Green luxury student housing : a real estate feasibility study
Name
228655941-MIT.pdf
Description
Full printable version
Size
1.57 MB
Format
Adobe PDF
Checksum (MD5)
4f2626ad7042331a14a403fa09384b2a
Author(s)
Pace, Matthew E. (Matthew Edward)
Advisor(s)
John F. Kennedy.
Date Issued
2007
Publisher
Massachusetts Institute of Technology
Abstract
The primary purpose of this thesis is to estimate the demand for student housing that focuses on upperclass undergraduate and graduate students who typically shy away from dormitory housing. The initial chapters provide a brief introduction to conventional student housing, explain why the market is growing, review the growing sustainability trend and introduce the idea of green luxury student housing. Chicago serves as the test market where more than forty universities currently operate. Methods for financing, demand drivers, and overall feasibility are discussed for relevance to the market. Two examples of recently built student housing projects in Chicago and Boston are reviewed for current trends and components to their success. Research conducted includes interviews with student housing developers, a student housing consultant, academic staff and other project participants. Site visits, available online data and reviews of project documentation supplement this research. The thesis concludes with the expected demand believed to support the newly defined market niche and its potential feasibility.
Description
Thesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Architecture, 2007.
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Includes bibliographical references (leaves 71-74).
Subjects
Architecture.
MIT Department
Massachusetts Institute of Technology. Department of Architecture
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