Student Housing Business

JUL-AUG 2015

Student Housing Business is the voice of the student housing industry.

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MARKET PROFILE: NORMAN, OK STUDENT HOUSING BUSINESS .COM JULY/AUGUST 2015 67 mium apartment-living experience while continuing the residence life experience for our students. Kraettli apartments are a great option for our married students or for those in need of family-liv- ing arrangements while attending classes." Amenities at Traditions Square, for instance, include individual, per-bedroom contracts, all bills paid, including utilities (water/ electric/trash), free cable TV and wireless Internet, online bill pay, full-size washer and dryer in each apartment, fully furnished bed- rooms and living room, 24-hour workout center, on-site computer lab with printers and CART bus stops for access to classes and Norman. Coming on line for fall 2017, OU is introducing several residential colleges that are designed as on- campus live-learn communities that will help build strong com- munities for upperclassmen and women, according to Buchanan. OU is patterning the residential colleges after those at Oxford, Yale and Cambridge. The colleges will house 600 total students. They will have their own dining rooms, study areas, seminar rooms, intramural teams, crests and mottos. They will also have faculty fellows who will have ofces in the colleges. The rooms are a mix of suite and semi-suite confgurations and are located in the middle of campus. OU posted a request for quali- fcations recently for a master developer to develop the resi- dential colleges, as well as other potential projects campus-wide. New Deliveries Off-Campus Development is underway of- campus to meet the growing stu- dent enrollment. Three communities will come on line in the Norman mar- ket this fall, and a community of 700 beds opened fall 2014. Millennium, developed by Real Capital Solutions, will feature 698 beds, Aspen Heights Norman will include 684 beds and The VUE will have 79 beds when they open this fall; The Avenue at Norman opened for the fall 2014 semester with 704 beds. University House Communities (UHC) will soon develop a new University House commu- nity on the site of the current Bishop's Landing apartments near the University of Oklahoma. Construction will begin on the apartment community this fall, and is expected to open by August 2017. The fve-story, 388-unit devel- opment will feature 917 beds with studio, one-, two-, three- and four- bedroom foor plans, all fully fur- nished. The community also will include amenities such as three outdoor courtyard areas, a club- University House Communities is developing a 917-bed development in Norman. David L. Borden Hall is one of the residence halls on the OU campus. ENRICHING LIVES AND STRENGTHENING COMMUNITIES Architecture Interior Design Landscape Architecture Engineering bkvgroup.com STUDENT LIVING

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