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February 10, 2022

Bluevale Capital Group Expands Affordable Housing in St. Catharines with Historic Acquisition

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Bluevale Capital Group Secures Key St. Catharines Acquisition to Expand Affordable Housing

Bluevale Capital Group has acquired the former Queensway Hotel in St. Catharines, Ontario, for $8.2 million, marking its first multi-residential investment in the city. The project will include a $2.6 million renovation, adding seven new units to the 52-unit building, with a focus on affordable housing. The redevelopment aligns with Bluevale's mission to support community growth and address regional housing shortages, particularly through transit-oriented projects close to educational institutions and transit hubs.

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City of Calgary Awards Bluevale Capital for Office-to-Residential Conversion Projects, Creating 128 New Homes in the Downtown Core

Bluevale Capital has been awarded $8.3 million through Calgary’s Downtown Development Incentive Program to convert the underused 18-storey tower at 510 5th St SW into 128 new rental homes, supporting the city’s plan to remove vacant office space and expand housing supply. The project delivers a faster, more cost-effective, and climate-friendly alternative to new construction, with homes intentionally designed for underrepresented renters such as young workers, seniors, veterans, and multigenerational families. Suites will feature in-suite laundry, modern finishes, high ceilings, and dedicated storage, alongside amenities including a work-from-home hub, secure bike storage, an upgraded lobby, and ground-floor retail.

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Bluevale Capital Accelerates Adaptive Reuse Strategy with 96-Unit Conversion of Former CT Hotel

Bluevale Capital has acquired a former Connecticut hotel for $9 million and is converting the property into a 96-unit multifamily community. The project strengthens Bluevale’s U.S. portfolio, expands its adaptive reuse strategy, and creates a high-value housing asset in a growing market.

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London’s first office-to-apartment conversion set to open in under a year

Bluevale Capital Group has transformed 376 Richmond Street into 23 affordable studio and one-bedroom apartments in under a year, marking London’s first office-to-residential conversion.

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Join the Trellis Society Soiree to Support Calgary’s Youth and Families

The Trellis Society Soiree invites Calgary’s community to raise funds for youth and families facing homelessness, poverty, and mental health challenges.

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Community Spirit Takes the Lead

The Calgary Marathon Race Weekend, Canada's longest-running marathon and Alberta's top-rated road race, sold out quickly. Team Trellis jumped on the chance, bringing together an impressive team of 62 participants across various events, from Madhav’s inspiring 60 km run to our youngest racers in the kids' marathon.

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Calgary’s Soaring Housing Demand Sparks Creative Solutions from Developers

Calgary's housing market is experiencing record-high prices and unprecedented demand, largely fueled by out-of-province buyers attracted by lower costs compared to Ontario.