PHILADELPHIA--(BUSINESS WIRE)--Campus Apartments, one of the nation’s largest providers of on- and off-campus student housing, announces today a development project 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.
Slated for completion by August 2018, the project will deliver an on-campus residential facility to begin replacing the available housing at the University. The six-story building will include two-person semi-suites designed to serve the University’s first-year student population, two staff apartments, as well as 16,000 square feet of communal social and study lounges. The live-learn facility will feature 5,000 square feet of classroom space and new Resident Life office space for the University. In addition to University facilities, the building will include two ground floor retail spaces (2,700 square feet) along Woodland Avenue and a publicly accessible open courtyard. The building will incorporate numerous sustainable features to achieve Green Globe certification.
“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,” said 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.”
The live-learn facility will be located on the site of the former Alexander Wilson Elementary School, which the University bought from the Philadelphia School District in 2014. Replacing the vacant structure, the new University development will provide the local community with new stores and meeting and green space, in addition to streetscape repairs and lighting. The University will also offer community-driven programming.
“This project will transform an underutilized site into a vibrant corridor by creating modern facilities for students to live and learn, and new retail and programming spaces for the local community,” said Daniel Bernstein, President and Chief Investment Officer at Campus Apartments. “The University’s long-term commitment to enhancing its campus will help attract and retain the best and brightest students. University of the Sciences is a great partner, and we’re excited to bring this new facility to students, university staff and community members in our hometown.”
Campus Apartments was awarded the residence project after a competitive RFP process. Campus Apartments and the University partnered with architect Design Collective and general contractor Torcon Construction for this development. Construction is set to begin in January 2017.
About University of the Sciences
University of the Sciences has prepared students to be leaders and practitioners in the healthcare and science fields for nearly 200 years. Key to its distinctive education is a tradition of hands-on research and experiential learning that is evident in every graduate who has walked its campus. Since its founding in 1821 as Philadelphia College of Pharmacy, the first college of pharmacy in North America, USciences has grown to more than 30 degree-granting programs from bachelor’s through doctoral degrees in the health sciences, bench sciences, and healthcare business and policy fields. Discover how USciences students are proven everywhere they go at usciences.edu.
About Campus Apartments
Founded in 1958, Campus Apartments is one of the nation’s largest providers of on- and off-campus student housing. As a vertically integrated firm, Campus Apartments is experienced in all facets of the student housing industry. The company has $2 billion in assets under management in 24 states, serving more than 70 colleges and universities. For more information, visit: www.campusapts.com and connect with Campus Apartments on Twitter and Facebook.
