[ad_1]
The university said it had completed two major real estate deals as part of its “long-term effort to improve affordability and keep students close to campus”.
AUSTIN, Texas – The University of Texas at Austin is taking steps to expand student dormitories near campus.
UT announced Tuesday that it had closed two major real estate deals to provide housing for more than 1,700 students. The university said the deals were part of its “long-term effort to improve affordability and keep students close to campus”.
UT has completed the purchase of Dobie Twenty21, formerly known as Dobie Center, a 27-story residential building on the southwest corner of the main campus. The building has 980 beds in 504 units and parking spaces for more than 600 vehicles.
In addition, in August the UT Board of Regents approved the construction of new student dormitories in the East Campus area between Comal Street, East 21st Street, Leona Street and south of Manor Road. UT plans to add about 780 beds in this area.
“Returning to near-normal operations this semester has rekindled our passion for the residential experience and campus community that are central to the UT experience,” said UT President Jay Hartzell. “And we know that students who are closer to campus help them build community and achieve academic success.”
UT said the two new projects will address affordability by increasing the inventory of affordable student housing while reducing the time and money students need to get to campus.
“We wanted to take this opportunity to add student dormitories and provide flexibility for future campus expansions,” said Hartzell. “Our location is a major draw for students, with incredible access to internships and experiences in one of the most dynamic cities in the country. These new options will further improve our ability to attract the best students, take advantage of our location, and become the strongest in the country. Impact on the public university. “
SEE: A moving-in disaster: UT students at The Standard Apartments concerned about their safety
Austin-Travis County is moving to Level 3 of its risk-based COVID-19 guidelines
1 dead, 2 injured in a crash on I-35 at Hesters Crossing in Round Rock
Governor Greg Abbott issues an executive order banning vaccine mandates from a Texas company
[ad_2]
