Summary:
- Gilbane, in a public-private partnership with The University of Rhode Island, will develop two on-campus student housing communities and reconstruct a third. The companies reached the financial close of the partnership.
- Plans call for the modernisation of on-campus housing at the university’s campus in Kingston, R.I. The initiative comes as URI experiences record admissions and growing demand for on-campus housing, reflecting strong student housing market demand.
- The new developments will total 914 beds. The communities will come online on Flagg Road on the northwest side of the campus and will comprise 134 and 105 units with two- and four-bedroom floorplans.
Original article:
https://www.multihousingnews.com/gilbane-jv-to-develop-3-student-housing-properties/
