Bucknell University

Lewisburg,

Hotel / Retail / Business Center / Housing / Theater / Office / Hiking And Biking Trail Campus Edge Development Analysis And Program Management

In 2006 B&D was retained by Bucknell University to assist with developing a concept for and implementing a mixed-use development planned for downtown Lewisburg at the periphery of the university’s campus. The preliminary plan called for student housing, retail space, a regional arts center, administrative offices, and an inn and business center. We coordinated this project by working with a planning team that included architects and engineers, and our predevelopment work evaluated market demands, analyzed project economics, defined a building program, outlined financing options, and prepared development concepts. When this team of senior administrators, the borough, the township, the state, and completed the study with us, it served as the basis for the award of $15 million in grants to the school. The $2.5 million Campus Theatre renovation/rehabilitation project was completed in 2011. Later that year, a nearly $4.5 million, nine-mile hiking and biking trail–the Buffalo Valley Rail Trail–was completed between Bucknell and Mifflinburg, Pennsylvania. The 32,000 SF post office building was renovated and converted into administrative space in 2012, providing office space for 65 Bucknell employees. In addition, the university opened two 12,000 SF, LEED Silver fraternity houses (Kappa Delta Rho and Lambda Chi Alpha) in 2012, while the 165,000 SF South Campus Apartments opened in 2015.

SOURCES & METHODS OF PROJECT FUNDING

Presented by Brad Noyes to the 2013 North Carolina State Building Commission.

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TO P3, OR NOT TO P3, UNDERSTANDING THE QUESTION

Presented by Peter Isaac and Sam Jung at the 2012 Academic Impressions Conference.

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LEWISBURG CORE COMMUNITY INITIATIVES: CONNECTING THE BOROUGH OF LEWISBURG & BUCKNELL UNIVERSITY THROUGH STRATEGIC REAL ESTATE DEVELOPMENT

Presented by Beth Penfield and Ryan Conway at the 2011 International Town and Gown Association Conference.

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WHAT HAPPENED? THE SIGNIFICANT IMPACT OF RECENT CHANGES IN CAPITAL MARKETS ON CONSTRUCTION OF HIGHER ED FACILITIES

Presented by Brad Noyes for BJAC U in 2010.

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