Texas Woman’s University
Student Housing and Dining Development Advisory and Implementation Advisory
Faced with tremendous enrollment growth over the last several years, Texas Woman’s University was forced to occupy on-campus facilities over capacity and master-lease off-campus apartments and hotels. A new residential village would expand its on-campus residential capacity, bringing students previously living throughout Denton back to campus, keeping them connected with the TWU community.
Brailsford & Dunlavey initially helped the university develop a clear path toward reducing housing space constraints, enhancing programming initiatives for students, and generating positive economics. The Residential Village Project resulted from a series of analyses of market conditions and housing demand, as well as capital source options for funding, including a public-private partnership structure.
The project reached financial close in 2018, with B&D advising TWU through the development of the financial structure that best suited each party’s interests. The team defined a solution that incorporated a qualified management agreement for the dining facility, enabling it to be financed through tax-exempt bonds.
B&D oversaw the design and implementation process to assure program compliance, and the project opened on time and on budget in 2019. In addition to new housing and dining, students will enjoy various amenities including study and lounge spaces, a makerspace, and a fitness room.