University of Utah announces plan to build 5,000 units by 2030, doubling amount of student housing

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University of Utah announces plan to build 5,000 units by 2030, doubling amount of student housing
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The University of Utah announced Tuesday that it is planning to build 5,000 additional student housing units over the next several years — a number that would double its current amount of housing.

SALT LAKE CITY — The University of Utah announced Tuesday that it is planning to build 5,000 additional student housing units over the next several years — a number that would double its current amount of on-campus housing.Tuesday's announcement said this project aims to turn the"historically commuter campus into a campus community," explaining that more students at the U of U tend to live at home or in rented off-campus housing compared to other universities.

To achieve this goal, the university said it will form partnerships with a private company to build, finance and operate the new housing complexes. They will also plan to request"bonding authority" from the Utah State Legislature to independently finance up to 2,000 of these new units, with an estimated cost of up to $384 million.

Andrea Thomas, the university's"chief experience officer," says there are noticeable advantages to living on campus instead of commuting. “Living on campus for just one year can boost everything from increased on-time graduation rates to a greater sense of belonging," she said in a press release."New student housing is critical to our efforts to create that Utah Fresh first-year experience."

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