SCION-ADVISED PUBLIC-PRIVATE PARTNERSHIPS MAKE NEWS IN LOUISVILLE

LOUISVILLE, KY. The University of Louisville’s successful use of public-private partnerships to increase the residential nature of its campus are featured in Business First of Louisville. The article, “U of L has improved student housing through private partnerships,” highlights the four new residence halls built between 2001 and 2006 and the public-private partnerships that made them possible.

Based on comments from University officials, the article notes “the success that private developers are having near the Belknap Campus is sparking additional growth,” including improvements to campus dining driven by increased demand. The Scion Group advised the University of Louisville in negotiations with potential developers of new University-affiliated student housing, including some of the developments featured in the article. Scion assessed existing campus housing operations and counseled the University on matters of risk, control, financial return to the institution and length of affiliation, along with the viability of specific development opportunities for University-affiliated student housing.

The University of Louisville is a state-supported research university. Established in 1798, it was a municipally-supported public institution prior to joining the Kentucky state university system in 1970. The University has three campuses and enrolls approximately 22,000 students.

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