Business
Global Education Communities Corp. Launches the 16th GEC Branded Building in Metro Vancouver
VANCOUVER, BC / ACCESSWIRE / August 12, 2024 / Global Education Communities Corp (" GECC " or th...
About this update from Global Education Communities Corp
[{"type":"text","content":"Global Education Communities Corp. Launches the 16th GEC Branded Building in Metro VancouverVANCOUVER, BC / ACCESSWIRE / August 12, 2024 / Global Education Communities Corp (\"GECC\" or the \"Company\") (TSX:GEC)(OTCQX International:GECSF) is pleased to report that the Company will take possession of GEC® Kingsway on August 9, 2024. Leasehold improvements will commence upon possession, with safety, cleanliness, convenience, and comfort features consistent with other GEC® branded properties throughout Metro Vancouver.About GEC® Kingsway:GEC® Kingsway is located at 4589 Gladstone Street (corner of Kingsway and Gladstone), Vancouver, B.C. The property received its conditional occupancy permit earlier this month and is expected to be fully operational under the GEC® brand by late August 2024. Students and tenants are expected to move in before the new academic season starts.GEC® Kingsway is a six-storey building spanning nearly one city block, with over 78,000 SF of residential area. The facility will accommodate nearly 300 beds, with amenities including a fitness centre, student lounge, roof deck patio, and underground parking. Customary to all GEC® branded properties, GEC® Kingsway will be fully furnished with beds, sofas, dining room tables and chairs, kitchen utensils, bedding supplies, fibre optic internet, monitored surveillance, all utilities included, weekly housekeeping and resident caretakers. GEC® Kingsway offers several levels of long-term accommodations and pricing, ranging from affordable economy to premium units with an expansive view, fully furnished and air-conditioned.GEC® Kingsway is on a main thoroughfare, approximately an 8-minute walk to the Nanaimo SkyTrain station and an approximate 10-minute ride to downtown Vancouver, where hundreds of public and private institutions are located. In addition, GEC® Kingsway is near the geographical centre of Vancouver, with easy access to Metrotown and BCIT in Burnaby, as well as Vancouver Community College on East Broadway. Public transit is conveniently located in front of GEC® Kingsway, with easy access to the Vancouver International Airport, the City of Richmond, and the University of British Columbia, which is located on Vancouver's west side.\"Since 2015, we have launched or announced 15 other GEC® brande...