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Washington DC & Mid-Atlantic  + DC Metro  + Student Housing  |  March 23, 2020
Paul Bubny
By: Paul Bubny

Balfour Beatty Closes on P3 for Student Housing at Bowie State

Balfour Beatty Campus Solutions said financial close has been reached on a public-private partnership (P3) project at Bowie State University (BSU) in Bowie, MD, to deliver an on-campus housing community that will also feature an entrepreneurship center designed to house university-run business organizations.

The developer collaborated with BSU leadership and Maryland Economic Development Corporation (MEDCO) on planning and design. MEDCO will own the residential facility, which will be managed by BSU.

Scheduled to open in fall 2021, the 170,000 square-foot development will bring 557 beds to the campus, as well as a variety of amenities, including lounges, flexible classroom space, a fitness center, laundry facilities, community kitchens and parking. Construction of the project commenced in February.

The development will also become the main hub for BSU’s Entrepreneurship Academy, an organization intended to help students develop their own business opportunities and become innovative thinkers and problem-solvers for established companies.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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