Dallas, TX, April 07, 2016 --(PR.com
)-- A milestone has been reached on the way to the completion of the new residence hall, Bayview, being developed by Servitas on Florida International University’s Biscayne Bay Campus. Servitas celebrated the progress after placing sixteen 9-story tall tilt panels, the largest such panels ever used.
When Bayview is complete it will boast more than 200,000 square feet of space including four classrooms and 410 beds in studio, two bedroom and four bedroom apartment configurations. Students can live just steps from both their classes and beautiful Biscayne Bay. With amenities like ocean views, sky lounge, pool and fitness facility Barview will create a residence lifestyle unlike anything else on the FIU campus. The building was designed with students in mind and has the latest building technology along with integration to Florida International University’s emergency management system. Leasing for Fall 2016 is available now at BayviewFIU.com.
Servitas and general contractor Facchina broke ground on the high-rise in March 2015, which means the 9-story building will be finished within a 18-month time frame and ready for students to move in August 2016. “Bayview is on schedule, and we are pleased to begin offering residents the opportunity to be among the first people to live in this building located just 150 feet from Biscayne Bay,” says Matt Myllykangas, Vice President of Development and Preconstruction for Servitas. Part of this success was due, he said, to the close cooperation with FIU, and, in particular, the group of about 550 construction workers who had been employed on the site in recent months. Since construction of the building began about six months ago, over 2.8 million pounds of reinforcing steel have been used and 150,000 cubic yards of concrete poured.
“Living on campus benefits students tremendously,” said Vice President for Student Affairs, FIU, Larry Lunsford. “Living with peers creates more social interaction, opportunity for mentorship, improvement in academic success and involvement with co-curricular activities. Our students look forward to having the opportunity to move back to BBC when the new facility is completed and participate in all that our growing campus has to offer.”
Servitas, LLC is a privately owned company focused exclusively on student housing development and property management. At the forefront of the privatized collegiate housing industry since its earliest days, Servitas is a leader in the full spectrum of student housing and student-centric mixed-use developments. Focused on providing the highest level of service to its higher education clients, Servitas has served more than 45 schools across the United States with projects ranging from $7M to $370M in total cost. The firm provides its clients with the full suite of development services: market and demand research, financial structuring (including public-private partnerships), program development, construction administration, and property management. Servitas believes that each project is special, and so its senior leadership dedicates significant hands-on time to each and every one. Servitas’ corporate offices are located in Dallas and Houston. Visit www.servitas.com