UW redevelopment being watched "very closely" by other colleges & U's
WindsorOntarioNews.com May 30 2025
https://www.windsorontarionews.com/windsor-ontario-news-real-estate.html
City council has approved a tax incentive for an ambitious new student residence at the University of Windsor called Residence West. The redeveloped 12 storey building, now Macdonald Hall, is a cooperative endeavor with private partner Tilbury Acquisitions. The property is located northwest of Sunset Ave. and Wyandotte St. W. and redevelops an existing long time campus site including the now vacant building. It will house 71 students and staff, having 1-to-4-bedroom suites. The basement will feature a “micro market”, theatre room “and other amenities,” according to a city council report. Council approved the financing this week. Tilbury will lease the property from the university. The city will provide an annual grant equal to 100% of the increase in property taxes as a result of the new assessed value following construction. Payments will last five years. It all comes under the city’s Community Improvement Plan (CIP) designed to help rehabilitate and redevelop neighbourhoods. Total construction costs are estimated at $18.5 million and the grant totals 1.25% of costs. For example, the current taxes are $135.8, estimated future taxes $181.8 so the difference of $46,000 would be covered by the city or $230.3 over five years. A university official suggested to council the complex is innovative and “universities and colleges across Canada are watching this project very closely.” That’s in part because it will “support our future enrollment growth all the while preserving an existing structure and reducing the environmental impact of demolition and new construction.” She said it will “directly impact the availability of on campus student housing rentals particularly for upper year and graduate students a group that faces some of the most significant housing challenges in our community.”
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