merely one piece of the housing puzzle, student leaders say.
The tower is one of Edmonton's only privately owned, purpose-built student housing facilities, meaning the units are furnished and amenities are designed with students in mind. The building, which sits across the street from the University of Alberta at 8621 112 Street NW, is Maclab Development Group's first venture into student housing.
"We saw an opportunity that U of A was going to grow significantly, and I thought there was an opportunity to provide a solution for students to live near campus, in a safe, secure, really attractive built environment," Maclab CEO and president Bill Blais told Taproot.
The U of A announced plans in September to increase enrolment by 35% to reach 60,000 by 2030.
Laurent Tower can house nearly 500 tenants, with dedicated units for graduate students. It features a gym, shared laundry, a patio, and communal spaces. Studio apartments for undergraduate students start at $1,600 per month; they can also share a two-bedroom or four-bedroom unit, leased by the bed for $1,200 or $890 per month.
Although student-dedicated spaces like this are a good option for some students, campus leaders want to see more.
"A lot of students will quite happily pay those prices for that access, but a lot of students won't be able to either," said Chris Beasley, vice-president external for the University of Alberta Students' Union. "And so the question is, how do we encourage different kinds of density in areas around the university at different price points for different students?"