We’re adding something to our California resume: the largest student housing project we have undertaken in the state.
We are starting preconstruction on Student Housing West at the University of California, Santa Cruz, a more than $400 million project that includes a million square feet of space across eight buildings. The project will provide 3,000 new beds for upper-division undergraduate, graduate students and students with families. All units will be set up like apartments.
The public-private partnership (P3) is being financed, designed, constructed, operated and maintained through the Capstone Development Partners team. This is one of the first student housing projects in the University of California system using the P3 method. We are also working with Capstone on student housing at the University of the Pacific.
“This project is a significant addition to our building resume in California,” said Sundt Regional Vice President Cody Pearson. “As a higher education student housing builder, Sundt is proud to be part of this transformative project.”
The project will include social amenity spaces, a small market/convenience store, parking, child-care facility, infrastructure and potential pedestrian bridge. As part of its sustainability features, the project will have a wastewater treatment plant. The project also includes redeveloping a parking lot and family student housing complex.
Construction will take two phases; the first group of beds will be finished in August 2021 and everything will be complete by fall 2022.