Boca Raton, Florida, June 29, 2021 — Lynn University alongside its finance, development, design and construction teams officially broke ground on a new residence hall. The $40.5 million building will provide affordable, university housing for 342 upperclassmen. It’s set to open for the Fall 2022 semester.
The project is in collaboration with Capstone Development Partners, a national student housing developer, and its team through a public-private partnership. The design-build team includes Design Collective, Donahue Architecture and Design, and Gerrits Construction. Brailsford & Dunlavey serves as an advisor to the university, while Capstone Management Partners provides asset management, facility maintenance and custodial services in partnership with Lynn.
“Lynn is experiencing positive growth and making progress toward completion of its Lynn 2025 strategic plan, which includes enhancing our housing facilities,” said Lynn President Kevin M. Ross. “Partnering with leaders in the student housing industry allows us to quickly add on-campus residences for upperclassmen who are essential to our vibrant college community.”
The residence hall will include apartment-style units with living areas and kitchens. The primary unit will have four bedrooms and two bathrooms. Two-bedroom and studio apartments also will be offered. Project amenities will include a community kitchen, TV lounge, flexible workspace, multi-purpose room and quiet study lounges. Each space will be designed to create a vibrant living and learning environment that aids in student development and builds a greater sense of community for upper-division students.
Supporting Lynn’s Apple Distinguished School designation, students will use mobile technology for entry access.
U.S. Green Building Council’s LEED Silver standards will guide construction and design. Sustainable features will include solar sunshades, low-E glazing, high SRI roof material, low-flow fixtures, a high efficiency HVAC system and LED lighting. Builders will use locally sourced materials where possible, including an energy-efficient concrete plank and concrete masonry unit structural system. The private interior courtyard is designed to include native plantings and water-conserving landscaping.
The project is financed with non-recourse, tax-exempt bonds. Capstone worked with Citi to help coordinate the financing, and Provident Resources Group is the nonprofit owner.
Lynn University
Lynn University is an independent college based in Boca Raton, Florida, with approximately 3,000 students from nearly 100 countries. U.S. News & World Report has recognized Lynn for its innovation, international students and value. Lynn’s NCAA Division II Fighting Knights have won 25 national titles, its Conservatory of Music features a world-renowned faculty of performers, and its nationally recognized Institute for Achievement and Learning empowers students with learning differences. The school’s Dialogues curriculum and award-winning iPad program help Lynn graduates gain the intellectual flexibility and global experience to fulfill their potential in an ever-changing world.
For more information visit lynn.edu
Capstone Development Partners
Capstone Development Partners, LLC is a leading student housing developer in the on-campus and university-affiliated student housing market. The company holds offices in Birmingham, Alabama and Denver, Colorado. Its principals, Jeff Jones and Bruce McKee, have more than 45 years combined experience as leaders in the higher education student housing sector specializing in the development and management of on-campus student housing through Public-Private Partnerships. Since 1997, the principals of Capstone have partnered with 70 public and private colleges and universities and delivered more than 45,000 beds of student housing nationwide.
For more information, visit capdevpartners.com
Capstone Management Partners
Capstone Management Partners (“Capstone Management” or “CMP”), a Capstone Development Partners’ company, is located in Denver, CO. CMP provides operations and maintenance management for on-campus student residential communities across the nation. The company offers a range of services including operations and maintenance services, asset management, responsive maintenance and custodial services, preventative maintenance programs, marketing and leasing and capital renewal planning. These services are tailored to the needs of each project and provided with unmatched excellence in customer service. CMP leadership is made of individuals with extensive higher education backgrounds and experience.
For more information, visit capstonemp.com
Gerrits Construction
In 1945, Edward J. Gerrits founded a quality-oriented, owner-friendly construction company focusing on the commercial construction industry in South Florida. More than 75 years, 8 countries and 17 states later, those guiding principles continue to be the foundation of the Gerrits family’s third generation firm. Gerrits’ solid reputation is based on their commitment to quality and client satisfaction. Gerrits Construction, Inc. will continue to build upon its reputation as a well-respected, innovative and responsive leader in the construction industry.
For more information, visit gerritsconstruction.com
Design Collective
Design Collective is a multi-disciplinary architectural design firm that focuses on designing student-oriented communities and facilities for college and university campuses that are program responsive, resource efficient, transformational, and contextually appropriate. With over 40 years of experience, the firm’s work is often highlighted in academic journals and professional trade publications, repeatedly recognized for design excellence with over 350 design awards to its credit. Design Collective’s extensive student housing portfolio represents well over 38,000 beds on more than 50 college and university campuses across the country.
For more information, visit designcollective.com
Donahue Architecture and Design
Donahue Architecture and Design is a Boca Raton, Florida based firm specializing in the design of higher education Student Housing and Seniors Living and Care Communities. The firm has a long-standing solid presence in the South Florida region. Our boutique size and structure enables us to offer high quality, flexible services and extraordinarily personalized results to a select list of clients. Attention to detail is paramount in working side by side with our client to find the right solutions and accomplish the desired outcomes for each project. Our 40 years of experience give us the ability to understand the complex and interdependent nuances in the Student Housing and Seniors Living market sectors.
For more information, visit donahuead.com
Provident Resources Group
Provident Resources is a national non-profit organization committed to making a positive impact in communities across the country through the development, ownership and operation of state-of-the-art educational, healthcare, senior living, and multi-family housing facilities and services. In addition, Provident endeavors to assist state and local governments in lessening the burdens they face in providing necessary facilities and services to their citizens. Provident employs the highest level of professional management while taking a mission-based approach to the delivery of services. Founded in 1999 by Steve Hicks, Provident has been serving its mission in communities across 21 states and the District of Columbia. With assets under management and operation of $3.6 billion, Provident is proof that even in a rapidly changing world, a non-profit organization can effectively serve the greater good while achieving sound financial results.
For more information, visit provident.org
MEDIA CONTACTS
Lynn University
Jamie D’Aria
561-237-7629
jdaria@lynn.edu
Capstone Development Partners
Nicole Ivanovich
205-949-5052
nivanovich@capstone-dev.com
Gerrits Construction
Denise Santiago
561-477-3553
denise@gciconstructs.com
Design Collective
Will Jovel
410-246-2562
wjovel@designcollective.com
Donahue Architecture and Design
Kimberly Rodale
561-379-9516
kimberly@donahuead.com
Provident Resources Group
Chris Hicks
225-236-0720
cch@provident.org