Proving the Possibilities: Successful P3 projects transform a university campus

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P OSSIBILITIES

T

HE ICONIC UNIVERSITY OF KENTUCKY (UK) in Lexington has a long

history of setting trends and being a leader in academics, athletics, and development. One great example of this is UK’s use of the public-private partnerships (P3) approach to deliver projects at its campus. Since 2011, the university has engaged in a multi-phase student housing revitalization plan, including the addition of numerous living-and-learning facilities, significantly increasing the number of beds on campus. The nearly $500 million project is the largest on-campus housing development at a public university in the U.S. This successful effort has served as a model for university P3 housing projects, with many universities throughout the country seeking similar opportunities.

PARKING-MOBILITY.ORG / OCTOBER 2019 / PARKING & MOBILITY 27


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