The University of Massachusetts Boston has announced a new plan to construct a $120 million student housing complex through a public-private partnership. The new 1,000-bed residential complex would be the first built on the campus. The UMass Building Authority selected Capstone Development to construct the complex on land adjacent to the Clark Athletic Center. The facility will be owned and operated by a non-profit management entity and managed by the university.
“On-campus housing will allow this most diverse of campus communities to offer every opportunity for its students to succeed, to graduate on time, and to go forth and contribute to the economic and cultural vitality of this state. According to most published research, academic success is positively related to living in university sponsored on and off campus facilities. Freshmen living in on-campus housing have significantly higher grades and retention rates. On-campus housing provides opportunities that contribute directly to student success,” said Chancellor J. Keith Motley.
