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University of Louisville Residence Hall Renewal Master Plan September 14, 2005. Vision Market Analysis Operations Review Facility Assessment and Plan Implementation Plan. University wants the residence halls to be a recruitment advantage - PowerPoint PPT Presentation
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K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
University of LouisvilleResidence Hall Renewal Master Plan
September 14, 2005
–Vision –Market Analysis–Operations Review –Facility Assessment and Plan–Implementation Plan
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Residence Hall RenewalMaster Plan Assumptions
• University wants the residence halls to be a recruitment advantage
• University wants the residential experience to increase student campus engagement and academic success
• University wants to enrich campus life through increased on campus student housing capacity
• Living on campus at U of L improves student retention as shown in other national and institutional research
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Visioning the Future
• H&RL is integral to the campus community for student retention and satisfaction, leadership development and civic engagement and most importantly, support students’ academic success
• All residential housing on Belknap and Health Science campuses are seamlessly by our University HRL Team
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Visioning the Future
• Students are living and learning on campuses 2900 in single, double, suite, and apartment style housing
• A major facility renovation project funding and beginning with a completion goal of 2014
• Utilizing a combination of full-time/part-time university staff and outsourced vendor staff to provide the services necessary to maintain the halls
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Visioning the Future
• Providing contemporary, progressive technological services for residents and prospective students
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Visioning the Future
• Provide focused living learning communities for first year students, honors students and students interested in leadership development
• Sustaining active partnerships with the College of Arts and Sciences, The Speed School, and the Southern Police Institute resulting in new living learning centers for these schools’ students
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Visioning the Future
• Our facilities will be updated to provide an amenity-driven, consumer-oriented residential experience while remaining affordable
• Our facility environments will provide space that encourages engagement and academic success
• Students living on campus will gain a stronger connection to the overall university community
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Capacity Growth
1998
2005
2182 ON-CAMPUS1582
600
RETURNING DEDICATED FIRST YEAR
2182 TOTAL CAPACITY
2239
919
3158 TOTAL CAPACITY
2605 ON-CAMPUS
2011
2475
981
3456 TOTAL CAPACITY
2956 ON-CAMPUS
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
University of Louisville
Market Analysis–Benchmarking–Student Survey–Demand Projections
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Benchmarking• Profile of Off-Campus Properties
– Sample Size: 22 properties located within 15 miles of campus
– Property Size: 42 to 689 units; median 208 units
– Leases: All offer 12-month leases; majority offer 6- or 9-month leases (most for an additional charge)
– Security deposits: $0 to $450– Occupancy: 77% to 100%; median 92%
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Benchmarking• Off-Campus Rents by Unit Type
$565
$890 $930 $1
,080
$460
$459 $5
62
$779
$390
$345
$369
$550
Efficiency
(n=6)
1 Bedroom
(n=20)
2 Bedroom
(n=21)
3 Bedroom
(n=8)
High
Median
Low
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Benchmarking• Peer Institutions
– SUNY at Buffalo– University of Cincinnati– University of Illinois – Chicago– University of Kentucky – Lexington– University of Memphis– University of Missouri – Columbia – University of Nevada – Reno – University of Pittsburgh– University of South Florida– Wayne State University
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Benchmarking• Peers: Beds/Units as a % of Enrollment
– Median: 12% 65%
25%
23%
23%
12%
12%
12%
12%
10%
9%
7%
SUNY at Buffalo
