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College Town Life | Featured College Towns | College Town Issues | |
17-23 Rental
ordinances still in development The once upscale residential neighborhood is rapidly deteriorating as
more college students and renters who lack respect for their own property
and their neighbors' property move into the neighborhood, she said. "I look on the Internet and see all the glowing publicity and I look outside my own house and think there isn't something in sync here. They talk about Hattiesburg being a livable city, and as a citizen I want to do my part to make it so."... Residents
out in cold as luxury city flats stand empty
Madison
eyes bar ban to fight binge boozing City officials say the limits would be one way to help them reduce binge drinking on a campus named Playboy's No. 1 party school in April. But others predict the plan would have little impact, and some property owners say it goes too far by restricting development... Notre
Dame Alumni and Parents Buying Campus Housing Oxford
home prices: supply and demand Oxford is hardly as exclusive as those habitats of the well-to-do, but demand for homes, condos and apartments in the quintessential Southern college town is driving prices to levels that challenge many families... Taste
Of Africa, Near Yale Full-time
work/full-time pay Bryan-College
Station empties as students head home The Aggies have gone home for the holidays... "Once the students leave, we are almost dead," said Loupots Bookstore general manager Shri Parchure, laughing as he explained how the break in business gave his workers time to restock for the spring semester. "I've lived in a college town all my life. It's kind of nice. I love students, but there is a time that you don't want to have to worry about traffic. You go to a restaurant, and you get a place to sit."... Education
Realty Trust Provides Initial 2007 Financial Guidance and Updates Range
for 2006 FFO Estimates Based on management's current judgment, FFO per potentially dilutive share/unit is expected to be in the range of $0.88 to $0.92 for the year ending December 31, 2007. The 2007 outlook represents expected growth of 7.3 percent to 9.5 percent in per share FFO over an updated 2006 FFO range of $0.82 to $0.84 per potentially dilutive share/unit... Manley's
to open market downtown Manley's expects to close on the sale of the property by the end of next month and restore the building's original facade from the 1800s, resulting in "more of a brick look with arched windows on the upper floors," Brayton said. The second floor is expected to be renovated to include some type of rentals, possibly student housing, he said. The roof may be converted to feature a restaurant or seating area for patrons from the first-floor market... Project's
aim: safer student housing Bonistall presented the initiative to Newark's Town and Gown Committee and to the Newark Landlord Association, soliciting housing managers willing to participate with their rental properties... Plans
for southside apt. complex evolve City officials acknowledge that the latest plans for the Summit at Coates Run look better than previous versions of the project, formerly known as Campus Edge. Only one home on Greenbrier Drive, it now appears, would be demolished, for example, and heavy equipment would mostly stay off city streets. A financing scheme favored by Athens Mayor Ric Abel and a Columbus development company, however, would use tax-increment financing (TIF) and water tap fee waivers to trigger growth and infrastructure improvements near Richland Avenue and Dairy Lane... Enticing
Students Over the Bridge video The Brooks Landing project targets the neighborhoods surrounding the
A bridge separates the University of Rochester from the city's 19th ward. Across the bridge, some parts of the neighborhood are charming; some seem less than inviting. U of R student Nick Tsichlis said some of his classmates are uncomfortable crossing that bridge. Back in Tsichlis' home town of Philadelphia, officials worked with the University of Pennsylvania to clean up the rough streets surrounding the school. Tsichlis said that has made a huge difference... Wayne
State University to mix housing, shops The project, which is to get under way next spring, will build shops, restaurants and residential housing on a 2-acre plot of vacant land on Woodward between Canfield and Forest. The first phase of the development is scheduled to be complete by the summer of 2008. It comes as the school has aggressively expanded undergraduate residence halls and as Detroit's Midtown area has seen a general resurgence... Regents
OK ASU, dorm builder deal for $130 mil The project on the south side of Apache Boulevard, west of Rural Road, will include 1,850 beds. The university is hoping to make 8,000 beds available on its campuses for students by fall 2007... Regulars
