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Old Posted Jan 15, 2014, 1:25 AM
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rocketphish rocketphish is offline
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Carleton University Residence Development

Carleton University decides against private builder, manager for new residence

By Neco Cockburn, OTTAWA CITIZEN January 14, 2014 7:00 PM


OTTAWA — Carleton University plans to build and operate a new student residence on its own, rather than team up with a private developer.

The university had tested the waters for having a private organization build and manage a new 500-bed residence planned for its campus. It formally sought expressions of interest and came up with a shortlist of potential partners.

After comparing the best proposal with details of an in-house project, the university determined that the return on investment would be greater if the university handled everything itself, said Darryl Boyce, Carleton’s assistant vice-president, facilities management and planning.

“There were a number of components that added up to a significant difference if we do it ourselves,” Boyce said.

The university can get better loan rates than developers could manage, he said, and would be exempt from development fees and property taxes if it went ahead with the project on its own.

Property taxes alone would cost more than $500,000 a year on a third-party project, Boyce said. The residence is expected to provide about $5 million a year in revenue.

After making the decision, the university issued a formal call for proposals from design teams and was to hold interviews on Wednesday. The residence is expected to cost about $40 million, Boyce said.

The building is to stand north of the Leeds building on campus and will be aimed at students who aren’t in their first year. The university has said it has a waiting list of about 600 mostly upper-year students who want to be on campus but can’t be accommodated.

The university hopes to begin construction by August and open the residence by the fall of 2016.

The building’s location means that a community garden run by the Carleton University Graduate Students’ Association is to be moved, and discussions have been taking place between the association and administration.

ncockburn@ottawacitizen.com

twitter.com/NecoCockburn
© Copyright (c) The Ottawa Citizen

http://www.ottawacitizen.com/news/Ca...197/story.html

Last edited by rocketphish; Jan 15, 2014 at 1:33 AM. Reason: .
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  #2  
Old Posted Jan 15, 2014, 5:00 PM
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Works out at $80K per bed, or $160 per unit if students have one room mate.

Not bad considering things.

Quote:
Originally Posted by rocketphish View Post
Carleton University decides against private builder, manager for new residence

By Neco Cockburn, OTTAWA CITIZEN January 14, 2014 7:00 PM


OTTAWA — Carleton University plans to build and operate a new student residence on its own, rather than team up with a private developer.

The university had tested the waters for having a private organization build and manage a new 500-bed residence planned for its campus. It formally sought expressions of interest and came up with a shortlist of potential partners.

After comparing the best proposal with details of an in-house project, the university determined that the return on investment would be greater if the university handled everything itself, said Darryl Boyce, Carleton’s assistant vice-president, facilities management and planning.

“There were a number of components that added up to a significant difference if we do it ourselves,” Boyce said.

The university can get better loan rates than developers could manage, he said, and would be exempt from development fees and property taxes if it went ahead with the project on its own.

Property taxes alone would cost more than $500,000 a year on a third-party project, Boyce said. The residence is expected to provide about $5 million a year in revenue.

After making the decision, the university issued a formal call for proposals from design teams and was to hold interviews on Wednesday. The residence is expected to cost about $40 million, Boyce said.

The building is to stand north of the Leeds building on campus and will be aimed at students who aren’t in their first year. The university has said it has a waiting list of about 600 mostly upper-year students who want to be on campus but can’t be accommodated.

The university hopes to begin construction by August and open the residence by the fall of 2016.

The building’s location means that a community garden run by the Carleton University Graduate Students’ Association is to be moved, and discussions have been taking place between the association and administration.

ncockburn@ottawacitizen.com

twitter.com/NecoCockburn
© Copyright (c) The Ottawa Citizen

http://www.ottawacitizen.com/news/Ca...197/story.html
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  #3  
Old Posted Oct 6, 2014, 1:15 AM
Catenary Catenary is offline
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Carleton Board Approves Residence Design

Carleton University’s Board of Governors has approved a schematic design for a new 500-bed residence for upper-year students. If the building is approved for construction based on our 2015 residence waiting list, construction would begin next year and be completed for fall 2017.

The building would be located just north of the Leeds Residence on the corner of Parking Lot 6. The projected cost of $52 million would be funded by the university and the residence would primarily include four-bedroom and two-bedroom units.

Key features include three elevators serving all floors, laundry rooms on each level, ground-floor multi-purpose common areas for studying, working out and watching movies, ground-floor garbage and recycling rooms, and access to the tunnel system from the lowest level.

Our last residence addition was the Lennox and Addington Residence in 2011, with an additional 650 beds for students. Currently, we have a total of 3,600 residence beds on campus.

Media Inquiries:
Chris Cline
Media Relations Officer
Carleton University
613-520-2600, ext. 1391
christopher_cline@carleton.ca

Follow us on Twitter: Twitter.com/CUnewsroom
Need an expert? Go to: Carleton.ca/newsroom/experts

http://newsroom.carleton.ca/2014/10/02/carleton-board-approves-residence-design/




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  #4  
Old Posted Aug 9, 2015, 3:41 AM
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rocketphish rocketphish is offline
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Carleton University Student Residence | 46 m | 14 fl | Proposed

Carleton University is proposing to construct a new 204 unit Student Residence for 500 residents on its campus at 1125 Colonel By Drive. The building will incorporate a terraced massing from 14 storeys transitioning to 12 storeys and 6 storeys along the eastern flank and 7 storeys along the western flank.

The main entrance is located in the south east corner of the 6 storey wing (Level 2) with a second entrance further north and adjacent to the pedestrian walkway offering direct access to the residence lobby and resident elevator core. The concept for the two and four bedroom suites incorporates an apartment style arrangement with a kitchen, dining area and living room, common storage closet and 3 piece bathroom. The bedrooms are equipped a closet and a workstations and a twin bed.

Development application:
http://app01.ottawa.ca/postingplans/...appId=__0NQHBC

Aerial:
http://binged.it/1Pe7JTl

Site:




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Old Posted Mar 24, 2024, 1:05 PM
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