Description
The college seeks a qualified consulting firm to conduct a comprehensive feasibility study for student housing, covering market demand, student preferences, existing facility condition, financial modeling, and delivery‑model options. The study will guide BBCC on whether to renovate current residence halls, construct new housing, or pursue alternative models such as public‑private partnerships. Deliverables include multiple analytical reports, financial models, a final comprehensive report, and presentations to college leadership and the Board of Trustees.
• Market analysis of regional student housing supply, demand, and pricing.
• Surveys and affordability analysis to gauge student preferences and willingness to pay.
• Condition assessment of existing residence halls and cost estimates for renovation or replacement.
• Financial feasibility models for various housing scenarios with sensitivity analysis.
• Recommendations on delivery methods, funding strategies, and implementation plans.