American Campus Communities Wins Five Innovator Awards from Student Housing Business Magazine
April 11 2017 - 1:01PM
Business Wire
American Campus Communities, Inc. (NYSE:ACC), the largest owner,
manager and developer of high-quality student housing properties in
the U.S., today announced that the company was recognized for five
awards at the 2017 Interface Conference’s 7th Annual Innovator
Awards, sponsored by Student Housing
Business magazine.
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Fairview House, Butler University,
received awards for Best Use of Green & Sustainable
Construction or Development and Best Public/Private Partnership
Development.(Photo: Business Wire)
The company was recognized for excellence in five categories,
including Best New Development, Best Use of Green & Sustainable
Construction or Development, Best Public/Private Partnership
Development, Most Creative Financing and Best
Bandwidth/Connectivity Solution.
Since the inception of the Student Housing Business Innovator
Awards, ACC has received an industry-leading total of 24 awards,
furthering its best-in-class reputation among colleges,
universities and industry partners. To date, ACC has completed the
development of 125 communities, representing a total development of
$6 billion, acquired $5.3 billion in student properties, and
currently owns and manages more than 132,000 beds at 97 collegiate
campuses across the country.
“It’s an honor to be recognized again this year by the
prestigious Student Housing Business magazine,” said William
Talbot, American Campus Communities Chief Investment Officer. “At
ACC we’re dedicated to the student experience, from building
communities with an eye toward sustainability, to developing
best-in-class connectivity solutions to support academic success,
to creating custom financing structures for our partners.”
The individual awards are:
- On-campus: Best New Development
– OSU-Cascades Residence & Dining HallOSU-Cascades
Student Residence Hall and Dining Hall is a three- and four-story
student community that accommodates 300 undergraduate and graduate
students with spacious apartments, amenities for academic and
personal success, and a two-story dining hall that provides a
variety of food concepts.
- On-campus: Best Use of Green &
Sustainable Construction or Development – Fairview House
at Butler UniversityThe first development in the Butler
University-American Campus Communities partnership, Fairview House
is a modern, academically oriented student housing community on the
Butler University campus. On track to receive LEED Gold
certification, the community features recycled and local
construction materials, sustainable energy performance, bicycle
parking spaces, and low-flow fixtures throughout the
community.
- On-campus: Best Public/Private
Partnership Development – Fairview House at Butler
UniversityIn Fall 2016, Butler University and American Campus
Communities embarked on a dynamic public-private partnership with
the development and opening of Fairview House, an on-campus,
mixed-use modern student housing community that marks the first
step in realizing University President James M. Danko’s vision for
a “platinum level residential experience” on the Butler University
campus.
- On-campus: Most Creative
Public/Private Financing – Honors Academic Village at
The University of ToledoThe Honors Academic Village features
492 beds in modern, suite-style floor plans, and state-of-the-art
amenities designed with today’s university students in mind.
Through close collaboration with the University, American Campus
Communities financed the project through a transaction structure
using project-based, tax-exempt bonds. ACC entered into agreement
with Toledo to provide ongoing management services for the Honors
Academic Village, which opened in fall 2015.
- Off-campus: Best
Bandwidth/Connectivity Solution – Pavlov MediaIn partnership
with Pavlov Media, ACC delivered significant enhancements to
25Twenty, an off-campus student housing community serving students
attending Texas Tech University in Lubbock. As a result of the
enhancements, the community now offers students a 1,000 Gigabit
bandwidth circuit, which is connected to Pavlov Media’s 10 Gigabit
fiber optic network. The enhanced connectivity supports a variety
of the community’s resources for academic success, and has achieved
strong resident satisfaction.
The annual Innovator Awards are designed to honor excellence in
development, architecture/design, sustainable design and
development, finance, marketing and promotion and amenities in
student housing properties, on- and off-campus. Winners are
selected by a jury of student housing industry executives.
About American Campus Communities
American Campus Communities, Inc. is the largest owner, manager
and developer of high-quality student housing communities in the
United States. The company is a fully integrated, self-managed and
self-administered equity real estate investment trust (REIT) with
expertise in the design, finance, development, construction
management and operational management of student housing
properties. As of December 31, 2016, American Campus Communities
owned 154 student housing properties containing approximately
95,200 beds. Including its owned and third-party managed
properties, ACC's total managed portfolio consisted of 203
properties with approximately 132,000 beds.
Visit www.americancampus.com.
Forward-Looking Statements
In addition to historical information, this press release
contains forward-looking statements under the federal securities
law. These statements are based on current expectations, estimates
and projections about the industry and markets in which American
Campus operates, management's beliefs, and assumptions made by
management. Forward-looking statements are not guarantees of future
performance and involve certain risks and uncertainties, which are
difficult to predict.
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