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IBI Group

09:54 AM EST - IBI Group : Will lead the consultant team, as part of the design-build contract awarded to Pomerleau Inc. on behalf of The University of Toronto Scarborough Campus (UTSC), for a 750-bed Passive House Student Residence. The project aims to become one of the largest Passive House projects in North America, incorporating advanced energy efficiency principles and construction techniques. It will provide much needed student housing to the UTSC inventory to accommodate both short- and long-term campus growth projections, and is envisioned to become a social hub on the north campus, incorporating student life spaces and a large dining hall/servery. Consulting work is commencing immediately, with an anticipated project completion of December 2022. IBI Group shares T.IBG are trading unchanged at $4.79.