FAU Hosts Ribbon-Cutting Ceremony for Innovation Village Apartments
BOCA RATON, FL (August 18, 2011) – Florida Atlantic University’s department of housing and residential life, a part of the Division of Student Affairs, hosted a ribbon-cutting ceremony for phase one of the Innovation Village Apartments, a student residential complex, today on its Boca Raton campus. These apartments were marketed exclusively to FAU’s upper division undergraduate and graduate students for occupancy at the start of the fall semester.
“The completion of Innovation Village Apartments brings us closer to transforming the Boca Raton campus into a traditional university campus,” said Dr. Charles Brown, senior vice president of student affairs. “This will create a new excitement and enthusiasm for our student, faculty, staff, alumni and friends of the University. The new housing facilities, football stadium, recreation and fitness center and alumni center will become a new living-learning and social center for the FAU family.”
Phase one of the Innovation Village Apartments includes the construction of two apartment buildings, totaling 489,000 square feet and providing 1,216 beds for upper-division and graduate students. Phase one’s accelerated construction began in March 2010, with the first students moving in late July 2011.
The complex consists of seven- and eight-story buildings, and features a mix of two- and four-bedroom, two-bathroom, fully-furnished apartments. The apartments include kitchens with Energy Star appliances, Comcast TV and access to high-speed internet. Some apartments also include laundry appliances.
The apartment complex features a lush courtyard and green spaces, an outdoor pool, sand volleyball court, BBQ grills and outdoor seating. Other amenities within the complex include a fitness center, convenience store, computer lab, smart technology conference rooms and multipurpose meeting areas.
The Innovation Village Apartments are on track to qualify for silver level certification in the Leadership in Energy and Environmental Design (LEED) rating system of the U.S. Green Building Council.
The Innovation Village Apartments were developed by a joint venture of Balfour Beatty Campus Solutions and Capstone Development Corporation. They were designed by PGAL (Pierce Goodwin Alexander & Linville) Architects and constructed by Balfour Beatty Construction. Balfour Beatty Capital invested $3.4 million in tax-exempt bonds that finance the project.
A joint venture of Capstone On-Campus Management and Balfour Beatty Campus Solutions, led by Capstone On-Campus Management, will oversee with FAU the Innovation Village Apartments, as well as the existing student housing facilities on FAU’s Boca Raton campus. FAU is taking primary responsibility for leasing, marketing, student programming and residential life, while the joint venture companies are primarily responsible for budgeting and physical operations.
The Innovation Village Apartments serve as the second phase of FAU’s Innovation Village project. Already a part of Innovation Village are the Marleen and Harold Forkas Alumni Center and the student recreation/fitness center. Also a part of Innovation Village is a $70 million, 30,000-seat stadium that is expected to open on Saturday, October 15.
-FAU-About Florida Atlantic University:
Florida Atlantic University, established in 1961, officially opened its doors in 1964 as the fifth public university in Florida. In commemoration of its origin, FAU is celebrating its 50th anniversary throughout 2011. Today, the University serves more than 28,000 undergraduate and graduate students on seven campuses and sites. FAU’s world-class teaching and research faculty serves students through 10 colleges: the Dorothy F. Schmidt College of Arts & Letters, the College of Business, the College for Design and Social Inquiry, the College of Education, the College of Engineering & Computer Science, the Graduate College, the Harriet L. Wilkes Honors College, the Charles E. Schmidt College of Medicine, the Christine E. Lynn College of Nursing and the Charles E. Schmidt College of Science. FAU is ranked as a High Research Activity institution by the Carnegie Foundation for the Advancement of Teaching. For more information, visit www.fau.edu.