In The News

Seattle Student Housing Shines a Light on A Small Performing Arts College

MULTIFAMILY EXECUTIVE - An expert in the student housing field, Capstone Development Partners hired Ankrom Moisan Architects to design a 20-story building that would reflect the culture of Cornish College of the Arts, a small private college dedicated to the visual and performing arts with two campuses in Seattle. Another goal for the new Cornish Commons building in the downtown South Lake Union neighborhood was to raise the architectural bar of the school’s buildings, since this was the first new one from the ground up since 1921.

New north Stockton Campus residence construction gets underway

PACIFIC NEWS - Ground preparation has already begun to set the stage for a new four-story residence hall north of the Calaveras River on the Stockton Campus. It is the first new residential construction project at Pacific since Monagan and Chan Family halls were completed in 2002. The 381-bed complex will eventually result in approximately 200 more beds, as the long-term plan calls for reducing the number of beds in some of the older existing housing facilities. It is part of a multi-phase master plan to enhance, renovate and repurpose student housing at University of the Pacific.

UMass Boston to open its first dormitories in 2018

BOSTON GLOBE - In a first for the bustling commuter school, the University of Massachusetts Boston expects to open a 1,000-student dormitory complex on its Columbia Point campus in September 2018, university officials said Thursday. “This is a major milestone in the history of UMass Boston and a significant accomplishment for the university as a whole,” said Martin Meehan, president of the university system, in a statement.

Florida Board of Governors Supports USF’s Innovative New Student Housing Village

UNIVERSITY OF SOUTH FLORIDA - Marking an important step in the University of South Florida’s plans to build a transformational new housing village on campus, the Florida Board of Governors today approved plans to enter into a public-private partnership (P3), with Capstone-Harrison Street, LLC (partnership of Capstone Development Partners, LLC and Harrison Street Real Estate Capital), kicking off the estimated $133 million development that will eventually be home to more than 2,000 students.

New dorms: Florida universities building plusher digs to lure students

THE TAMPA TRIBUNE - There are rusty sinks and tiny communal showers. The rooms always seem too hot or too cold. The carpets have mysterious stains, and the tiny windows do little to mitigate the harsh fluorescent lighting. But for freshmen Anastasia Akimova,18, and Yu Maeda, 20, along with some 1,000 other students at the University of South Florida, the Andros dorms are home — at least for the semester.

MOVE Alliance Endorses Bike-Friendly Student Housing Project

CIRCULATE SAN DIEGO - The MOVE Alliance is pleased to announce its endorsement of 5030 College Avenue Apartments, the proposed Capstone Development Partners student housing project in the College Area. The project provides housing close to the San Diego State University campus in a walkable, bikeable, transit-oriented, urban infill location.

President Uscher’s Remarks On Opening Of Cornish Commons

CORNISH COLLEGE OF THE ARTS - At 4:15 p.m. today, President Nancy Uscher and Capstone Development Partners principal Bruce McKee cut the red ribbon to open Cornish Commons, the latest addition to the Cornish College of the Arts' campus. Following are President Uscher's remarks on this historic occasion. My dear friends: Today we are making history. The new Cornish Commons is the first ground up building at Cornish since Kerry Hall was built in 1921. When Nellie Cornish opened up her piano studio in 1914, six years before women had the right to vote in the United States, she had an audacious dream to invent a new kind of school, one that would link the arts to the best thinking about education and innovation. She was a maverick and had tremendous impact on her students and the communities of her time – in Seattle, in the country and even across the Atlantic Ocean – which in her era was a world away.

Capstone to develop new dorms for UNA

UNA TIMES DAILY - Capstone Development Partnership, of Birmingham, got the nod to construct at least two new residence halls at the University of North Alabama. Capstone received verbal approval from the university's trustees to move forward with plans that would open two 350- to 400-bed freshman residence halls by the fall 2015 semester. It is part of a four-phase plan to replace aging halls with more modern living facilities.

UA Leaders, Students Work with City Officials to Help Build UA’s Presence in Downtown Tucson

THE DAILY WILDCAT - Students will be key in growing downtown Tucson, say UA leaders and city officials, who are working together to increase housing and employment opportunities and expand UA programs in the area. Janice Cervelli, dean of the College of Architecture, Planning and Landscape Architecture, and Bob Smith, vice president for business affairs, are leading the downtown discussion for the UA. Cervelli and Smith have been looking into the possibilities of bringing programs within various colleges as well as research opportunities to downtown.

Public College, Private Dorm

THE NEW YORK TIMES - With state budgets tight and demand for a college education at a high point, public universities across the country are increasingly turning to the private sector to build and finance on-campus dormitories. Even before the recession, states found that companies that specialize in student housing could build residence halls more rapidly and cheaply than universities could. They can ease the burden of being a landlord. And perhaps most important, these partnerships free capital for facilities like classrooms and laboratories.