The Proposed Project is Student Housing
What is Student Housing?
Purpose-Built Student Housing
Student Housing or Purpose-Built Student Housing refers to a subset of the residential real estate asset class. It is an apartment community for those in higher education and has a number of distinguishing characteristics such as:
Ability to rent on a per bed basis
Roommate matching services
Flexible term on leases to correspond to the Academic Calendar
Fully furnished units
Student Amenities (study areas, FHE rooms, bike-share programs, student convenience stores)
Student Life Programming
Students employed as resident advisors
The Project is designed with students in mind
Designed by Humphreys & Partners Architects - One of the Nations Top Student Housing Design Firms
Given the importance of this project to UVU's future, a top design firm was engaged to assure this student housing would be on the cutting edge of thinking regarding student housing.
As feedback came in from the surrounding neighborhood Humphreys incorporated that feedback and redesigned the project a half-dozen times over the 18 month city approval process.
The finished project will provide a student experience unlike any other in the county.
the city of orem and uvu approved this project as student housing
The UVU Foundation is invested in this student housing project.
The UVU Foundation, which manages the university endowment, is aware of the dire need for student housing surrounding their Orem campus. Their investment in the project is a sign of their interest in improving the student life and learning experience at UVU.
Orem City applied their latest student housing zoning standards to the project.
Orem City utilized years of research in crafting a new student housing ordinance requiring higher standards and more parking.