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Gilbane Development to Begin $400M in New Student Housing Projects

All of the student housing buildings are expected to begin operations by the fall of 2020, with the exception of the Octave at the University of Illinois Urbana-Champaign project, which is scheduled for a fall 2019 occupancy.

The Octave will be a two-building, 538-bed student housing complex located at 210 South Fourth St. in Champaign, IL. The Octave will be a two-building, 538-bed student housing complex located at 210 South Fourth St. in Champaign, IL.

PROVIDENCE, RI—Locally-based Gilbane Development Co. reports it will begin development of five student housing projects adjacent to major universities in Illinois, Arizona, Oregon, Maryland and Georgia totaling more than 3,500 beds.

The company states the total development cost for the projects will exceed $400 million. All of the student housing buildings are expected to begin operations by the fall of 2020, with the exception of the Octave at the University of Illinois Urbana-Champaign project, which is scheduled for an earlier fall 2019 occupancy.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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