Missouri State is set to have a new residence hall for students starting in fall 2020, Carrie Tergin, chairperson for the Board of Governors, said.
The building will be located at the corner of Holland Avenue and Madison Street. It will include 201 rooms with two beds in each room, accommodating 402 students, Tergin said.
In a previous Standard article on the residence hall construction, Missouri State President Clif Smart said the freshman class had grown from about 2,500 to about 3,200 over the last six years, and that MSU is now at capacity in the residence halls — there is little room for sophomores or juniors to live on campus.
In addition to adding more living spaces on campus, the plans for the new residence hall include adding parking — necessary to accommodate the continual influx of students.
“The building will include 279 new indoor parking spaces,” Tergin said. “We anticipate this additional parking, plus existing parking, will be sufficient to meet the needs of students housed in the facility.”
The plans for the residence hall will also include room for a new dining hall, retail space and other student amenities.
“Construction of the new building has already begun,” Vice President for Administrative Services Matthew Morris said. “Bryan Student Housing, LLC, is responsible for development.”
Bryan Student Housing, LLC has a construction agreement with Integrity Development and Construction, LLC, Morris said. Integrity Development and Construction, LLC will be the general contractor for the project.
The collaboration on this project between Bryan Student Housing, LLC and MSU has been publicly in the works since as early as Feb. 15 of last year, when it was announced in an executive board meeting that the university was working on the partnership. This will be the first public-private partnership in MSU’s history.
Bryan Student Housing is owned by Bryan Magers, whose company Bryan Properties has already constructed various apartments in Springfield.
As stated in the Build-to-Suit Real Estate Purchase Agreement between Missouri State and Bryan Student Housing, Bryan Student Housing will construct the residence hall and then sell the property to Missouri State for a maximum of $24 million, with the actual price to be determined post-construction.