1 / 19

Fraternity & Sorority Life Housing Project

Fraternity & Sorority Life Housing Project. February 5, 2013 UNF Fraternity & Sorority Housing Committee. University of North Florida. Greek Housing Feasibility Study & Financial Analysis. Treanor Architects. Greek Forum February 05, 2013. MGT of America. Feasibility Study Process.

jpollock
Download Presentation

Fraternity & Sorority Life Housing Project

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fraternity & Sorority Life Housing Project February 5, 2013 UNF Fraternity & Sorority Housing Committee

  2. University of North Florida Greek Housing Feasibility Study & Financial Analysis Treanor Architects Greek Forum February 05, 2013 MGT of America

  3. Feasibility Study Process Visioning Investigation & Evaluation Conceptualization Iteration Success

  4. Feasibility Study Process Visioning: ● ● ● ● ● Provide for Financial Stability & Viability Enhance Vibrancy of Campus Life Create a Positive, Healthy Community Design an Aesthetic that is Timeless & Engaging Create a Community – A Vibrant Village Develop a Sense of Pride of Ownership Have Respect for the Natural Environment ESTABLISH TRADITIONS DESIGN VILLAGE TO BE A VISIBLE PART OF CAMPUS PROVIDE A SENSE OF HOME VILLAGE SHOULD FEEL LIKE “THEIR HOME” DIFFERENTIATE IDENTITY DEVELOP STUDENTS HOLISTICALLY DESIGN THAT FITS & BELONGS AT UNF ● ● ● ● Establish Goals ● ● ● ● ● Prioritize the Goals ● Develop Mission Statement Create a Positive, Healthy Greek Community that Provides for a Vibrant Campus Life and is Financially Viable & Stable.

  5. Feasibility Study Process Investigation & Evaluation: Market Analysis Architectural Program Site Analysis Sustainability Strategy Quality Statement, Cost Financial Feasibility

  6. Architectural Program • Each House Includes: • Entry Foyer • Living Room • Residential Kitchen • Chapter Room & Storage • Study Room • Bedrooms with Community Baths • 2 Single Bedrooms, Remainder Double (16, 20 Bed) • 4 Single Bedrooms, Remainder Double (36 Bed)

  7. Architectural Program • Common Spaces Are Sized for Chapter Membership: 16- & 20-Bed House Living Room for 15 Chapter Room for 50 Smaller Kitchen 32-Bed House Living Room for 20 Chapter Room for 160 Larger Kitchen

  8. Feasibility Study Process Site: Conceptualization: You Are Here: Develop Site Master Plan Alumni Drive Assess Site Costs Refine Financial Feasibility Kernan Blvd 1st Coast Tech Pkwy

  9. Concept PHASE 1: Mix of House Sizes: 16, 20, 36 Beds Parking: 240 Street 180 Parking Lot 420 Total Spaces Future Phases: Commons Building Additional Houses

  10. Feasibility Project has proven to be feasible and prudent, given that the following parameters are met: Mix of House Sizes: Particular mix of sizes makes Pro Forma work 12-month housing agreements in lieu of 9-month – the only alternative is 33% increase in rates Lease Term: Housing Rates: Comparative rates to existing per-month rates in Fountains Rental charge for common spaces to the Organization Base Rent:

  11. Dr. Lucy Croft, Assistant Vice President for Student Affairs Overall Timeline

  12. Overall Timeline • February 5 Final presentation to organizations • Feb. 5 – March 1 Orgs. provide feedback on documents • March 15 UNF provides any changes/revisions • Feb. 5 – April 1 Orgs complete items associated with Requirements and submits preferences • Apr. 1 – Apr. 30 Organizations present to panel • April 30 UNF makes decisions about which orgs qualify for housing. • May 1 Orgs are notified as to UNF decision. • June 1 Orgs agree to form of lease and submit $20,000 down payment

  13. Shari Shuman, Vice President of Administration & Finance & Bob Boyle, Associate Director of University Housing Operations Housing Documents

  14. Lease Highlights Premises: Portions of the house consisting of foyer, kitchen, chapter/multipurpose room, living room, guest bathrooms, hallways, storage areas, study rooms, laundry room, patios, and outdoor recreation areas immediately adjacent and connected to the building.Premises do not include residents’ bedrooms or baths. Residents enter into individual agreements for bed space with UNF’s Office of Housing for 12 months. Term: Initially 5 years, with 5-year term extensions thereafter on mutual agreement

  15. Lease Highlights Cont… Security Deposit: $20,000, constant Use: Limited to active and alumni members; residence in house restricted to active members and live-in director. Live-in director required. Occupancy: House must not fall below 80% occupancy for more than two consecutive years. Maintenance: UNF maintains Premises and house, structure, roof, mechanical equipment, windows. Organization is responsible for regular custodial service in the Premises. Assignments/Subletting: Not permitted without UNF’s consent.

  16. Lease Highlights Cont… Base Rent: Amount payable annually on August 1 of each lease year; Increase of 4% per year. 36 bed freestanding house = $61,500 36 bed townhouse = $43,050 16 or 20 freestanding house = $27,500 16 or 20 townhouse = $19,250 Additional Rent: UNF Housing’s comparable rate for any unoccupied bed space, billed by UNF

  17. Residential Space Information Auxiliary driven Residential space v. common space Collection of residential rent Residential services Fraternity & Sorority Housing Handbook highlights

  18. Shari Shuman, Vice President of Administration & Finance & Dr. Lucy Croft, Assistant Vice President of Student Affairs Housing Selection Criteria

  19. Questions & Answers

More Related