RISE Awarded 2,000 Bed Project at UL-Lafayette
December 14, 2010
RISE has announced its partnership with the University of Louisiana at Lafayette for the development of 2,000 new beds of student housing. The company will demolish five existing structures to make way for two new housing communities and a 1,000-space parking deck with street-level commercial space. Additional work that will be completed as part of the multi-phase project will include the renovation of four existing residence halls and the creation of a campus master plan.
Phase I of the project will be complete next fall, with final completion expected in fall 2012. Architects Southwest is serving as master planner, Niles Bolton Associates is the project architect, and a joint venture between The Lemoine Company and Juneau Construction Co. will provide general contracting services. RBC Capital Markets is providing construction financing.
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