"We've placed a premium on design and finish-out to create an unparalleled student-living experience," Johnson says. "And we have so much confidence in our construction, in large part due to the inclusion of Prescient's steel-framing technology. We really believe it is going to revolutionize the construction process, and we're excited to be in at the front end."

In addition to the overall benefits to the construction schedule and cost, the Prescient system is also durable, lightweight and fire-resistant.

"Developing in proximity to the UT campus always presents a unique set of challenges," says Johnson Trube partner John Trube. "We wanted to do everything in our power to minimize the chances of opening The Corner behind schedule, because when school starts, students need a place to live. The Prescient technology will certainly help our ability to deliver on time and on budget, but we also wanted to assemble the best team possible."

Other team members on the project include JE Dunn, Mark Hart Architecture, Wuest Group, Austin City Realty and Fairway Properties.

Construction delays around the university are not uncommon. In fact, in 2014, reps for Johnson Trube say five projects failed to open in time due a variety of factors, ranging from a shortage in the labor market and obstacles associated with small construction sites to complications attributed to the use of conventional wood framing and concrete.

"After experiencing firsthand the challenges of delayed projects with other developers near the UT campus, we're pleased that Johnson Trube offers this new technology to the student-housing market," says David Kanne, principal with Austin City Realty. "This should give both parents and students a tremendous amount of confidence in reserving their units now for next fall."

Project features and amenities include convenient walking/biking access to campus; secure access; cyber café; quartz countertops; wood floors; stainless steel appliances and plasma televisions in larger units.

"We are committed to avoiding the same pitfalls, and I think with this team in place and this new, state-of-the-art framing technology, we are in a great position to open an incredible student-housing development next fall, as promised," says Johnson.