University of Pittsburgh
University of Kentucky-Lexington
University of Missouri-Columbia
University of Memphis
University of Illinois-Chicago
University of Louisville
University of Nevada-Reno
University of Cincinnati
University of South Florida
Wayne State University
18%University of Louisville Proposed
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Benchmarking• Peers: Fall 2004 Occupancy
– Median: 98.5%100%
100%
99%
99%
98%
97%
93%
82%
University of Cincinnati
SUNY at Buffalo
University of Illinois-Chicago
University of Pittsburgh
University of Louisville
University of Missouri-Columbia
University of Nevada-Reno
University of Memphis
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Benchmarking
Peers: Room Rate Suite Double
– Median: $4,636$5,290
$5,210
$5,138
$4,790
$4,750
$4,636
$4,280
$4,250
$3,777
$3,108
$2,912
University of Nevada-Reno
University of Illinois-Chicago
University of Cincinnati
University of Pittsburgh
University of Missouri-Columbia
SUNY at Buffalo
Wayne State University
University of Kentucky-Lexington
University of Louisville
University of South Florida
University of Memphis
$5,140University of Louisville Proposed
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
BenchmarkingPeers: Room Rate Suite Double
– Median: $4,636
$5,290
$5,210
$5,138
$4,790
$4,750
$4,636
$4,280
$4,250
$3,777
$3,108
$2,912
University of Nevada-Reno
University of Illinois-Chicago
University of Cincinnati
University of Pittsburgh
University of Missouri-Columbia
SUNY at Buffalo
Wayne State University
University of Kentucky-Lexington
University of Louisville
University of South Florida
University of Memphis
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Student Survey• Off-Campus Housing Costs Per
Person– Single Students
$425
$300$250 $250
$144
$117
$100 $102
$569
$417
$350 $352
One Bedroom
(n=45)
Two Bedroom
(n=93)
Three Bedroom
(n=47)
Four Bedroom
(n=23)
Utilities
Rent
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Student SurveyOff-Campus Housing Costs Per Unit– Married/Family Students
$450 $525$625
$175$160
$245$625
$685
$870
One Bedroom
(n=16)
Two Bedroom
(n=38)
Three Bedroom
(n=11)
Utilities
Rent
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Student SurveyMedian Price Per Unit Comparison With Market Rents
– Students are generally renting at or below the median price in the market
– Married/family students generally seek lower cost housing than single student who share the rent
ASL Market Sample $460 $459 $562 $779
Single Student Survey Respondents $392 $425 $600 $750
Married/ Family Survey Respondents - $450 $525 $625
EfficiencyOne
BedroomTwo
BedroomThree
BedroomMarket
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Student SurveyUnit Types and Rents Tested in the Survey
Renovated Traditional Double
Full renovation that includes new furniture, new wall and floor finishes, replacement of heating and cooling, plumbing, electrical systems, and new windows so that the hall is like
when it was first built
$3,920 $436
Improved Traditional Double
Full renovation as described above plus more private and less crowded bathrooms, new study/ lounge areas, expanded public
areas including kitchens, laundries, and meeting rooms, improved in-room temperature control, and new acoustically
insulated windows
$4,600 $511
New Semi-Suite DoubleNew construction, two double rooms sharing a semi-private
bath (similar to Kurz Hall)$5,140 $571
New Semi-Suite SingleNew construction, two single rooms sharing a semi-private
bath (similar to Kurz Hall)$5,860 $651
DescriptionTested AY Rent
Monthly EquivalentUnit Type
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Student SurveyMost Important Factors Respondents Considered in their Housing Decision
0 500 1000 1500 2000 2500
Availability of parking
Ability to meet other students/social atmosphere
Physical condition of the housing
Freedom from rules and regulations
Security
Have own bedroom
Have personal space/privacy
Adequate living space
Proximity to campus facilities and services
Affordable cost
Weighted Scale
OverallOn CampusOff Campus
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Student SurveyInterest in Proposed Housing
45%
18%
37%
20%
26%
57%
18%
15%
9%
9%
41%
On Campus Off Campus Total
Would not have livedthere.
Probably would not havelived there (less than a50/ 50 chance).
Might have lived there(50/ 50 chance).
Definitely would havelived there.
