The 1.27 ha vacant school building site will be developed by the GEF Seniors Housing into a 158-suite affordable seniors complex. The building, known as Sakaw Terrace, will contain both apartments and lodge rooms, along with the following amenities:
- A commercial kitchen
- Two courtyards and a communal greenhouse
- A salon
- An exercise facility
- A tuck shop
- A theatre room, and
- Underground parking
The $42.7 million development is enabled with the following funding support:
- $20 million in provincial funding
- $4.2 million in City Cornerstones funding
- $2.5 million in City land value
- $1.1 million from GEF Seniors Housing
- $15 million mortgage