BIRMINGHAM, AL - Capstone Development Partners (www.capdevpartners.com) (“Capstone”) and the University of the Pacific (“Pacific”), have broken ground on construction for a new on-campus residence hall for upper division residents on Pacific’s campus in Stockton, CA.
BIRMINGHAM, AL | CHICAGO, IL - Capstone Development Partners And Harrison Street Real Estate Capital today announced they have successfully closed on equity financing for an on-campus mixed-use student housing village (the “Project”), including 2,200 student housing beds on a gateway site on the main campus of the University of South Florida (“USF”) in Tampa, FL.
CORNISH COMMONS, CORNISH COLLEGE OF THE ARTS - MFE received a record-breaking number of nearly 400 entries for the Project of the Year competition in 2016. In 2016, MFE judges looked for properties that encompassed the cutting edge of multifamily, from sustainable living and complex development solutions to trendy architecture and high-tech amenities. In the student category, Cornish Commons was bestowed with the GRAND award.
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.
BIRMINGHAM, AL - Capstone Development Partners (“CDP”) (www.capdevpartners.com) received multiple Student Housing Business Innovator awards at the Interface conference on April 14th.
CORNISH COMMONS, CORNISH COLLEGE OF THE ARTS - This category of the Innovator Award in Best Public Private Partnership is awarded to the best submission that proves best to how it solved a unique need for the university/college; how the project served as a win-win-win for the school, residents in the project and the developer; architecture/design; how it fits into the campus fabric; and how it performed relative to budget/timing.
CORNISH COMMONS, CORNISH COLLEGE OF THE ARTS - This category of the Innovator Award in Best New Development is awarded to the best new on-campus student housing development that proves best to how the project solved a unique need for the university/college; architecture/design; how the project fits into the campus fabric; and how the project performed relative to budget/timing.
CORNISH COMMONS, CORNISH COLLEGE OF THE ARTS - This category of the Innovator Award in Most Creative Public/Private Financing is awarded to the most creative public/private financing of an on-campus student housing project that proves best to how the financing solution allowed the project to move forward and what financing techniques and strategies were used to overcome obstacles in arriving at a financing solution that worked for all stakeholders.
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.
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.