UBC completes Theory building, adding 136 suites to faculty, staff rental buildings

The University of British Columbia has completed the Theory building, which is one of three buildings that will provide more housing options for staff and faculty. The Theory building offers 136 units, ranging from studios to four-bedroom apartments, at a price point that is around 25% lower than market rates. “UBC has long recognized the need for affordable homes for its students, faculty and staff because we know the Metro Vancouver housing and rental market is financially challenging,” said UBC Vancouver Provost and VP Academic Gage Averill. “That’s why, over the last decade, the university has invested heavily in building housing for our community, so UBC can continue attracting and retaining exceptional students, faculty and staff.”

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