Business Profile - Campus Living Villages

56 buildingCampus Living Villages57Studio GreenUniversity of DelawareNewark, DE, United StatesTe Puni VillageVictoria University of WellingtonWellington, New ZealandProject managementof build10 year managementagreementStudio Green Delaware is a great exampleof CLV’s capacity to enhance and developexisting accommodation. CLV invested circaUS $6 million in the refurbishment of aformer poorly maintained apartment project.Additions included premium amenities suchas an indoor basketball court, yoga studio,business centre, theatre and saltwaterlap pool.Purchase of assetDesign, build and managementof new facilitiesCLV purchased the propertyin June 2008 and embarked on theconversion in August 2009. Originallybuilt in the 1950s, the garden-styledevelopment now features arange of furnished and unfurnishedapartment types and significantlyenhanced community facilities.The ‘Green’ moniker referencesthe property’s growing commitmentto environmentally responsible living,designed to impact everything frompurchasing decisions to residentactivities. One of Studio Green’s hallmarksis its ongoing eco-friendly programming,designed to promote interest in andsupport a sustainable lifestyle amongstaff and residents.Safety is also a key focus.The implementation of proactive securitymeasures has earned Studio Greencertification in the Peace Outside Campusprogram. The property is one of a few offcampusstudent housing projects servicingthe University of Delaware to haveachieved this sought-after designation.Opened in February 2009after 18 months construction,Te Puni Village was deliveredon time and on budget.The award-winning NZ $50million development hasbecome a landmark buildingin Wellington.The multi-level complexconsists of three separate buildings,The Edge, The Tower and TheTerrace, linked by a bridge walkway.Between them, the buildings offeraccommodation for 389 studentsin a combination of fully-catered twoand three bedroom apartments.Te Puni Village providesa luxurious living environment withfacilities such as broadband internet,a wireless e-lounge study room,music room, common rooms on everyfloor, television lounges and outdoordecks with fantastic views overWellington Harbour.The 10 year managementagreement includes staffing andoperating the Village, as well asimplementing CLV’s unique residentlife program, which provides residentswith social events, academic supportand pastoral care to assist in thetransition to independence.This agreement allows the Universityto provide quality accommodationwhile focusing on continuedexcellence in teaching and research.