Eastern Michigan University (EMU), in Ypsilanti, Mich., recently selected Gilbane as a development and builder partner to lead a three-year campus housing initiative that will build two new residence halls, renovate existing campus housing, and demolish outdated buildings.
EMU and Gilbane Development Company have agreed to invest more than $200 million to expand campus housing with the construction of Lakeview Apartments, a 400-bed residence hall adjacent to the school’s Student Center; and Westview Apartments, a 300-bed residence hall that will serve as a gateway between EMU’s west and main campuses.
The University is also investing in the renovation of 2,025 existing beds with improvements that include new air conditioning, new finishes in bathroom areas, and the installation of life-safety technology. Shared amenities spaces and upgrades will facilitate social interaction among residents.
This equity initiative, known as the “Welcome Home 2025” plan, represents an acceleration of infrastructure and facilities investment that has been underway at EMU for several years. “It is now time to turn our attention to a leading student mandate—to revitalize University housing to meet the needs of today’s students,” said EMU’s President James Smith, in a prepared statement.
BENIGN NEGLECT IN HOUSING STOCK
The goals of this plan are to keep student housing affordable, to ensure a high-quality resident life experience, and to get students engaged in the design process. In 2018, the University retained Rieth Jones Advisors to coordinate the Master Plan process, which included surveying students about their interests and demands. In April 2019, the University’s student government approved a resolution that noted the majority of on-campus housing hadn’t been renovated in over 50 years. Last July, the University sent RFPs for the housing construction and renovation to four firms, and its Board of Regents approved the partnership with Gilbane Development Company last December 9.
The project team includes a design-build joint venture between Gilbane Building Company and Clark Construction, with Mackey Mitchell Architects as the project’s AOR and Moody Nolan as associate design architect. Gilbane Development Company is the developer and financing coordinator for the project whose construction is scheduled to begin next fall and be completed by the fall of 2025.
This team has collectively worked on 55 student housing projects that delivered over 60,000 beds during the last 30 years.
BOND FINANCING
However, the University is emphatic that it is not interested in privatizing its student housing. “EMU will continue to own all on-campus student housing facilities,” it states on its website. “EMU will also continue to operate all aspects of the residence life operation, including hiring/supervising RAs, processing housing applications and assigning rooms, collecting payments from students, and managing compliance with housing agreements.”
To pay for this project, the University entered into a ground lease agreement with a 501(c)3 tax-exempt entity that will issue tax-exempt bonds underwritten by Barclays. The nonprofit entity is responsible for servicing the debt. Gilbane and Clark will receive $200-plus million for construction activity, plus $135 million for renovations over the term of the agreement, as well as a property management fee to maintain the facilities.
Related Stories
Big Data | Jan 5, 2018
In the age of data-driven design, has POE’s time finally come?
At a time when research- and data-based methods are playing a larger role in architecture, there remains a surprisingly scant amount of post-occupancy research. But that’s starting to change.
Mixed-Use | Jan 5, 2018
USC Village is the largest development in the history of the University of Southern California
USC Village comprises six buildings and 1.25 million sf.
Adaptive Reuse | Jan 4, 2018
Student housing development on Chapman University campus includes adaptive reuse of 1918 packing house
The Packing House was originally built for the Santiago Orange Growers Association.
University Buildings | Dec 20, 2017
New residence hall to house 500 students at Duke University
The project was designed by William Rawn Architects and will be built by Skanska.
University Buildings | Dec 5, 2017
UCLA’s Hedrick Study combines a library, lounge, and dining hall
Johnson Favaro designed the space.
University Buildings | Dec 4, 2017
The University of Nebraska’s new College of Business building highlights entrepreneur alumni and corporate leaders
Numerous storytelling spaces and displays are located throughout the building.
Wood | Nov 30, 2017
The first large-scale mass timber residence hall in the U.S. is under construction at the University of Arkansas
Leers Weinzapfel Associates, Modus Studio, Mackey Mitchell Architects, and OLIN collaborated on the design.
University Buildings | Nov 28, 2017
FXFOWLE and CO Architects collaborate on Columbia University School of Nursing building
The building has a ‘collaboration ribbon’ that runs throughout the building.
Sports and Recreational Facilities | Nov 27, 2017
The University of Memphis unveils the new home of the men’s basketball program
The Laurie-Walton Family Basketball Center will provide a strong commitment to donor and VIP cultivation.
Adaptive Reuse | Nov 10, 2017
Austin’s first indoor shopping mall becomes Austin Community College’s new digital media center
Renovation of the defunct mall represents Phase 2 of ACC’s $100 million adaptive reuse project.