Campus Apartments Unveils $50M Student Housing in Philly
- Sep 22, 2016
By Dees Stribling, Contributing Editor
Philadelphia—Campus Apartments has unveiled a new student housing project at the University of the Sciences in Philadelphia, with the goal of beginning to replace the school’s on-campus housing stock. The 128,000-square-foot property will accommodate about 400 students at 46th St. and Woodland Ave, and cost an estimated $50 million to develop.
The six-story building will include two-person semi-suites designed to serve the university’s first-year students, two staff apartments, as well as 16,000 square feet of communal social and study lounges. The facility will also 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 Ave., and a publicly accessible open courtyard. The building will incorporate numerous sustainable features with an eye toward achieving 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 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 school offers degrees in pharmacy and other health-related disciplines, with about 2,800 students in attendance.
Campus Apartments and the university tapped architect Design Collective to design the project, and general contractor Torcon Construction to build it. Construction is slated to begin in January 2017, with completion in time for the 2018-19 academic year.
The live-learn community will be located on the site of the former Alexander Wilson Elementary School, which the university bought from the Philadelphia School District in 2014.
The student housing developer made headlines recently with the announcement that it’s current chief investment officer would take on the additional role of president of Campus Apartments.