News ReleaseMinistry of FinanceOctober 5, 2026

Trent plans two residences and new academic space

A $100 million provincial investment will help add on-campus housing and learning space at Trent University, with construction expected to finish in August 2029.

Summary

Ontario’s $100 million investment will support two new residences and academic spaces at Trent University’s Symons Campus in Peterborough.

  • Housing: 1,400 student beds in Gidigaa Migizi College and Otonabee College.
  • Academic and student space: About 134,000 square feet, including lecture halls and student support spaces.
  • Timeline: Construction is expected to be complete in August 2029.
  • Financing: The provincial investment is part of a $384 million financing package with Trent University, HOOPP and Knightstone Capital Management. The investment will be repaid after the residences are occupied and generating revenue.

Related links

Source: Ontario Newsroom

Official release