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campus housing initiative that will build two new residence halls, renovate existing campus housing, and demolish outdated buildings.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
Education Facilities | Aug 3, 2017
School of Communication and Media at Montclair State University merges faculty, professionals, and academic programs
CannonDesign designed the facility, which features a 197-seat presentation hall and various control rooms.
Wood | Jul 10, 2017
University of Idaho Arena plans to make timber a focal point
The project received a Wood Innovation Grant that will help spur construction of the Hastings + Chivetta-designed project.
University Buildings | Jun 29, 2017
Duke University’s new alumni and visitors center is a ‘modern adaptation of the campus’ architectural style’
The project will total about 47,000 sf of new construction and renovations.
University Buildings | Jun 21, 2017
Student residence hall in Lisbon takes biophilic design to the next level
The luxury student accommodations will be Collegiate’s first outside of the U.K.
Building Team Awards | Jun 7, 2017
Blurring the lines: University of Chicago North Residential Commons
Gold Award: The University of Chicago’s new Residential Commons is part campus, part community.
Higher Education | Jun 7, 2017
Building for the future: Five trends in higher education projects
Preparing students for life after graduation has become the primary motivator behind construction initiatives at U.S. colleges and universities.
University Buildings | May 5, 2017
'Escape forward': How one public university plans to grow
How can public institutions expect to survive and thrive in Illinois' turbulent environment? The answer, for one school anyways, is to think and act like entrepreneurs.
University Buildings | Apr 28, 2017
Suburban Chicago college breaks ground on aviation-themed student center
The design of the center is meant to pay tribute to the university’s heritage in aviation and aeronautics.
University Buildings | Apr 26, 2017
UMass Amherst is home to America’s first CLT academic building
The building brings the architecture, landscape architecture, and building technology departments under one roof.
Sponsored | Ceilings | Apr 17, 2017
University of Toronto Scarborough Campus building meets aesthetic, performance and sustainability goals with Rockfon ceiling systems
The University of Toronto’s $52.5 million, 126,788-square-foot Environmental Science & Chemistry Building is the newest addition to the Scarborough campus in Toronto, Ontario, Canada.
