One of the most pressing issues for general contractors today is the high cost of lumber. In the past five months, the cost of lumber has increased nearly 100 percent on projects, according to Justin Walker, president of Construction Enterprises
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College Park, Md. — Gilbane Development Co. has broken ground on Tempo, a 978-bed student housing community located near the University of Maryland campus in College Park. The eight-story property will offer studio, one-, two-, three-, four- and five-bedroom, fully
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Lebanon, N.H. — A public-private partnership between Michaels Student Living and Dartmouth College is set to break ground on an $84 million graduate housing project on the college’s campus in Lebanon. The four-story community will offer 309 units, housing more
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Eugene, Ore. — JLL Capital Markets has arranged $60 million in construction financing for Union on Broadway, a mixed-use student housing development located at 476 E. Broadway St. near the University of Oregon in Eugene. Charles Halladay, Jordan Angel, Chris Ross,
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Seattle — Greystar is set to break ground on Lakeview Student Residences, a $145 million student housing community located in Seattle’s U District near the University of Washington. Greystar recently purchased a five-parcel assemblage of existing apartment buildings located at
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Denver — The University of Colorado Denver has celebrated the topping out of its City Heights Residence Hall and Learning Commons development. The 182,000-square-foot residence hall — which will be the university’s first on-campus student housing complex — will offer 555
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Providence, R.I. — Gilbane Development Co. has completed four student housing projects totaling over 3,000 beds. Properties include: Altus, a 720-bed community serving students attending Towson University in Maryland. The community — located within the Towson Row mixed-use development —
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Newark, N.J. — A public-private partnership between RISE: A Real Estate Co. and the New Jersey Institute of Technology (NJIT) is set to break ground on a 500-bed residence hall on the university’s campus in Newark. The eight-story tower will
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Greenville, N.C. — CA Ventures has been awarded management of The Jolly Roger, an 804-bed student housing community currently under development near East Carolina University in Greenville. The community is set to offer one-, two-, three- and four-bedroom, fully furnished
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Tallahassee, Fla. — A public-private partnership between CTG Development Co. (CTG) and Florida A&M University has completed the development of a 720-bed residence hall on the university’s campus in Tallahassee. The new residence hall is Phase I of development on
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Costa Mesa, Calif. — A public-private partnership between Orange Coast College and Servitas has completed the construction of a $123 million residence hall on the college’s campus in Costa Mesa. Named The Harbour, the 321,105-square-foot development offers 823 beds in
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Tuscaloosa, Ala. — Greystar has acquired 17 acres in Tuscaloosa to develop Union on Frank, a $70 million student housing community serving students at the University of Alabama. The 200-unit property will comprise 396 beds and will be situated at
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