Student Housing Approach

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JE Dunn has developed LensTM, a proprietary suite of tools which supports a collaborative approach to the preconstruction process. The tools allow us to not only build detailed estimates starting at the concept level, but also to collect that data in an extensive cost history library. Below is one example of how such data can be effectively utilized. Data points from ten of our most recent higher education projects display key metrics like cost/bed, cost/ rentable square foot, and cost/gross square foot.

STUDENT HOUSING

Apartment Metrics: Cost Gross Square Foot (GSF)

Apartment Metrics: Cost/Bed cost/bed

average

$200,000 / EA $180,000 / EA

$140,000 / EA

conditions, new discoveries and the evolving role that technology is playing in the built environment. We have helped many

$120,000 / EA

campuses realize their dream of building residential environments for students because we understand all the elements that

$100,000 / EA

factor into building inspired places to live and learn.

average

$350 / GSF

$160,000 / EA

Student housing is an essential higher education sector. Like our clients, JE Dunn is adapting to address changing market

cost/gsf

$400 / GSF

$300 / GSF

$250 / GSF

AVG $121,150/EA

AVG $236.57/EA

$200 / GSF

$80,000 / EA

$150 / GSF

$60,000 / EA

$100 / GSF

$40,000 / EA

We understand the need for timely and accurate information in order to maintain aggressive budgets and schedules. The construction of these projects require the efforts of many people and stellar communication. Our approach to project

$50 / GSF

$20,000 / EA

$0 / GSF

$0 / EA projects

projects

*targeted RSF equals 74%-84% GSF

management is to keep our clients informed of the project and the process at each step to avoid surprises and meet your move-in date.

Student Success

We have significant experience working with our clients to deliver maximum project value by utilizing various structure types and mechanical systems. We prefer to be involved early in the design process and collaborate with the owner and designer to determine the most effective and efficient approach.

Below are pros and cons of each system. These metrics arm you with several benefits including: » »

Student housing is often the first home a student will have of their own. It sets

»

Early cost opinions for decision making. Detailed understanding of how these metrics affect efficiency and viability of your project. Creative ideas to solve issues that arise.

the stage for how comfortable, connected, and grounded a student is within STRUCTURAL SYSTEMS

the overall campus life experience. A good first year experience is one of the greatest factors in students remaining at a school through graduation. Campus

LIGHT GAUGE FRAMING similar to Prescient, EcoSpan, and Hambro

POST-TENSIONED CONCRETE

student housing is an opportunity for a university to mold that experience to best

pros

resemble the culture of the institution.

Impact on Student Life

» » » »

longest life cycle built in fire rating thinner slabs/reduced building height future flexibility

» » »

cost effective quick erection time does not require structural stair and elevator cores

Campus safety and social connectivity is increasingly important. Student housing provides physical and emotional safety for students. Integration with campus security and IT networks, functional gathering and collaboration spaces, and appropriate barriers allow for social integration with the opportunity to connect,

WOOD FRAMED

» » »

cost effective larger labor pool speed of installation / potential for prefab

» » » » »

less durable less resistance to the elements less sophisticated subcontractor market limitations in building size insurance limitations

cons » »

complexity of work limitations for future floor penetrations

» » »

while maintaining quiet privacy when needed.

limits flexibility in layout of interior design schedule and sequencing limitations requires deeper structural floor system and increased floor-to-floor heights

MECHANICAL SYSTEMS DX SPLIT SYSTEM

Integration with Campus Standards JE Dunn takes pride in being a partner, not just a builder. We listen to our clients

VRF pros

»

most cost effective

and understand how success is valued by all key stakeholders. We understand

» »

quality from the perspective of the Dean of Student Living, as well as durability and functionality from the perspective of Facilities Management. We will partner with you to investigate materials and installation methods to allow your facility to be both iconic and integrated with campus architecture.

WATER SOURCED HEAT PUMPS

efficient flexible design

»

system not limited by building height

»

higher initial cost than DX split system

cons » »

system utilizes entirety of rooftop space linesets limited to 200’

» »

most expensive skill required to install (newer technology)

JE Dunn feels strongly enough about the student housing market we are also investors. for more information on how we can partner with you please visit: https://jedunncapitalpartners.com


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