UofSC and Greystar inaugurate Campus Village construction project – UofSC News & Events
4 buildings will redo the southern part of the campus, add 1,800 beds
Posted: May 26, 2021; Updated on: May 26, 2021
By Koby Padgett, [email protected], 803-576-6701
A project that has been going on for years, construction of Campus Village officially began on Wednesday, May 26, as the University of South Carolina hosted a groundbreaking ceremony with development partner Greystar Real Estate Partners.
When completed in fall 2023, Campus Village will bring four new buildings and over 1,800 new beds to the South Campus, providing students with a unique living and learning experience. Academic support spaces, a dining hall and a campus security office are integrated into the buildings. The development also includes a miscellaneous store and café that will be available to neighborhood residents as well as students.
The project, the largest in the university’s history, will cost around $ 210 million, which will be recouped over time through student housing costs. Under the development agreement, Charleston-based Greystar will build and maintain the site, while the university will own the buildings and provide housing operations and student support. More than 300 construction jobs will be added at the height of construction, with Juneau Construction overseeing the construction project.
Interim President of Harris Pastides University, South Carolina Secretary of Commerce Bobby Hitt and Bill Maddux, Executive Managing Director of Greystar, were among the dignitaries in attendance for the Chrome Shovel dedication ceremony.
“Campus Village will be nothing less than one of the best living and learning communities in the United States,” said Pastides. “This project is about people and building lifelong friendships.”
“We couldn’t be more excited about our long-term partnership with the University of South Carolina,” Maddux said. “The Campus Village concept has become a reality thanks to strong collaboration. From university leaders to local residents and neighborhood groups to the construction and design experts of our Greystar team, many stakeholders have come together to focus on delivering a top-notch live learning experience for students. . I have no doubts that this campus community will help attract future Gamecocks for generations to come. ”
Campus Village will be nothing less than one of the best living and learning communities in the United States.
Interim President Harris Pastides
Students who live on campus perform better academically and are more likely to earn degrees, studies show. As South Carolina’s student body has grown, sophomores and freshmen have had to find off-campus residences after their freshman year. The additional space provided by Campus Village will allow more of these students to continue living on campus.
The final design of the project incorporates the contribution of clusters of neighboring neighborhoods while complying with the high building standards of the university. The five- to six-story structures will be red brick masonry with beige architectural cast stone accents. The design of the site provides a green space and a courtyard for the students to enjoy. New on-site shuttle stops will facilitate transportation to the parking lot and the Horseshoe, and bike paths and pedestrian access to major campus areas will discourage automobile use.
“Higher education is the key to economic development,” Hitt said. “The Campus Village will be another asset that will help the university attract and retain students who will one day be the best talent in our state’s workforce.
About the University of South Carolina
The University of South Carolina is a globally recognized high-impact research university committed to a superior student experience and dedicated to innovation in learning, research, and community engagement. Founded in 1801, the university offers more than 350 degree programs and is the state’s only leading Carnegie Foundation research institution. More than 50,000 students are enrolled at one of the state’s 20 sites, including the Columbia Research Campus. With 56 nationally ranked academic programs, including top ranked programs in international business, the nation’s top honors college, and distinguished programs in engineering, law, medicine, public health, and the arts, the university helps build communities. healthier and more educated in South Carolina. and all over the world.
Greystar is a leading fully integrated real estate company offering expertise in investment management, rental housing development and management on a global scale. Headquartered in Charleston, South Carolina, Greystar manages and operates over $ 220 billion in real estate in over 200 markets around the world, including offices in the US, UK, Europe, America South and the Asia-Pacific region. Greystar is the largest apartment operator in the United States, managing more than 740,000 units / beds, and has a strong institutional investment management platform with approximately $ 41.3 billion in assets under management, of which over $ 19.2 billion in assets under development. Greystar was founded by Bob Faith in 1993 with the intention of becoming a world-class service provider in the residential rental real estate industry. To learn more, visit the company’s website.
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Topics: University leadership, University president, Economic engagement, Partnerships, Campus construction