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CBG Breaks Ground on Student Housing Community at the University of Kansas

372-Unit, Amenity-Rich Community with Dining Facility Underway
April 1, 2016

LAWRENCE, Kan.—CBG Building Company begins work today on a 1,258-bed, five-building student housing community at Kansas University for client Edgemoor Infrastructure & Real Estate. Central District will provide students with on-campus living, dining, and amenities, including outdoor recreation space, fitness center, multipurpose classrooms, study rooms, laundry facilities, lounges, and courtyard with outdoor dining area.

CBG Breaks Ground on Student Housing Community at the University of Kansas Press Release Image

Downs Hall

"We are thrilled to partner with CBG on the KU Central District Development Project," said Geoffrey Stricker, managing director with Edgemoor. "CBG has been very collaborative working with Edgemoor and the University of Kansas to create amenity-rich student housing and dining facilities."

In addition to housing and amenities, Central District will feature a 400-student commercial dining facility containing multiple kitchens and walk-in freezers. The dining facility will include provisions for a centralized distribution component, which will process and distribute food to other dining facilities on campus.

"We are excited to work with Edgemoor to expand our student housing portfolio," said Chris Hirst, senior vice president at CBG. "Central District will provide students with an inclusive on-campus living and dining experience."

Central District will feature a variety of sustainable elements, including continuous exterior insulation, TPO roofing, low-flow water fixtures, LED light fixtures, and energy-efficient appliances and windows. The community will employ Prescient technology, which utilizes pre-designed and constructed, steel building panels for a greener and more efficient building.

In addition to Central District, CBG's recent student housing portfolio includes the following: Landmark College Park, a 276-unit LEED Silver mixed-use community in College Park, Maryland; Uncommon Charlottesville, a 162-unit mixed-use community in Charlottesville, Virginia scheduled for completion fall 2016; Uncommon Tampa, a 161-unit multi-building community utilizing Prescient technology in Tampa, Florida scheduled for completion fall 2016; and Terrapin Row, a 418-unit mixed-use community in College Park on the University of Maryland's historic South Campus scheduled for completion fall 2017.

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About CBG Building Company

Through a relentless pursuit of innovation, a steadfast commitment to quality, and active collaboration with clients, CBG has been delivering award-winning communities from coast to coast for more than 25 years. CBG's professional construction team builds more than 4,000 homes each year, providing high-quality, responsive service backed by a significant bonding capacity and national resources. CBG's experience spans a diverse portfolio of geographic areas and product types, including luxury, mixed-use, and affordable housing apartments, as well as campus housing, military family communities, and senior living facilities. Together, we draw on the knowledge gained through building more than 80,000 housing units since 1992. For more information, visit www.cbgbuildingcompany.com.

About Edgemoor Infrastructure & Real Estate

Edgemoor Infrastructure & Real Estate is a leading developer and asset manager of public buildings and infrastructure. Edgemoor offers a full spectrum of financial, real estate and project development management services including site/market feasibility analysis and coordination of planning, design, entitlements, financing, construction, interior fit-out, move-in and asset management. For more information, visit www.edgemoordevelopment.com.