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Student SurveyReasons for Lack of Interest in Proposed Housing
0 100 200 300 400 500 600
Prefer University Tower or Medical/Dental Apartments
Prefer Louisville Hall
Prefer existing traditional campus housing
I already own a home
Prefer Bettie Johnson Hall
I live with my spouse and/or children
I do not want to move
Concerned about the level of rules & regulations
I live with my parents/relatives
Prefer to rent off campus
The housing is too expensive
Number of Respondents
Off Campus
On Campus
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Demand ProjectionsOff-Campus Student Demand – Fall 2004
– Overall, 7.5% of current off-campus residents “would” or “might” be interested in the proposed housing
– Significant percentage of off-campus freshmen interested
ClassCapture
Rate50%
ClosureCapture
Rate25%
Closure
Freshmen 2,167 8% 82 30% 164 245
Sophomores 1,884 2% 22 17% 79 101
Juniors 2,120 5% 48 21% 114 161Seniors 2,285 3% 36 17% 98 134
8,456 187 454 641
Full-timeOff-Campus Enrollment
Projected Demand
Definitely InterestedMight Be Interested
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Demand ProjectionsOn-Campus Student Demand – Fall 2004
– Overall, 32% of current on-campus residents “would” or “might” be interested in the proposed housing
– Lower-division students most interested
ClassCapture
Rate50%
ClosureCapture
Rate25%
Closure
Freshmen 1,550 50% 389 35% 135 524
Sophomores 604 45% 135 35% 53 187
Juniors 164 30% 24 53% 22 46Seniors 68 33% 11 33% 6 17
2,386 560 215 775
Full-timeOn-Campus Enrollment
Projected Demand
Definitely InterestedMight Be Interested
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Market Analysis
Demand ProjectionsTotal Demand by Unit Preference – Fall
2004
– Demand at higher rents for renovated traditional halls and new semi-suites still exceeds the proposed supply of 1,033 beds
Renovated Traditional Double $3,920 18% 117 20% 158 274
Improved Traditional Double $4,600 30% 194 42% 323 517
New Semi-Suite Double $5,140 20% 127 19% 149 276
New Semi-Suite Single $5,860 32% 204 19% 144 348
Total 100% 641 100% 775 1,416
Preference Demand
Total Projected Demand
2004 Rent Per Student
Per AY Unit TypeOff-Campus Students Preference Demand
On-Campus Students
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
University of Louisville
Operations Analysis– Progress Report– Challenges and Opportunities– Visioning the Future
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Overview• Four Aggressive Years of Growth and
Improvements• Challenges and Opportunities
Remaining– Major issues and recommendations for
University Leadership– Major Issues and recommendations for Housing
and Residence Life
• Visioning the Future
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Progress Report• Four Years of Growth and
Improvement– General fund subsidy has been eliminated from
the housing budget– Student housing capacity has grown in four
years from 9% to over 12% of fulltime undergraduate students
– Space renovated in Threlkeld for the Etscorn Honors Center – significant endorsement of the learning value of living on campus
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Progress Report
…More Improvements– Housing cancellation policies and penalties
have improved spring occupancy by 2-3 % annually.
– Enhanced security and fire safety program with access control and sprinkler systems
– Began house calls and facility assistant visits – Enhanced the First Year Experience for
residential students with various initiatives
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• University Leadership
– Do you want the residential experience to help recruit tomorrow’s best students?
– What level of commitment is sustainable from academic affairs for world-class residential learning communities?
– Can retention be increased through the nexus of a distinctive residential experience?
– Is the time right to establish a single source campus housing management approach?
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• Recommendations for University
Leadership– Effect the coordinated marketing and
management of UofL Housing with ULP to have a single source of authority for the University’s student residential experience• Recruitment - Marketing• Retention• Asset management• Occupancy designations• Policy development• Academic and educational focus
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• Recommendations for University
Leadership
– For a specified period of years consistent the housing master plan, re-direct general fund overhead charges, interest on housing revenues/reserves and housing budget surpluses directly to the residential capital projects
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• Recommendations for University
Leadership– Delegate to the Housing and Residence Life
management team the decisions of where students should be assigned based on market forces and educational needs.
– Develop a plan to eliminate the requirement that upper class students living on campus must purchase a meal plan
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• Recommendations for University
Leadership– Appoint a task force of faculty and student
affairs and housing staff to develop a strategic plan for an expanded focus on residential learning
– Provide appropriate educational funds to support the residential learning initiatives needed to support recruitment and retention of students
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• Housing and Residence Life
– How can the residential facilities and the on campus experience support recruitment and retention of students?
