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Thursday, August 14, 2014

Northeastern Illinois University Selects American Campus Communities to Develop its Student Housing

Northeastern Illinois University has selected the team member that will be responsible for the planning, development and operations of the University’s inaugural student residences. One of the nation’s leading student housing providers, American Campus Communities will work with Northeastern and lead a locally-based design team to develop and implement the plans.

“Northeastern cares greatly about our students and their success. The addition of an affordable, supportive living and learning environment close to academic programs and student services will greatly enhance our ability to recruit and retain students,” said Frank E. Ross, vice president for student affairs at Northeastern. “We are thrilled to have ACC as a key team member in the development of our student housing, which is scheduled to open in fall 2016.”

As the last Illinois public university to add a student-housing program, Northeastern plans to leverage its Chicago location and transformative educational experience in attracting students from across the region and around the globe.

Sharon Hahs, president, Northeastern Illinois University, said, “We are confident that this project will help us develop a residential life component that complements the excellent academic experience our talented faculty provide our students. Additionally, student housing will provide another opportunity to foster a greater sense of community for our students.”

American Campus Communities, based in Austin, Texas, was selected as a key team member through a competitive review process. Their project team is highly experienced within the State of Illinois and previously collaborated with Illinois State University on a student housing project.

Updates regarding the development of student housing at Northeastern Illinois University may be found at www.neiu.edu/housing.

About American Campus Communities

American Campus Communities, Inc., is a leading developer and manager of student housing communities in the United States and is publicly-traded on the NYSE (ticker symbol: ACC). The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. American Campus Communities owns 167 student housing properties containing approximately 102,700 beds. Including its owned and third-party managed properties, ACC’s total managed portfolio consists of 201 properties with approximately 128,700 beds. Visit www.americancampus.com.

 

About Northeastern Illinois University

Northeastern Illinois University is a fully accredited public university serving 10,000 full and part-time undergraduate and graduate students in the Chicago metropolitan area. Northeastern engages its diverse university community in a rich environment of learning, teaching and scholarship. The University offers more than 80 academic programs in the arts, sciences, education and business. In 2012 Newsweek magazine named Northeastern Illinois University the sixth best investment among all universities in the nation and number one in Illinois. The University also is recognized by U.S. News & World Report as one of the most diverse universities in the United States and is federally designated as a Hispanic-Serving Institution.

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