Bucknell University

Lewisburg,

Student Housing Strategic Plan, Detailed Program, And Business Plan

Bucknell University selected B&D in 2008 to develop a plan for student housing. The university needed a strategy that would integrate academic programs and residential life into a comprehensive educational experience for Bucknell students. Despite recent significant upgrades to its student housing stock, residence halls were filled well beyond their design capacity. Our work identified solutions to the university’s housing system gaps and proposed a series of development options, including: an intermediate option with a longer term view; a comprehensive option that most fully responded to its objectives and goals; and a private partner development model and approach to evaluating the benefits of non-university student housing development. As a result of our recommendations, Phase 1 of the housing project began in 2009 with the addition of 344 apartment beds, an independent commons building, and two new fraternity houses with 26 beds each. In addition, we prepared a comprehensive ten-year financial model that outlined all implications associated with each facility investment by integrating the program, assumptions, costs, revenue calculations, and operating expenses. The university opened two 12,000 SF LEED Silver fraternity houses (Kappa Delta Rho and Lambda Chi Alpha) in 2012. The 165,000 SF, $47 million 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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