Sept. 7, 2000
Contact: Rosemary Harty
CUA Launches Construction on New Residential Complex
Public/Private Partnership Fuels New Construction
Washington, D.C. Work is under way on the first new residential buildings to be constructed in more than a decade at The Catholic University of America, thanks to District of Columbia revenue bonds that helped support the project.
CUA awarded the $13.7 million contract for the construction of the new complex to the Sherman R. Smoot Corporation, headquartered in Columbus, Ohio, and with a local office in Falls Church, Va. The minority-owned construction firm has placed the project, the first new construction at CUA since the Columbus School of Law was completed six years ago, on a 12-month fast-track schedule, according to Robert Orrison, Smoots project manager.
The new buildings will house 347 students in suites and apartments, providing the university with a variety of housing not currently available on campus and greatly enhancing accommodations for graduate students. Apartments will have private galley-style kitchens. Outside courtyard and patio space will link the buildings with Ryan and Regan halls to create an attractive quad on John McCormick Road.
Scheduled for completion in fall 2001, the project marks the second CUA project for Smoot. The contractor previously handled the universitys renovation of Leahy Hall for administrative offices. "Were confident that the contractor can finish the project on time and within the budget," said Howard Levo, CUAs director of facilities planning and construction.
The $70 million bond issue marks the third successful issue of D.C. Revenue Bonds in the last 11 years, noted Ralph Beaudoin, CUA treasurer and vice president of finance. The original bond issue in 1989 helped fund Centennial Village, a residential complex; the second helped finance CUAs Columbus School of Law building, renovate Leahy Hall and replace windows in the John K. Mullen of Denver Library.
The current issue retires the previous debt and helps fund the Pryzbyla Center, CUAs new university center, expected to be completed in September 2002.
"The issue could not have been accomplished without the support of District of Columbia Mayor Anthony A. Williams and Ward Five Councilman Vincent Orange," said Susan Pervi, vice president of administration. "Their support reflects a productive and cooperative partnership between the district and CUA."
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