SCHENECTADY COUNTY Schenectady County Community College moved another step closer creating a complete college environment through student housing adjacent to the campus.
The college’s Board of Trustees unanimously approved two resolutions relating to the student housing project during its Monday, July 25, meeting. First approved was a resolution hiring Anderson Strickler, LLC, to do an updated student housing survey for $10,000. In 2007, the group did a survey, which supported housing. Second was approval of the housing project, which has the county entering into a lease with the County Industrial Development Agency and the IDA will sublet the property to United Group.
“This was requested by the firm to support the financing. We want to confirm that the data that we brought forth is still the same and also perhaps to confirm the design and expectations,” said SCCC President Quintin Bullock. “Since it is over three years, they wanted a more recent report.”
United Group would have a 40-year lease on the property with an option to continue leasing the property for another 40 years. The housing facility will be 112,000-square-foot with 264 beds. The majority of the rooms would be four bedrooms with a common bathroom and living room and holding a rent around $600 per month. There would be some two bedroom and one bathroom rentals available for an additional cost around $50 per month. Housing would only be available to college students. Construction would be completed by August 2012 and ready for fall semester students to move-in. The cost would include all utilities, cable TV, internet and the rooms are furnished. Various amenities are also planned too.
County Legislators heard a presentation on Tuesday, July 12, which laid out exactly what the project, College Suites at Washington Square, would entail. Bullock said there is a high demand for a dormitory building and it could create savings and revenue if completed. Ray Gillen, chairman of the Schenectady Metroplex Development Authority, during the county meeting said the project would produce a $250,000 lump-sum payment on the lease to the county in 2012