VCU to spend $7M to renovate dormitory at Broad and Belvidere

2.17R vcu dorms1

VCU plans to spend $7 million to renovate its Broad and Belvidere Student Housing Complex, which hasn’t been updated substantially since it was built in 2003. (Jack Jacobs photo)

With the Broad and Belvidere Student Housing Complex now as old as the typical college freshman, VCU has decided it’s time for a makeover.

VCU plans to spend $7 million to renovate the four-story, 410-bed dormitory at 700 W. Broad St. The complex hasn’t undergone any major renovations since it was built in 2003, VCU spokesman Mike Porter said in an email.

“The university is addressing nearly 18 years of normal aging and wear with a complete interior renovation of the residential units and common areas to bring it back to a condition that is parallel with other residential housing on the VCU campus,” Porter said.

The project will overhaul all units in the apartment-style complex. HVAC systems, water heaters, lighting, and other fixtures will be replaced and rooms repainted. The complex’s common areas will be touched up as well.

The contractor on the project is VIRTEXCO Corp. The project architect is Walter Parks Architects. The complex is owned by VCU Real Estate Foundation.

The renovation is scheduled to be completed in summer 2021, in time for students to move in for the fall 2021 semester.

The project was originally planned to start last summer. Though four units were renovated at that time, the bulk of the project got shelved due to the coronavirus pandemic, Porter said.

VCU also this month cut the ribbon on a $93 million engineering school research building and added to its holdings with the $4.5 million purchase of the Salvation Army property at 2601 Hermitage Road near the Diamond to help pave the way for a new athletics village.

 

2.17R vcu dorms1

VCU plans to spend $7 million to renovate its Broad and Belvidere Student Housing Complex, which hasn’t been updated substantially since it was built in 2003. (Jack Jacobs photo)

With the Broad and Belvidere Student Housing Complex now as old as the typical college freshman, VCU has decided it’s time for a makeover.

VCU plans to spend $7 million to renovate the four-story, 410-bed dormitory at 700 W. Broad St. The complex hasn’t undergone any major renovations since it was built in 2003, VCU spokesman Mike Porter said in an email.

“The university is addressing nearly 18 years of normal aging and wear with a complete interior renovation of the residential units and common areas to bring it back to a condition that is parallel with other residential housing on the VCU campus,” Porter said.

The project will overhaul all units in the apartment-style complex. HVAC systems, water heaters, lighting, and other fixtures will be replaced and rooms repainted. The complex’s common areas will be touched up as well.

The contractor on the project is VIRTEXCO Corp. The project architect is Walter Parks Architects. The complex is owned by VCU Real Estate Foundation.

The renovation is scheduled to be completed in summer 2021, in time for students to move in for the fall 2021 semester.

The project was originally planned to start last summer. Though four units were renovated at that time, the bulk of the project got shelved due to the coronavirus pandemic, Porter said.

VCU also this month cut the ribbon on a $93 million engineering school research building and added to its holdings with the $4.5 million purchase of the Salvation Army property at 2601 Hermitage Road near the Diamond to help pave the way for a new athletics village.

 

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Education, Residential Real Estate

Editor's Picks

Subscribe
Notify of
guest

2 Comments
oldest
newest most voted
Inline Feedbacks
View all comments
Bruce Milam
Bruce Milam
3 years ago

Student apartments and dorms need renovations on or about every 15th year. They are tough on buildings. VCU’s continued expansion has breathed life into this City through all the economic crises. EDA pundits claim that for every new student the economy expands into 7 private sector new jobs. I’m not sure how that is calculated but I guess it has to do with velocity of money. At any rate, we’re blessed to have a large and dynamic public University downtown.

Carl Schwendeman
Carl Schwendeman
3 years ago

VCU should build a 20 story tower here for housing.