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Archived News
2008
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Student Housing Project
Moves Forward Madison – After hundreds of planning hours, the
student housing project for Dakota State University is moving forward.
The design of the complex is now complete, and two 8-plex units will be
leased to the University. The
project also includes two 4-plex units which will be available to the public.
The land, located west of the Dakota Prairie Playhouse, has been acquired
and has been annexed to the City of Madison. Zoning has also been completed.
“We are very excited to see this project move forward.
The enrollment growth at DSU caused a need for more housing,” said Dr.
Jerald Tunheim, President of DSU. “This
project will allow us to continue to grow and will also boost the economy of
Madison.” The Madison Housing and Redevelopment Commission (HRC) owns
all the units and underlying real estate. The
8-plex units will provide housing for 72 students. The units are expected to be completed by August, 2001. Three local banks, F&M Bank, Security Bank, and Wells Fargo Bank, financed the housing project.
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