Cost and Funding Source

• Estimated cost of building: $114 million including design and construction cost
• Building Funding Sources: Bond funds and anchor donations from Jim Sorenson and Robert and Lynette Gay

Design and Architecture Team

• Architect: MHTN Architect, Yazdani Studio of Cannon Design
• Contractor: Okland Construction

Timeline

• Construction starting: June 2022
• Scheduled completion: June 2024
• Estimated building opening: August 2024

Building Stats

• Total square footage: 284,808
• Number of resident beds: 775
• Resident room occupancy and square footage:
  • 8-bedroom apartments (12 units): Type A: 2, 100 sq. ft. Type B: 2,200 sq. ft.
  • 4-bedroom apartments (30 units): 1,050 sq. ft.
  • Doubles (140 units): 180 sq. ft.
  • Singles (69 units): 110 sq. ft.
  • Pod Studios (211 units): 80 sq. ft. 11 pod communities with approximately 2,100 sq. ft of shared community space
• Square footage of Forum Area: Approximately 11,000 sq. ft.
• Square footage of Center for Business, Health, and Prosperity: Approximately 10,000 sq. ft.
• Square footage of Sorenson Impact Center: Approximately 10,000 sq. ft.