Boise, Idaho — EdR and Boise State University have broken ground on a nearly $40 million Honors College and first-year residence hall.
The 236,000-square-foot development is scheduled for completion in fall 2017. The honors-dedicated living-learning center and freshman housing community will feature 235 two- and four-person, private and semi-private suite-style units. A number of apartment-style units will also be included to provide alternatives for upper-division students in the Honors College.
The five-story building will feature classrooms, study lounges, honors offices and dining facilities along with robust Internet capabilities and Wi-Fi access.
EdR has financed the nearly $40 million development through its on-campus equity plan, which uses the company's equity and financial stability to fund projects on university land. In their agreement, EdR provides financing, oversees development and construction, and is responsible for maintenance and management while Boise State provides residence life services.