California Polytechnic State University

San Luis Obispo,

Student Housing Demand Advisory Services

In April of 2017, California Polytechnic State University engaged the advisory services of Brailsford & Dunlavey to complete a student housing demand analysis. This project was based on an update of B&D’s 2012 student housing market analysis and was conducted to provide the university with an understanding of its overall housing demand and the demand that would exist if a second-year live-on requirement were enacted. The analysis also addressed the next phase of student housing development―a 2,600-bed community to be financed through a public-private partnership.

B&D’s demand analysis examined the university’s housing supply characteristics and its off-campus market. The B&D team also conducted a survey that demonstrated students’ preferences for new on-campus housing and provided the basis for understanding housing demand relative to the planned bed-count growth.

As the university assesses methods to meet the holistic needs of its students through the addition of student housing, B&D recommended the following next steps:

• Further define the 2,600-bed community through site-wide program planning, financial model development, and site massing
• Analyze ways to accommodate the challenges of implementing a second-year residency requirement
• Conduct a financial analysis to understand the impact of the housing plan on the university’s debt obligations
• Clearly define its financial and programmatic goals and objectives relative to pursuing new housing through a public-private partnership