Acquisition, renovation and repositioning

Reserve on Third
Bloomington, Indiana

Reserve on Third - Indiana UniversityIn 2012, a 528-bed student apartment community serving Indiana University was owned by a partnership in the process of unwinding. The community had experienced vacancy concerns, substantial deferred maintenance and a declining reputation in the market. Scion acquired and then successfully renovated and repositioned the property. More

Feasibility Analysis and Development Consulting

Drake University
Des Moines, Iowa

drake_image1Drake University housed over 1,700 students in its on-campus residence halls — but only 100 were juniors, seniors or graduate students and the University wanted to provide attractive campus housing options for its upper-division and graduate students. Having acquired a significant parcel adjacent to campus, the University’s leadership recognized the land might best be used as student housing. Still, with upper-division and graduate student housing outside its core mission, Drake wanted to develop the housing in a way that would limit the institution’s exposure to risk and credit impact. More

Campus Housing Master Plan

York University
Toronto, Ontario

From its founding in 1959, York University has become Canada’s third-largest university, with 54,000 students and 7,000 faculty and staff. Over a period of several years, York increasingly faced the challenges of competing priorities for funding deferred maintenance for aging buildings, substantial off-campus housing options and the need to adapt to changing trends and expectations of students.  In late 2010, the University engaged Scion to create a Student Housing Master Plan that encompassed housing on its two campuses in the Greater Toronto Area. More

Strategic Long-term Housing Plan for Students and Faculty/Staff

Fort Lewis College
Durango, Colorado

fortLewis_1As Colorado’s public liberal arts college, Fort Lewis College (FLC) offers programs in the arts, sciences, education and business for 4,500 students. Its campus, overlooking the historic mountain town of Durango with views of the La Plata and San Juan Mountains, has been called one of the most beautiful in the United States. Housing in and around Durango, however, has become increasingly scarce and expensive, making FLC’s ability to provide viable housing options critical to its recruitment and retention of both its student body and its faculty and staff. More

Consulting and Business Planning for Self-Operation of Student Housing

Portland State University
Portland, Oregon

portlandState_image3

Portland State University faced a unique challenge. Until March 2007, it owned — but had never managed — 3,400 beds of student housing. In anticipation of the transition to self-operation, PSU retained The Scion Group to advise the University’s auxiliary service unit in the design, planning and implementation of its student housing management plan. Scion also helped the University determine the need for additional on-campus student housing. More

Campus Housing Master Plan, Project Feasibility Study

Colorado State University - Pueblo
Pueblo, Colorado

In 2006, Colorado State University at Pueblo embarked on an ambitious campus-wide effort to increase sophomore retention and new student enrollment, particularly out-of-state students. The many initiatives included re-introduction of a football program after several decades. Notably, the University’s only residence hall, built in 1969 with 500 beds, was under-subscribed and showing its age. CSU-Pueblo engaged The Scion Group to develop a campus housing master plan with the goal of increasing revenue and supporting enrollment and retention outcomes. More

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