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Privately owned apartments to be constructed

SU leases land for state-of-the art student housing

By Rachel Eldridge
Posted: 3/25/08, 11:51 PM EST Section: News
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"I think that students will eventually see the complex as an ideal living space, but I think that it will take time for it to successful," said Caroline Von Flatern, a sophomore economics and policy studies major.

Louis Marcoccia, the SU executive vice president and chief financial officer, said the current renovation cycle of existing halls will lead to a decrease in the number of on-campus residents.

"The intention is to more evenly distribute the concentration of residents in each building," Marcoccia said. "We will not be increasing enrollment because we will be losing rooms in the current residence halls because of increased renovation," he said.

The rent for these apartments will be $4,500 and $5,000 a semester, Marcoccia said.

The apartment buildings, which will house students in two and four-bedroom apartments, will provide residents with resources exclusive to the complex.

"The accommodations in each unit will include a washer and dryer, a shared living room and a kitchen. High-speed Internet, telephone and cable will be included in the rent, said Rhonda Johannesen, the vice president of development at Allen and O'Hara.

There will be a clubhouse that will include a fitness center, a study room, a theater with surround sound, a lobby with a fireplace and a recreation room, Johannesen said.

rseldrid@syr.edu
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Bert Remus

posted 3/26/08 @ 10:47 AM EST

Interesting and informative. Well written. Makes me want to go back to school in the year 2009. Why will students ever want to leave school and join the real work force? I believe it will be sucessful from the start. (Continued…)

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