say goodbye to Bageland The bagel shop, which J.T. Phimon said has operated out of its 1717 NW 1st Ave. storefront since 1975, learned last month it would have to move to make way for another business. Goerings Textbooks will lease the spot to Sweet Dreams ice cream shop instead... Final
hours for historic Dey House The demolition disappoints historic preservationists. They had hoped former owner Francis Henry would repair the building, a one-time log cabin covered over in clapboard in the early 1900s to look more modern. "There's no logic to what he's doing," said Benjamin Brodey, chairman of the Historic District Commission. The house sits on a small lot beside two busy roads. It will be hard to make much money off a new home once demolition and construction costs are factored in, he said... Panel
doesn't want campus to cost town The university has pledged not to re-create that situation at Carolina North. "The Carolina North campus will have a net neutral or positive fiscal impact on the Chapel Hill, Carrboro and Orange County local governments," states part of a draft report endorsed by the Carolina North Leadership Advisory Committee during a six-hour meeting on Saturday. The university has not determined how much housing or retail development will rise as part of 8 million square feet imagined at Carolina North. But executive director Jack Evans promised that much of it will be privately owned and therefore subject to property taxes... Area
Plan Commission rejects Kintz townhomes Jackson
duo cooking up plans for 3rd restaurant The lights are set to go on at Sal & Mookie's New York Pizza & Ice Cream Joint in March. The two already have Bravo! Italian Restaurant and Bar and the Broad Street Baking Co. and Cafe... Fondren remains a hot neighborhood for residential real estate, and Blumenthal said other developers are planning student housing for the nearby University of Mississippi Medical Center, upscale apartments and perhaps an extended-stay hotel... A
smart place to live Another reason it tops the list: Boulder graduates tend to stick around - and attract others. "Boulder is recognized as a very exciting town to go live in,"
said Bert Sperling, founder of Sperling's BestPlaces, in a statement released
by Forbes. "It's attracting young degree Student
loan help on the way, Democrats vow During the first 100 hours of the 110th Congress, Democrats plan on reducing the interest rate from 6.8 percent to 3.4 percent. They contend that would help the typical undergraduate student borrower — who graduates with $17,500 in debt — pocket $5,600. Across the nation, debt loads are rising for students, the highest being in New Hampshire, where the class of 2005 graduated with an average debt of $22,793, according to The Project on Student Debt. (Your state's average debt can be found at projectonstudentdebt.org)... City
set to sign off on $3.5 million downtown development deal Phase 1: Complete student housing on Washington Avenue site by summer 2008; complete retail, loft and office development between Franklin and Austin avenues by March 2009... Sale
option is dropped by GMH Communities The Newtown Square real estate investment trust had created a committee in March to consider strategic and financial alternatives, including a possible sale of the company. The committee concluded that it was not in the company's best interests to pursue a sale. Instead, GMH said it had initiated steps to financially reposition itself and "improve core asset value and operational performance," according to a news release... Neighbors
protest apartment project The group also feels that the 11-story, 210-unit apartment building isn't really transit-oriented development. It's being niche-marketed as graduate student housing for the adjacent campus, although Thorn says it will take any tenants... Wittenberg
gets some help from University of Dayton The university invited University of Dayton officials to provide insight, Monday, on how it is revitalizing its urban neighborhood through a partnership ... called the Genesis Project, the partners invested more than $14 million over a five-year period in the deteriorating neighborhood. They renovated 11 homes, constructed 23 new ones and demolished 42 properties. The $120,000 to $130,000 replacement homes doubled the home-ownership rate and made crime "a non-issue" in the area, LaChance said. A side benefit was the private investment of eight new restaurants, retail an office space, three new residential homes and five residential renovations... With phase one nearly complete, UD recently partnered with a private developer to construct University Place — a two-story retail/graduate housing complex at the corner of Brown and Stewart streets. The complex is similar to the college town concept Wittenberg's president Mark Erickson proposed when he took the helm last year. JV
