VCU is evaluating entering into a public/private partnership to construct a new Honors College Housing facility for the university properties at 700-716 W. Grace Street. The project will provide undergraduate housing for Honors College and will provide additional student housing to respond to increased demand for on-campus housing. Approximately 700+ beds are anticipated and will include various unit types focused on the developmental age of residents (traditional and semi-suite style rooms). The new facility will provide needed space for the Honors College program including office space, academic/teaching space, collaborative areas for group work, and event space. Once the facility is constructed, the Honors College staff will be moving from their existing location at 701 W. Grace Street.
The project supports ONE VCU Master Plan goals related to student success. Placing new housing on the Grace Street corridor enhances vibrancy and activity along the campus main street. Opportunities for ground-floor retail space in the facility are also being explored.
Project Status: Pre-planning phase of study
Location: 700-716 W. Grace Street
Where it is on the Six-Year Capital Plan: Second biennium (2024-2026)
Estimated Timeline: To be determined
Funding Source: To be determined as project structure is finalized, but likely a combination of student rent money and/or private support
Pre-planning Consultants: Brailsford & Dunlavey (Public/Private Development Consulting)
It is important to note that undertaking a pre-planning study does not guarantee that a particular project will come to fruition. Issues such as funding availability or a shift in priorities can delay or even cancel a project from becoming a reality.
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If you have questions or feedback about this project or the ONE VCU Master Plan