– Can we guarantee housing to all first year students?– What is the primary focus of the educational
experience in residence life?– Can you develop business practices that enable full
tracking of all fiscal issues while allowing reduction in operating costs
– Should you adopt practices where appropriate from the Allen & O’Hara management and marketing model
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• Recommendations for Housing
Leadership– Develop a plan, in collaboration with
enrollment management, to guarantee all first year students who apply by May 1st each year (and thereafter as well)
– Identify market niches and marketing strategies to increase overall fall occupancy by 2-3% within three years
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• Recommendations for Housing
Leadership– Establish first year residence halls so that
front-loaded student support can efficiently enhance their retention to the sophomore year
– Centralize housing’s residence life and student services around simplified and focused residential learning objectives to enhance the success of first year and other residential students
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Challenges and Opportunities• Recommendations for Housing
Leadership– Reduce operating expenses through re-organization,
more clearly focused student academic success activities, and re-engineered business practices
– Develop a business model scenario applying the ULP operations structure to UofL Housing to clearly identify the added operating expenses of the current H&RL budget
– Analyze the differences to determine if the added expenses are justified by student outcomes in terms of recruitment or retention
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Operations Review
Visioning the Future
– The educational experience gained by living on campus is recognized and valued by all stakeholders
– Aggressively funded capital investments transform the traditional residence halls into engaged learning environments with comfortable and secure accommodations
– The recruitment of your next generation of students is enhanced by the quality of the residential experience at the University of Louisville
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
University of Louisville
Facility Assessment and Plan–Assessment –Options–Implementation
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Part One - Analysis
Facility Existing Condition Assessment• Site• Structure• Exterior Enclosure• Roof• Finishes• Conveying• Mechanical, electrical, Plumbing, Fire Protection Systems• Building Code• ADA Accessibility
Program Assessment• Unit types / mixes• Amenities• Living – learning Communities
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Miller Hall – Recommended OptionThrelkeld Similar
Lounge(2500 sf new)
Seminar
Office
Front Desk
Recreation
Kit.
WC
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
RD Apt.
2B
Elev.
Residence Hall
Shared Spaces
Floor 1
Computer
WC
Laundry
Vending
LoungeBath
System Renewals
•New Mechanical System
•New Electrical System
•New Windows
•New Roof
•New Interior Finishes
•Elevator
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Miller Hall – Recommended OptionThrelkeld Similar
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
2B
Lng
2B
2B
2B
2B
Lng2B
Elev.
Floor 2-4
Bath
Bath
2B
2B
2B
2B
2B
2B
2B
2B
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
49 Complex – Recommended Option
- Three existing dormitories, three stories each.
- First floor elevations are unequal
- Underutilized first floor plan
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
49 Complex – New Construction
- Two new 250 bed Residence Halls at 65,000 GSF each.
- 4 levels.
- Food Service at 9,500 GSF. 1 level.
- 2 Fraternity Chapter Rooms at 4,000 GSF
Service
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
i
49 Complex - New Construction Floor Plan
First Floor Plan
Reasons for replacement of 49 Complex• New Unit types• All new systems, better fit to campus• Better use of site• New image for complex = higher rents
Reasons for removal of Stevenson Hall
• Existing rooms too small for doubles
• Raises $ / bed cost to higher than new construction
• Removed beds accommodated in 49 Complex replacement
• Residence Life offices remain at Stevenson; upper floors change program use
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
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49 Complex - New Construction Floor Plan
Typical Floor Plan
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
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Semi-suites Options for New Construction
Living Learning Suite
2B
1B
2B
1B
1B
2B
1B
2BBATH
STUDYLOUNG
E
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
University of Louisville
Implementation Plan– Scope– Financial Plan– Summary Recommendations
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
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Implementation Plan
Scope
• On-Campus Facilities– Operations: All existing halls – Capital Improvements: Residential master plan
projects; others deferred
• ULP Beds– Bettie Johnson, Kurz, and Campus Commons not
in financial model– Project surpluses source of revenue only– Merger of management systems to be
determined
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Scope• ULP Merger/Acquisition
