Our Student & Workforce Housing Development Services Encompass Six Primary Project Phases:
This means your student housing development opportunities, from initial planning all the way through move-in prep and student life management, are taken care of by Servitas, your trusted Student Housing Development partner and full-scale management company.
Whether on-campus or off-campus, we create the living options that your students want. This directly contributes to the success of your residents and your University. And with our long-standing experience developing, designing, and constructing residential (both on and off campus) opportunities, our student housing development services are fully equipped to deliver exactly what each level of your project needs.
We work based on your specific needs and goals, providing our clients with options for P3 funding, partial, or full development services. So, whether you are a University looking to expand your residence halls, or have larger needs for better off-campus student housing, we can help. Servitas has delivered unique living environments and solutions that integrate with the campus community as well as the community at large, and we look forward to helping you in your next student housing development opportunity.
STUDENT HOUSING DEVELOPMENT SERVICE
Student Housing Development Services
Servitas is a client-service organization, our business model is based on serving universities and colleges throughout their on-campus student housing development. Your student housing development opportunities are our expertise. We have the knowledge and the clear and thorough communication needed to turn your development opportunities into realities.
As a full-service turnkey student housing developer, Servitas oversees the planning, design, financing, construction, operation, maintenance, and residence life of most of our projects, we even work with the best foundation repair in St Louis experts when needed. We have delivered over $1B in student housing development.
Our unique approach to student housing development opportunities break from the conventional design-from-the-inside-out mold. Instead of taking designs and stacking them into floor plans and then placing them on a site, Servitas takes the reverse approach.
We start the planning on the outside—and we look at the campus connectivity and surrounding community—and work inward. This ensures our site layout and building elevations mesh with the campus and community, rather than as standalone projects. This fostering a sense of inclusive, extended community for the students living at school – and makes us your number one student housing developer!
Student Housing Projects
WORKFORCE HOUSING DEVELOPMENT
Workforce Housing Development Services
Servitas is a leading multifamily housing developer specializing in private-public partnerships, including gaining project approvals with highly complex regulatory requirements (as is the case in many workforce housing development situations). We are a client-service organization committed to delivering on your behalf the best affordable workforce housing.
We're bringing innovative workforce housing solutions to our municipal partners to help serve your community and bring your development vision to life. Workforce housing development creates affordable housing options for those earning between 60 and 120 percent of the area median income. Our workforce housing development often serves police officers, firefighters, teachers, healthcare workers, clerks, and similar occupations. Applying our P3 structure directly benefits the moderate & middle income workforce, who are often priced out of the market and unable to afford housing near their workplace, yet do not qualify for other government assistance for subsidized housing.
In addition to filling an essential community need, workforce housing development projects can be a financial boon for cities and towns, providing much needed revenue to the city at no cost up front for construction.
The Servitas team provides experienced executive leadership at every stage of the workforce housing development process. Our strength comes from having very diverse and experienced backgrounds, including architects, developers, construction managers, property managers, engineers, and underwriters. There is no better team suited to navigate the complex requirements of Area Median Income restricted rents (AMI), the risks & costs of construction, and the ongoing obligations of mixed-income property management.
Our team is motivated by our desire to develop real estate assets for public entities befitting their reputation for quality and financial success. Our workforce housing is meant to create a space that reflects the occupants, and your business.
Workforce Housing Projects
Servitas delivers workforce housing development on-time and on-budget. 100% of all workforce housing projects have been successfully financed under our leadership. Be it for staff & faculty, community artists, or public servants like firefighters, teachers, and administrators: Servitas is here to lead our P3 partners through Planning, Design, Building, Financing, Operation & Maintenance.
Please contact us today, prior to your RFP or RFQ, to engage in a listening & due diligence session about your workhouse housing development project!