Sep 13th 2019 | Posted in Public-Private Partnerships (P3) by Government Contracting Pipeline

Massachusetts – The University of Massachusetts Amherst will seek a public-private partnership (P3) for an estimated $200 million project to construct new student housing.
UMass North Apartments University to issue RFP for $200M student housing project

University of Massachusetts Amherst North Apartments

University trustees voted on September 5 to issue a request for proposals (RFP) to develop a project to build modern, apartment-style housing for about 730 undergraduate students and 165 graduate students and replace about 170 graduate family units with contemporary two-bedroom units.

Site development will require the razing of two apartment complexes. The university plans to open the new housing in phases starting in fall 2022.
Trustees began the project with a request for information in June 2017 and advanced it with their preliminary approval to undertake a project analysis in September 2018 that included a student housing market study and procurement options analysis that led to the authorization to issue the RFP.