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campus housing initiative that will build two new residence halls, renovate existing campus housing, and demolish outdated buildings.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
University Buildings | May 19, 2015
Renovate or build new: How to resolve the eternal question
With capital budgets strained, renovation may be an increasingly attractive money-saving option for many college and universities.
University Buildings | May 19, 2015
KU Jayhawks take a gander at a P3 development
The P3 concept is getting a tryout at the University of Kansas, where state funding for construction has fallen from 20% of project costs to about 11% over the last 10 years.
University Buildings | May 5, 2015
Where the university students are (or will be)
SmithGroupJJR's Alexa Bush discusses changing demographics and the search for out-of-state students at public universities.
BIM and Information Technology | Apr 9, 2015
How one team solved a tricky daylighting problem with BIM/VDC tools, iterative design
SRG Partnership's Scott Mooney describes how Grasshopper, Diva, Rhino, and 3D printing were utilized to optimize a daylighting scheme at Oregon State University's new academic building.
Sponsored | University Buildings | Apr 8, 2015
Student Housing: The fight against mold starts in the bathroom
University Buildings | Apr 8, 2015
The competitive advantage of urban higher-ed institutions
In the coming years, urban colleges and universities will outperform their non-urban peers, bolstered by the 77 million Millennials who prefer to live in dense, diverse, and socially rich environments, writes SmithGroupJJR's Michael Johnson.
University Buildings | Mar 18, 2015
Academic incubators: Garage innovation meets higher education
Gensler's Jill Goebel and Christine Durman discuss the role of design in academic incubators, and why many universities are building them to foster student growth.
Retail Centers | Mar 10, 2015
Retrofit projects give dying malls new purpose
Approximately one-third of the country’s 1,200 enclosed malls are dead or dying. The good news is that a sizable portion of that building stock is being repurposed.
University Buildings | Feb 23, 2015
Future-proofing educational institutions: 5 trends to consider
In response to rapidly changing conditions in K-12 and higher education, institutions and school districts should consider these five trends to ensure a productive, educated future.
University Buildings | Feb 20, 2015
Penn strengthens campus security by reviving its surrounding neighborhood
In 1996, the University of Pennsylvania’s sprawling campus in Philadelphia was in the grip of an unprecedented crime wave. But instead of walling themselves off from their surrounding neighborhoods, the school decided to support the community.