PHILADELPHIA—Campus Apartments, one of the nation's largest providers of on- and off-campus student housing, is developing on-campus housing with University of the Sciences that will begin to replace the University's on-campus housing stock and help to bring new life to Woodland Avenue in the University City section of Philadelphia.
The new 128,000-square-foot live-learn facility, located at 46th St. and Woodland Ave., will accommodate approximately 400 students and will include generous social, study, classroom and programming spaces, as well as ground floor retail space. The estimated $50 million development of the new residence hall marks the start of a multi-phase effort to improve facilities across the entire University over the next several years.
“The new first-year residence hall is the first of a multi-phase effort to improve the quality of our housing and learning facilities to enhance interaction and collaboration at the University and to attract more students to our institution,” says Dan Severino, director of facilities at University of the Sciences. “Through this project, we also strive to energize this corridor of Woodland Avenue and further integrate our campus and University with our neighboring community. The retail and public space will create a new hub within the community, which will benefit the neighborhood for years to come.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.