
Rutgers University officials are set to build an expansive academic building with 2,000 extra classroom seats, an 800-bed student housing facility, and a residential honors college for 500 of the school’s best students as the campus becomes the latest to fund construction in a public-private partnership.
The university’s Board of Governors and Board of Trustees agreed to allow administration officials to start formal negotiations with the New Brunswick Development Corp., which will help fund the massive $295 million construction and renovation project.
The proposed project would include a 150,000-square-foot academic building; a residential honors college; an 800-bed student residence hall with street-level retail shopping and dining, and a new campus parking deck off George Street.…Read More