Written by Your 5News Team
Last updated on March 29, 2013 @ 2:29PM
Created on March 29, 2013 @ 2:12PM
MORGANTOWN, W.Va. (AP) - West Virginia University says it's partnering with MJR Evansdale Development LLC to build new student housing on the Evansdale campus.
WVU vice president for administration and finance Narvel Weese said Thursday the $90 million University Park development on 7 acres is the third and final phase of the university's student housing master plan.
WVU acquired the property from MJR Evansdale Development for $14.7 million. WVU says the developers will privately finance the construction costs, and the project will revert to the university in 40 years.
Weese says the development includes an 1,100-bed housing complex, WVU and other food services, and retail development.
It will replace student housing at Fieldcrest Hall and the Medical Center and Pierpont apartment complexes.
The development is expected to be ready for occupancy in fall 2015.
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