Northern Arizona University and American Campus Communities Celebrate the Opening of New On-Campus Student Community, Skyview
November 07 2017 - 3:52PM
Business Wire
Northern Arizona University (NAU) and American Campus
Communities (NYSE: ACC), the nation’s largest owner, manager and
developer of high-quality student housing communities, celebrated
the addition of Skyview to the NAU campus at a grand opening event
in Flagstaff, Arizona.
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Northern Arizona University and American
Campus Communities celebrate the opening Skyview (Photo: Business
Wire)
The development of Skyview responds to Northern Arizona
University’s need to increase their offering of modern,
purpose-built, on-campus student housing. Skyview supports the
University’s growth by providing these students with high-quality
accommodations in a live-learn community that is designed with
today’s students in mind.
“At the ground breaking ceremony we promised not just an
exceptional residential experience, but a facility with academic
space and support services for student success, and parking,” NAU
President Rita Cheng said. “I am happy to confirm that American
Campus Communities has kept their promise to NAU and to our
students.”
Sited strategically to offer breathtaking views of Mount Elden,
Skyview features spacious apartment and townhome-style
accommodations, academic resources including an Academic Success
Center with iMacs, free printing, and group and private study
lounges, and state-of-the-art amenities to promote wellness and
resident socialization, including a fitness center with strength
equipment, free weights, and separate cardio room, and recreation
center with billiards, ping pong and arcade games.
The landscape is designed to create a walkable mountain
community that accommodates native plantings. Skyview also provides
residents with nearly 3,000 square feet of retail space featuring
EAT Market.
“Skyview is a great addition to our long-term, successful
partnership with Northern Arizona University,” said James Wilhelm,
EVP Public-Private Transactions at American Campus Communities.
“It’s our goal to create environments for academic and personal
success for students, and this community will do just that for more
than six hundred students.”
The 626-bed community is the second phase of the Hilltop
Townhomes community delivered in 2012, and the fourth phase in the
NAU-ACC partnership, which has delivered more than 2,000 modern,
on-campus student beds.
The grand opening event was held at Skyview and featured a
ribbon cutting ceremony and reception. Attendees included
University representatives, Flagstaff elected officials, and
development team members from American Campus Communities.
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 September 30, 2017, American Campus Communities
owned 166 student housing properties containing approximately
102,500 beds. Including its owned and third-party managed
properties, ACC's total managed portfolio consisted of 204
properties with approximately 131,300 beds.
Visit www.americancampus.com.
About Northern Arizona University
Northern Arizona University is a high-research university with a
statewide enrollment of 30,000 students. More than 20,000 students
attend the Flagstaff campus, with more than 8,000 students enrolled
online and at Extended Campus sites statewide. Research in
genetics, forestry and ecology has drawn international recognition
to the university, which also is highly regarded for its education,
business and engineering programs. NAU represents 127 tribal
nations and is on its way to becoming the nation’s leading
university serving Native American/Alaskan and Hawaiian Native
cultures. NAU launched competency-based Personalized Learning in
2013, the first self-paced, online education program that cuts the
cost and time to an undergraduate degree. For more information,
visit nau.edu. Follow NAU on Facebook, LinkedIn, Instagram and
Twitter.
Forward-Looking Statements
In addition to historical information, this press release
contains forward-looking statements under the applicable federal
securities law. These statements are based on management’s current
expectations and assumptions regarding markets in which American
Campus Communities, Inc. (the “Company”) operates, operational
strategies, anticipated events and trends, the economy, and other
future conditions. Forward-looking statements are not guarantees of
future performance and involve certain risks and uncertainties,
which are difficult to predict. For discussions of some risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by the forward-looking statements,
please refer to our filings with the Securities and Exchange
Commission, including our Annual Report on Form 10-K for the year
ended December 31, 2016 under the heading “Risk Factors” and under
the heading “Business - Forward-looking Statements” and subsequent
quarterly reports on Form 10-Q. We undertake no obligation to
publicly update any forward-looking statements, including our
expected 2017 operating results, whether as a result of new
information, future events, or otherwise.
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