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UD Launches Apartment Development

From the Dayton Business Journal:
http://www.bizjournals.com/dayton/news/2011/01/20/university-of-dayton-launches-25m.html

University of Dayton launches $25M apartment development


Dayton Business Journal
Date: Thursday, January 20, 2011, 2:47pm EST

The University of Dayton will embark on a $25 million development to add apartmentstyle
residential units near Caldwell and Brown streets.

The project will redevelop six acres and create five apartment buildings for 427
upperclassmen and some international students. The apartments will have a townhousestyle
façade with the same amenities and architectural features - arches, overhangs,
gables and dormers - common to houses in the adjacent student neighborhood. A
courtyard connects the five buildings.

The project site includes the former Frank Z Chevrolet dealership, owned by Miller-
Valentine Group, and the university's former Caldwell Street Center.

Construction of the development may begin as early as spring, depending upon
construction bid approvals. UD officials expect to finance the construction through bonds.
Dayton-based Miller-Valentine Group is the contractor for the project.

"These projects are part of our strategic plan to create and sustain a strong learning-living
atmosphere on campus and recruit students across the nation and the globe who value a
Catholic, Marianist education," Daniel Curran, president of the University of Dayton, said
in a news release.

Researchers in the Caldwell Street Center have moved to the 1700 South Patterson
Building, and the Career Placement Center has set up its operations in the former Alumni
House on L Street.

In addition, UD will move forward on the final phase of an estimated $3 million renovation
of the second floor of its College Park Center.
The College Park Center project will include classrooms and faculty offices for the visual
arts department and a new art gallery. Construction is expected to begin in February, with
occupancy in August.

UD is the fourth-largest college in the Dayton region with 11,200 students.

E-mail blhart@bizjournals.com. Call (937) 528-4426. Twitter.com/ReporterHart


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