Appalachian uni signs employee housing P3

Credit: Appalachian State University

Appalachian State University has joined forces with a private joint venture to deliver multiple blocks of employee housing units.

Under the joint venture partnership, the Harrison Street & Radnor consortium will deliver 156 units of employee housing spaces, built in five multi-story blocks.

The private team will finance the project, through a 501c3 ownership structure (whereby the organization is exempt from federal income tax) to enhance affordability.

Recently, Appalachian State University released a request for qualifications on a major student housing P3 project. Click here to read more