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Summerside’s new 70-unit apartment building nearly complete, already a waiting list for tenants

A rendering of the seven-storey, 70-unit apartment building being built in Summerside.
A rendering of the seven-storey, 70-unit apartment building being built in Summerside. Construction is expected to be completed by the end of the month. - Contributed

Construction of Summerside’s largest apartment building is nearly complete. 

Work at the 70-unit Portside building at 160 Water Street is expected to be done by the end of January. More than half of the building’s units are complete and have been occupied since December 2020. 

The interior of the building was finished from the top down, so the 40 units on floors three to six are done and occupied, so it is the 30 units on floors one and two that are being worked on now. 

David Arsenault, president of Arsenault Properties Ltd., a subsidiary to Arsenault Bros. Construction, said he and the company are happy to be where they are on the project. 

“It feels great. It’s been about three years-worth of work to get to this point. So, it’s good, it’s rewarding for sure,” said Arsenault. 

David Arsenault
David Arsenault

The Portside is the largest project Arsenault Bros. Construction has ever developed.

“It was definitely a learning experience through the whole thing. Something new every day.”

Of the 70 units in The Portside, 40 are available for rent at market rate while the remaining 30 will be rent-subsidized, thanks to more than $15 million in public money invested into the project by Canada Mortgage and Housing Corporation’s National Housing Strategy. 


Posted by The Portside - Summerside on Wednesday, 16 December 2020

Unfortunately for anyone hoping to snag one of those units, Arsenault said they are all spoken for and there is a waiting list of interested tenants. 

“It’s been really good interest. The location is desirable for a lot of folks. So we’re 100 per cent full and we’ve got a waiting list of names that have called in and inquired since we’ve been full.”

In terms of the company’s future plans for Summerside, Arsenault said there are ideas afoot for more projects in the city, but nothing yet beyond the conceptual phase. 

Colin MacLean is the Journal Pioneer's municipal reporter.


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