William & Mary Student Housing Project Reaches Financial Close with Balfour Beatty

William & Mary Student Housing Project Reaches Financial Close with Balfour Beatty

Balfour Beatty Campus Solutions has achieved financial close on a public-private partnership (P3) project to construct new student housing at William & Mary in Williamsburg, VA. Construction is set to begin in July 2021 with an opening planned for Fall 2025. The construction team includes Balfour Beatty’s Buildings division and Kjellstrom+Lee of Richmond, VA.

Amy Aponte, VP of Balfour Beatty Campus Solutions and alumna of William & Mary ’94,’96 commented: “William & Mary’s leadership have been focused on the needs of their students and their goals for a more sustainable future. We hope these new communities embody the authentic William & Mary experience while providing housing that reflects the university’s rich diversity.”

The project supports Vision 2026 plan which features a housing and dining master plan designed to meet future strategic needs at William&Mary . The first phase will provide 935 student residences at West Woods on west campus as well as 269 student dwellings adjacent Lemon/Hardy Halls along Jamestown Road .

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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