Malvern’s Balfour Beatty Campus Solutions Pitches Student Housing in Napa Valley
Malvern-based Balfour Beatty Campus Solutions is providing a lesson in possibilities to help a dream for student housing become reality at Napa Valley College, for which a third of students couch-surf or bounce between temporary lodging, according to a Napa Valley (Calif.) Register report by Howard Yune.
Balfour Beatty laid out its plan to act on a decade-long aspiration and build a “campus village” of shops and housing for 200 students and faculty in just two to three years.
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“This is a transformational opportunity to become a 24-hour-a-day, seven-day-a-week, living, breathing campus,” said Senior Vice President Josh Smith.
To get there, the university-centric real estate developer would need college trustee approval, a market study, financing through tax-free bonds via a public-private partnership, then design and construction.
Balfour Beatty has proven itself through successful student housing projects at the University of Nevada, the University of Iowa, Texas A&M, and Florida Atlantic University.
Read more of Balfour Beatty’s plan in the Napa Valley (Calif.) Register here.
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