Student Housing: Upgraded housing could entice UNM students to graduate
It won’t be luxury living, but it will be pretty good for college students: Four-bedroom, four-bath, fully furnished apartments with washers, dryers and full kitchens in an 18-acre complex complete with a fitness center, mini-theater, conference and study rooms and a copy center to produce and bind those term papers.
It’ll be the University of New Mexico’s newest student housing project, a $43 million, 216-unit, 864-bed complex that is aimed at the Millennial generation and designed to keep students enrolled till graduation. Construction is scheduled to start in June, with the units ready for students by August 2011, says Kim Murphy, UNM’s director of real estate.
The apartments will be built on UNM’s south campus, just west of The Pit. The board of regents approved the site and architectural plans earlier this month.
The key to the project, which is part of a six-year, $150 million plan to provide 2,500 new student resident beds on the Albuquerque campus, is that no public or university money will be used.
by Dennis Domrzalski for New Mexico Business Weekly
