ANN ARBOR, MI-The University of Michigan is launching a 10-year, $250-million to $280-million program to upgrade five dormitories and build the first new one in 37 years. The new dorm will house 500 to 650 students in apartment-style suites with private bathrooms, the university says.

A location is not yet determined. It will be financed through bonds, fee increases and the university’s housing budget.

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