The Rose Corporation, a Reading, Pennsylvania-based real estate development and management firm, has completed its newest rental project with The Bakerfield II in Newmarket, Ontario.
The 10-story building is the fourth phase of the company’s 834-unit community in Newmarket and offers 175 suites in layouts ranging from one- to three-bedroom plus den. The Bakerfield II’s amenities include a golf simulator, co-working spaces and additional lounge and gym area, social lounge, screening room, games room, indoor children’s play zone, outdoor children’s playground, pet spa, car wash, automated parcel lockers, electric vehicle charging stations and a fireside lobby lounge.
The Bakerfield II is The Rose Corporation’s third purpose-built rental building built since 2015 in the 6.8-acre, master-planned community that also includes a 15-story condominium tower also completed earlier this year.
“The opening of The Bakerfield II is a milestone for The Rose Corporation, marking the completion of this landmark residential development” says Daniel Berholz, president of The Rose Corporation. “Newmarket, like other communities and urban centers across Ontario, is facing a very real housing crisis, marked by a shortage of rental housing. Our ability to deliver new purpose-built rental projects that offer an elevated living experience will – we believe – fill a void in the local market.”
