Millersville, Pa. — AUDG is the developer for the project, which will replace all 2,200 beds on campus.
Millersville, Pa. — Millersville University students, administration and a development crew gathered on Sept. 11 to celebrate the official groundbreaking and beam signing for the first phase of new living-learning communities on the Millersville University of Pennsylvania campus. Project developer, Ambling University Development Group, was awarded the project through a national bid process along with its partner firms, Benchmark Construction and architecture firm Lord, Aeck and Sargent.
This project marks the initial phase of Millersville's plan to replace all 2,200 on-campus beds with modern, suite-style accommodations while maintaining a consistent bed capacity throughout the modernization initiative. The project cost is $180 million. The first phase, which is currently three weeks ahead of schedule, will be completed in advance of the fall 2014 semester and will include 709 beds in two buildings.
Phase one includes 188,272 square feet and 267 units in a mix of single and double occupancy semi-suites and full suites. The tax-exempt bond financing for the project was coordinated by RBC Capital Markets and recently closed at an interest rate of 4.54 percent. Student Services, Inc. will serve as the owner of the new facilities.