Housing Renewal Phase 2 (Parker Teague Halls Demo & Replacement)

One-Two SentencesTo address increasing enrollment and the need to expandexisting housing stock, UNC Chapel Hill seeks to redevelopthe site of Parker and Teague Residence Halls on the maincampus. The current buildings house upperclass students insemi-suites containing four bedrooms sharing a bathroom withno common space within the suite. It is not predetermined ifthe redevelopment will result in a single, new residencehall or two separate buildings. The new residence hall(s)will accommodate approximately 550 to 600 upperclassresidents in single and double rooms (likely in a similarsemi-suite configuration as the current buildings) andshould include both interior and exterior amenities.A dining facility space is not anticipated to be part ofthis project; however, there may be opportunities forsmaller scale shell space for an outside vendor, such as acafe.The University is currently engaged in the planning anddesign of several capital projects in close proximity tothis site, so the team selected for this project will needto coordinate with the work of those other projects.The project is approved to proceed with Advanced Planning.The working budget for the project is $120 million, whichincludes soft costs, construction, and escalation. Theproject is currently in the Advanced Planning Phase, whichis anticipated to conclude in mid-May.The project schedule is full occupancy by July 1st, 2030.