– Ownership to remain with ULH• No financial benefit to University ownership• Risk of financial default should remain with ULH• Improving net available cash flow to University• Additional debt service not advisable in wake of
$50 million in new debt for residential master plan
– Management• Short-term: Process re-engineering to approach
vision• Long-term: Realignment to single point of control
within University to achieve vision
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
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Implementation Plan
Financial Plan• Challenges and Constraints
– Rental rates are low– High operating costs per bed
– Ongoing renewal and replacement – Existing debt service– No reserves
• Outcome: Minimal existing debt capacity to fund renovations and quality construction
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
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Implementation Plan
Financial Plan• Creating Debt Capacity
– Increase rents faster than operating costs– Charge rental premiums for comprehensive
renovations and new construction– Trim operating costs and non-operating
transfers– Minimize capital expenses
• Outcome: Increased cash flow that can be leveraged to fund capital improvements
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Financial Plan• Revenue Assumptions
– 6% annual escalation through FY2009 all beds– 45% premium in year following project
completion– 95% post-completion occupancy
• Operating Cost Assumptions– Current operating results as baseline– 3% annual inflation (i.e., 3% less than rents) – 10% reduction in year following completion
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
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Implementation Plan
Financial Plan• Capital Improvements
– Capital Expenses• 25% of annual surplus, if available
– Construction Costs• Renovations based on input from planning team• $160 per gross square foot for new construction
– Development Budgets• Include FF&E, design fees, development costs,
contingency, and financing costs• Average markup 33% of construction costs
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Financial Plan• Financing and Reserves (New/Reno)
– Bond coupon rate 5.5% 5.0%– Term 30 yrs 20
yrs– Earnings on reserves 2.5%– Reserves
• Balance of $1.0 million assumed as of 7/1/2005• Operating surpluses are transferred to reserves• Operating deficits are funded from reserves• Provide backup debt service coverage
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Financial Plan• Summary
ProjectProjectType
Revenue Beds/Units
Development Budget
Scheduled Completion
49A: West Hall Vacate 0 - Aug-2006
49B: Center Hall Vacate 0 - Aug-2006
49C: Wellness Hall Vacate 0 - Aug-2006
New Commons Phase 1 New Construction 250 14,309,000 Aug-2007
Threlkeld Hall Renovation 241 9,467,000 Aug-2008
New Commons Phase 2 New Construction 250 14,733,000 Aug-2008
Stevenson Hall Vacate 0 - Aug-2009
Miller Hall Renovation 292 11,830,000 Aug-2009
Unitas Towers Deferred 298 -
University Tower Apts Deferred 100 -
Medical Dental Complex Deferred 100 -
Louisville Hall Deferred 209 -
1,740 50,339,000$
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Financial Plan• Bed Distribution
0
500
1,000
1,500
2,000
2,500
3,000
3,500
'06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20
ULP BedsSingleDoubleTripleQuad
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Financial PlanOperating Budget
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
'06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20
Net RevenueOperating CostNet Operating Income
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Financial PlanDebt Service Coverage
0.80
1.00
1.20
1.40
1.60
1.80
2.00
2.20
'06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20
Target Min. Coverage
Debt Service Coverage
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Financial PlanReserves
($5,000)
$0
$5,000
$10,000
$15,000
$20,000
'06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20
Restricted for Debt CoverageUnrestricted FundsTransfer To (From) Reserves
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Implementation Plan
Summary Recommendations• Establish advisory team to oversee the Plan
• Collaborate with Academic Affairs to establish living/learning environments
• Formalize inter-departmental business processes and agreements in support of full auxiliary status
• Seek operational and programmatic efficiencies to reduce operating costs
• Implement phased facilities renewal plan• Move oversight and control of ULP management
to Residence Administration
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Program Summary
1 Bedroom (7) Studio (1)
28 Offices total
5,320 SF
MEDICAL / DENTAL APTS – Recommended Upgrade
74 Apartments
Floor 1
1B
1B 1B 1B 1B
1B ST
1B
OF
OF
OF
OF
OF
OF
OF
BATH
RES LOBBY
BATH
BLDG LOBBY
Gross Area/ Floor (first)Gross Area/ Floor (2-4)Gross Area/ Floor (5-7)Total AreaFirst FloorTyp. Office Area7 Offices per FloorBuilding LobbyApts Lobby
10,650 SF32,331 SF
24,735 SF 67,716 SF
190 SF1,330 SF
265 SF403 SF
K. Norman Berry Associates Architects PLLCK. Norman Berry Associates Architects PLLC
University of LouisvilleUniversity of Louisville Residence Hall Renewal Master Plan Residence Hall Renewal Master Plan
ANDERSON STRICKLER, LLC
Program SummarySecond Floor to Fourth
Floor1 Bed room/Studio (10)2 Bed room (1) Work room (1)
MEDICAL / DENTAL APTS – Recommended Upgrade
Floor 2-4
2B ST ST 1B
ST
ST
1B ST 1B 1B 1B
OF
OF
OF
OF
OFOF
OF
Work room
BATHBATH
LOB