Original sentence: As of January 2007, approximately 1200 residences, and The Cornerstone building, which includes restaurants, shops, services and rental apartments are complete.In 2003, the  university commenced construction on a new residential and commercial area occupyiing approximately 200 acres adjacent to the campus, atop the mountain, called UniverCity.The area will contain up to 4,500 residential units in a number of neighbourhoods, along with a new town centre, schools, parks and other amenities.The development is noted for the first community transit pass program in Canada, and a prohibition on multi-national retailers in the town centre
Edited sentence: As of January 2007, approximately 1200 homes, and The Cornerstone building, which includes restaurants, shops, services and rental apartments are complete.In 2003, the  university commenced construction on a model, sustainable community on approximately 200 acres adjacent to the campus, atop the mountain.The community is attracting international attention for some of its innovative and sustainable features, including the first community transit pass program in Canada, a stormwater management system, and its prohibition on multi-national retailers in the town centre.The community will contain up to 4,500 residential units in a number of neighbourhoods, along with a new town centre, schools, parks and other amenities.The name is UniverCity