The Labourers’ International Union of North America (LIUNA) broke ground on a new mixed-use building in Hamilton, Ontario, that will feature more than 500 residential units, as well as office and heritage space, including the LiUNA Local 837 office.
The 75 James Street South development will help to address significantly increased residential needs in the downtown core from people, including millennials priced out of the Toronto market, students and retirees. The site location is transit-oriented and pedestrian-friendly, offering easy access to necessities, work, school, and entertainment.
The LiUNA Pension Fund of Central and Eastern Canada (LPFCEC) fully invested in the building to be built in partnership with Fengate Asset Management, The Hi-Rise Group and SG Constructors.
“LiUNA’s footprint in our community continues to compliment the growth and future development of the city while addressing infrastructure needs including this new residential build with a fully funded investment by LPFCEC,” said Joseph Mancinelli, Chair of LPFCEC, LiUNA International Vice President and Regional Manager for Central and Eastern Canada.
“The visionary 75 James St. South will continue to further economic growth and development including commercial, transit and residential infrastructure.”