American Campus Communities has announced that it has commenced the construction of a 454-bed student community within the campus of the College of Staten Island in the City University of New York system.
The company manages and is the third party developer for the system. The New York City Housing Development Corporation is providing a total funding of $67.8 million under which $65.8 million will be in the form of Residential Revenue bonds and the remaining $2.0 million will be in the form of taxable bonds.
The residences in the community will comprise two buildings, which will take the shape of an L and which will have four to five stories. The buildings will cover an approximate area of 172,000 sq. ft. Though the housing is primarily for undergraduates, graduate students, resident advisors, staff and faculty will also have their apartments in the housing facility. The student housing facility will have a capacity of 133 apartments and 454 beds. There a total of 24 two bedroom apartments with single bathrooms and 67 three bedroom apartments with two bathroom units. In addition, 32 four bedroom apartments have two bathroom single occupancy units, one resident Director unit, and nine resident assistant units. Each apartment will be provided with its own furnishings such as coffee table, soft seating, entertainment center, dining table and chairs, sink and refrigerator. Each resident will be allotted his/her own closet, desk, chair, vanity area and stackable dresser. Other amenities in the housing include fitness center, conference room, social lounge, resident mailroom and laundry facilities. The housing community has been designed in such a manner so as to receive LEED Silver certification. The construction is likely to be completed by 2013.