The Blinn College Board of Trustees has authorized college administrators to select Servitas to design, construct and manage the new 400+ bed student housing development on the Blinn-Brenham campus.
Blinn College Hires Servitas to Develop New Housing on Brenham Campus
December 3, 2015
FOR IMMEDIATE RELEASE
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BRENHAM, TX – The Blinn College Board of Trustees has authorized college administrators to select Servitas to design, construct and manage the new 400+ bed student housing development on the Blinn-Brenham campus. The project, which would be located on Blinn property at the corner of Saeger Street and Old Mill Creek Road, would be ready for student use by Fall 2017.
Servitas will fund the project via an issuance of bonds by National Campus and Community Development, an Austin-based 501(c)3 nonprofit organization that provides public partners with tax-exempt finance solutions. Upon termination of the 40-year lease, the facility would revert to Blinn College. The Blinn-Brenham campus currently houses 1,326 students, more than any other community college in the state. Despite this, more than 400 students were placed on the housing waiting list this fall. The addition of approximately 400 students would generate approximately $2.5 million in annual tuition, fees and state reimbursement.
“This project will allow more students to enjoy the benefits of our residential Brenham campus and improve our campus community without requiring an investment of student tuition or taxpayer dollars,” said Dr. Mary Hensley, district president/CEO.
The architecture firm Servitas selected is Kirksey Architecture based out of Houston, TX. Moss & Associates, based in El Paso, TX, will serve as the general contractor. The project is expected to break ground in the spring of 2016 with completion in time for the 2017 Fall semester.
Servitas, LLC is a privately owned company focused exclusively on student housing development and property management. At the forefront of the privatized collegiate housing industry since its earliest days, Servitas is a leader in the full spectrum of student housing and student-centric mixed-use developments. Focused on providing the highest level of service to its higher education clients, Servitas has served more than 45 schools across the United States with projects ranging from $7M to $370M in total cost. The firm provides its clients with the full suite of development services: market and demand research, financial structuring (including public-private partnerships), program development, construction administration, and property management. Servitas believes that each project is special, and so its senior leadership dedicates significant hands-on time to each and every one. Servitas’ corporate offices are located in Dallas and Houston. Visit www.servitas.com