Buys Student Housing Asset for Estimated $35M Principals at both firms declined to disclose the purchase
price. However, area brokers familiar with comparable projects in the
Southwest tell GlobeSt.com the estimated per-bed-price was in the $30,000
range. That would make the estimated aggregate price of the asset $35
million. Officials at Preiss and Harrison declined to comment on the estimated
price. In
the Market for a House in a College Town? Museum
celebrates state's ski heritage That's just one snippet of history in the new Ski Museum of Maine in this college town in the heart of Maine ski country... Urban-village
plan meets resistance About 100 residents, students and landlords gathered last week to review the proposed plan, which would split the neighborhood into two zones -- owner-occupied housing and student housing. Representatives from Delta Development Group Inc., of Mechanicsburg, and EDSA Inc., of Baltimore, said the concept would create a distinct look to complement downtown State College. The plan is to develop a streetscape that would preserve historic aspects of the current urban village; however, residents had mixed feelings about the student housing arrangements. The plans address a lack of owner-occupied homes by proposing that student housing move toward Penn State's growing West Campus, and that owner-occupied housing grow in the district south of College Avenue... GMH
Communities Trust Announces Conclusion of Special Committee Review and
Outlines Strategic Initiatives Plan In March 2006, the Board of Trustees appointed a Special Committee to University
of Houston embarks on ambitious makeover The goal, campus leaders said, is to create an environment that attracts the best scholars and encourages them to stick around. "The University of Houston has been missing that sense of belonging," said Leroy Hermes, a Houston architect who graduated from the university in 1966 and now chairs its governing board... The effort comes as other urban schools, including Columbia University in New York City, the University of Pennsylvania in Philadelphia and the University of Southern California in Los Angeles, are working aggressively to improve and redefine their gritty surroundings, as well as their campuses. For years, UH has looked inward, with the parking lots serving to further cleave the neighborhood. Near campus, Scott is largely a landscape of carry-out joints, aging apartments and vacant lots, not the vibrant strip of cafes, bookstores and theaters sprouting around universities across the country... Carolina
North talks move on to public schools Lisa Stuckey, a member of the Chapel Hill-Carrboro City Schools Board of Education, suggested a number of principles related to the Schools Adequate Public Facilities Ordinance, and the building and funding of future schools... "We, as a district, are seeing more kids living in apartments and condos than we did in the past," she said. Stuckey submitted a principle about UNC paying taxes or making payments on behalf of Carolina North to help build schools, because she was concerned that the rest of the community could end up subsidizing the campus's residents. Jack Evans, UNC's executive director for Carolina North, suggested that future residents may be responsible for special ad valorem taxes. While no one knows for sure, he said, he thought that housing at Carolina North would be developed by an entity other than the university. So even though the residences are on university land, homeowners or renters there would be responsible for ad valorem taxes, he said... A
penny saved is a degree earned: Brianna King, English King always expected to pay for her own college education. Both parents and her two older brothers had done the same... Offering
Support for a Menorah, Unofficially SMC
considers student dorms "It appears that there may be a large number of local and regional students in the college's service area who would be interested in attending SMC if there were on-campus housing," Mathews said in a written statement. "Many potential students tell us that housing is the key to their decision about where they attend college. One goal of the study will be to quantify this need." No community colleges in west or southwest Michigan currently offer anything more than resources to help students find their own housing. However, Mathews said several community colleges in the state found that providing on-campus housing "attracted many local students who otherwise would have gone away to a university and had to pay a much higher tuition rate."... Purdue
trustees vote to increase housing fees Purdue's university residence program, which houses nearly 12,000 students on campus, is the largest system in the United States where all students voluntarily choose to live on campus. [Editor's Note: Purdue's enrollment is 39,228.] The
new heart of SouthCoast
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