Emily Carr University and Applied Arts Partners complete financial close
The Canadian Emily Carr University and Applied Arts Team have completed financial close for the Emily Carr University of Art + Design campus redevelopment PPP project.
Applied Arts Team is composed by: Brookfield Financial Corporation, EllisDon Corporation, EllisDon Capital Inc., Fengate Capital Management Ltd., Diamond and Schmitt Architects Incorporated, Chernoff Thompson Architects, and Johnson Controls Inc.
Founded as Vancouver School of Art in 1925, Emily Carr is the only specialized post-secondary institution in B.C. offering programs in visual arts, media arts and design exclusively. Emily Carr is one of only four such institutions in Canada and is consistently recognized nationally and internationally for the excellence of its faculty, students and alumni.
Emily Carr has outgrown its current Granville Island campus due to increased student demand and the need to accommodate current and emerging program areas. International student applications to the university have grown by 46% over the last five years and currently 19% of FTE students come from outside Canada.
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