Project Information
Project name: USA: University of Texas student accommodation
Project description:

Balfour Beatty Campus Solutions, Dallas-based developer Wynne/Jackson and lead equity partner Star America have now completed the deal, which will see the expansion of the site in Dallas.

The development team has secured a 61-year ground lease with the university to develop the project, which will be financed through developer equity and conventional construction financing, provided through First United Bank.

In this phase of the project, the development team will expand on the Northside Phase 1 development, delivering an additional 275 housing units and more than 6,600 square feet of retail space valued at $67m.

Construction of the project has now commenced and will be delivered in August 2018 in preparation for the 2018-2019 academic year. 

Upon completion, the housing will be operated by Balfour Beatty Communities.

Related Headlines

15 February 2017 - Balfour Beatty signs Texas uni P3

Type: PPP
Sector: Education
Region: USA
Current status: Project Signed - 15/02/2017
Contract Terms
Duration: 61 year
Capital value: $67.00m
Public Sector Procuror Details
Authority/Commssioning body: University of Texas at Dallas
Private Sector Details
Consortium name: Balfour Beatty Campus Solutions
Private sector shareholders: Balfour Beatty - Shareholders
Wynne/Jackson - Shareholders
Star America - Shareholders

This page was last updated on:
23 March 2017.

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