Park West is the largest student housing project in the country, with 3,406 beds on the west side of the Texas A&M campus in College Station, TX. The project completed on time and opened to residents in the fall of 2017. The luxury student housing community consists of studio, one, two, three and four bedroom apartment configurations. At the center of the complex, an eight-story building includes a central parking garage, amenity deck and fitness center. Additional beds are in two five-story mirrored buildings and several townhome style flats around the perimeter of the complex.more
The Claremont Colleges Mixed-Use Student Housing project is located on the Campus of Keck Graduate Institute in Claremont, California. It will be comprised of 292 apartment style units with approximately 400 beds and totals 224,00 square feet with 10,000 square feet for classroom space. The residential amenities include a private courtyard with a swimming pool, a fitness center, study rooms, “hotel style” lobby/lounge and a beautifully landscaped public plaza that can be utilized for ceremonies and other campus events. Additionally, the project will provide 212 new parking stalls around the campus. The 15-month project began construction on May 1, 2017 and is expected to be completed by early August, 2018.more
Expected to be ready for the 2018 football season, a yet-to-be-named hotel and conference center situated near the heart of Texas A&M's ever-growing campus is expected to be "an integral enhancement" to the on-campus facilities, Texas A&M University System Vice Chancellor for Business Affairs Philip Ray said.
Once completed, the hotel will join the Cain Parking Garage just off Wellborn Road at the previous site of Cain Hall. The 250,000-square-foot project is planned to include a full-service restaurant and bar, 1,000 square feet of retail space, an outdoor pool, a fitness center, an outdoor event area, a 650-seat ballroom and more than 28,000 square feet of conference and meeting space. The eight-floor hotel will have 250 rooms -- 237 standard rooms, eight standard suites, three hospitality suites and two deluxe suites. Ray said room costs still are being determined. The hotel is being constructed by Gilbane Development Company and will be operated by Benchmark Hospitality. Ray said to fund the project, the university is utilizing a public-private...more
Florida International University
In March 2015, NCCD was successful in partnering with the development team led by Servitas and with $56 million of tax-exempt financing provided by Raymond James. Raymond James served as the sole manager for two series of Revenue Bonds issued by the Miami-Dade County Industrial Development Authority for student housing on the Biscayne Bay campus of Florida International University.
Florida International University Is a fast growing, state-supported university located in Miami, Florida. Founded in 1969, the University’s fall 2014 enrollment was over 54,000, one of the largest of Florida’s public university system. As part of its growth strategy, the University is adding new programs to its Biscayne Bay campus in North Miami. Prior housing on the Biscayne Bay campus was outdated with a high degree of deferred maintenance. The University decided to replace the existing housing with a new 9-story facility to be built on campus.more
Las Cruces Public Schools
In 2010, the Las Cruces, New Mexico community faced an education crisis which created a serious deficiency in the local workforce and proved a major deterrent for new businesses considering relocation to the area.
Las Cruces Public Schools and New Mexico State University proposed building an Early College High School (ECHS) as an innovative way to remove barriers preventing student success. This unique concept focuses on improving academic achievement and providing workforce opportunities for students.
While both business leaders and education advocates strongly supported instituting an ECHS in the area, they lacked the up-front financing to make it a reality. In August 2010, NCCD worked with Las Cruces Public Schools to structure and execute a tax-exempt lease purchase for funding the costs associated with design development and construction of the $18.5 million Arrowhead Early College High School.more
North Central Texas College
NCCD successfully partnered with North Central Texas College to purchase and develop a 35,000 square foot building to be used as a classroom and administrative space for the college’s new satellite campus in Flower Mound, TX. To finance the project, NCCD secured $9.7 million in tax-exempt revenue bonds as both borrower and titleholder. NCCD then entered into a tax exempt lease purchase agreement with the college where every lease payment has a principal and interest component similar to a home mortgage. At the conclusion of the level debt service payments title to the facility will transfer to the college for $1.00.
In addition to the building’s purchase, North Central Texas College was able to secure the necessary financing to contract with a local developer to finish the build out the space through the agreement. For this particular project, the ability to work with the right contractor was especially essential because the college was under a time crunch to complete the building before classes began.more
Drake West Village is a contemporary interpretation of the surrounding residential neighborhood that complements the adjacent campus and Greek Row housing with its scale and building materials. The concept for the project was to develop a “village” atmosphere where students are part of a lifestyle community where they can live, work, study, and socialize within this unique environment.more
Student living facility now under construction in Spartanburg, South Carolina. It is a $10.5 million project for 125 beds of student housing. Over the coming months, new suite-style junior housing will begin to rise on the east corridor of the back campus quad. The 120-student-bed facility will open in fall 2017, bringing the next phase of Converse College’s Housing Master Plan to fruition.
The new three-story, 40,000-square-foot building will be located at the site of the former Morris Hall. It will contain six-bedroom suites centered around a living room, two bathrooms, a small dining area, and kitchenette. Its design aims to facilitate community at both smaller and larger scales throughout the building.more