RENX: Skyline and Solmar begin 1,290-unit apartment community in Brampton

As featured on RENX.ca:

Construction is underway for Rose Towers, a new 1,290-unit purpose-built rental community at 241 Queen St. E. in Brampton, Ont. being developed by Skyline Group of Companies and Solmar Development Corp.

Solmar acquired the site, which was formerly home to an automotive dealership, about five years ago. It was originally contemplated as a condominium development before it was decided to go the rental route and Skyline came on as a partner.

“The city and the Region of Peel decided to, for a limited time, reduce development charges for rentals,” Greg Jones, the president of Skyline’s development arm, SkyDev, told RENX. “That gave us what we needed to invest and give attainable rents to people.”

“The rental market is such a strong and good option for a lot of people,” Solmar chief executive officer Blake Lyon said in the same interview. “A lot of new Canadians come in and it’s a great place for them to get into a rental product first before they become home buyers.”

Read full article on RENX.ca: Skyline and Solmar begin 1,290-unit apartment community in Brampton

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About Skyline

Skyline is a capital management company that acquires, develops, and manages real estate properties and renewable infrastructure assets, and offers them as private alternative investment products.

Skyline currently manages more than $10 billion* in assets across its real estate and renewable infrastructure platforms.

With approximately 1,000 employees across Canada, Skyline works to provide safe, clean, and comfortable places for tenants to call home, great places to do business, sustainable solutions for a greener future, and an engaging experience for its investors.

For more information about Skyline, please visit SkylineGroupOfCompanies.ca.

*Includes all Skyline entities under common management and control. As at March 31, 2026.

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