P3 Kentucky Staff Writer
The University of Oklahoma has partnered with infrastructure developer Balfour Beatty Campus Solutions and Provident Resource Group in a public-private partnership to build and operate a student housing and community-living facility on its campus.
Costing $194 million, the new project will create 1,231 beds and an additional 40,000 square feet for dining and entertainment spaces.
“This project is a strong example of how public-private partnerships continue to evolve, as we believe it is one of the first comprehensive living community developments to be delivered through the public-private model,” said Josh Smith, senior vice president for Balfour Beatty Campus Solutions. “Our team is thrilled to be working with OU to fulfill their vision and shape an outcome that reinforces the campus position as a residential university and expands on-campus housing with a state-of-the-art option for OU students.
For the full story, click here.