PHOENIX The state Board of Regents has approved an Arizona State University plan to build more than 700 new student-housing beds in downtown Phoenix by August 2008.
The 100 (m) million-dollar-plus project will be located on the northern end of the downtown Phoenix campus and will be entirely funded by a private developer, who will in turn charge students rent.
Last year, more than thirteen hundred students from the College of Public Programs, the College of Nursing, University College and the Walter Cronkite School of Journalism lived in on-campus housing on the Tempe campus.
By fall 2008, all of those programs will have moved to downtown Phoenix, where ASU currently only has beds for 260 students.
The project, which is being built in phases, will eventually contain as many as thirteen hundred beds.
The university is currently talking about rates set at a maximum of 695 dollars per month, for a ten-month lease. Rates would be higher for students who want their own room.
Information from: The Arizona Republic, http://www.azcentral.com
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