Private developers to build new EKU dorms
RICHMOND, Ky. (WTVQ) – Eastern Kentucky University in Richmond has a letter of intent with two private developers to build two new residence halls on campus, according to a report in the Lexington Herald-Leader. The $75 million project will house 1,100 beds and is scheduled to open in the fall of 2017. The two new facilities will replace Martin Hall and Brockton Block on Kit Carson Drive, according to the paper.
One of the two private companies, Grand Campus Properties, is headed by former state senator Ed Worley of Richmond and Lexington developer Brent Rice. They are partnering with F2 Companies, which is a Columbus, Ohio-based construction company, according to the published report.
The contract will not be finalized until January 2016, according to the newspaper. The deal will have to be approved by the General Assembly because it is over $600,000, according to the paper.