Thompson Rivers University (TRU) Community Trust has selected Kelson Group, a local Kamloops real estate company, as the successful proponent of an RFP for the second parcel of land in the Trust’s 90-acre master-planned development called The Reach.
The request for proposals saw many developers from across the country submit their bids for consideration, with Kelson Group coming out on top.
“Every bid that was submitted was a viable bid, and we couldn’t be happier that Kelson Group, a local company with a great reputation, was able to compete and win this parcel of land,” said Frank Quinn, board chair for the TRU Community Trust.
Kelson Group is a local family owned company that started managing properties more than 40 years ago and developed their first property in Abbotsford from the ground up in 2012. They have recently completed a development in Langley and are constructing a new apartment building named Peterson Landing at 1430 Summit Drive in Kamloops that will open in the spring of 2018.
Kelson’s proposed 56,000 square foot development at The Reach will be a 4-storey multi-family rental located on the North side of TRU’s Old Main building (895 University Dr/Site A on the attached rendering). Construction is expected to start next spring with a goal of opening by September 2019.
Jason Fawcett, vice president of Kelson Group, says, “The Reach’s vision to offer a new walkable community for Kamloops, enrich the TRU campus, and return funds to support university initiatives, aligns perfectly with Kelson’s values. TRU is a very important part of Kamloops, and we are excited to have the opportunity to contribute to its growth by developing an exciting new rental building in the heart of the campus.”