Student housing has been one of the bright spots in the multifamily construction sector in recent years. Demand for higher-quality housing on university and college campuses has led developers and builders, including Toll Brothers and Brandywine Realty Trust, to invest in new construction projects. But, as CoStar Group's Randyl Drummer writes, the boom in student housing, combined with lower-than-expected college enrollments, slowed preleasing, and rising university tuition, may be cause for concern for oversupply in the market.
READ DRUMMER'S FULL REPORT
Related Stories
| Nov 28, 2011
Armstrong acquires Simplex Ceilings
Simplex will become part of the Armstrong Building Products division.
| Nov 28, 2011
Nauset Construction completes addition for Franciscan Hospital for Children
The $6.5 million fast-track, urban design-build projectwas completed in just over 16 months in a highly sensitive, occupied and operational medical environment.
| Nov 23, 2011
Lord, Aeck & Sargent opens fourth U.S. office, acquiring architecture firm in Austin, Texas
Strategic move offers growth opportunity and strengthens the firm’s historic preservation portfolio.
| Nov 23, 2011
Griffin Electric completes Gwinnett Tech project
Accommodating up to 3,000 students annually beginning this fall, the 78,000-sf, three-story facility consists of thirteen classrooms and twelve high-tech laboratories, in addition to several lecture halls and faculty offices.
| Nov 22, 2011
Corporate America adopting revolutionary technology
The survey also found that by 2015, the standard of square feet allocated per employee is expected to drop from 200 to estimates ranging from 50 to 100 square feet per person dependent upon the industry sector.
| Nov 22, 2011
Report finds that L.A. lags on solar energy, offers policy solutions
Despite robust training programs, L.A. lacks solar jobs; lost opportunity for workers in high-need communities.
| Nov 22, 2011
Saskatchewan's $1.24 billion carbon-capture project
The government of Saskatchewan has approved construction of the Boundary Dam Integrated Carbon Capture and Storage Demonstration Project.
| Nov 22, 2011
New Green Matters Conference examines emerging issues in concrete and sustainability
High-interest topics will be covered in technical seminars, including infrared reflective coatings for heat island mitigation, innovative uses of concrete to provide cooling and stormwater management, environmental benefits of polished concrete, and advancements in functional resilience of architectural concrete.
| Nov 22, 2011
Suffolk Construction selected as contractor for Boston luxury residential tower
Project team breaks ground on 488,000-sf building that will feature world-class amenities.
