Corvias Campus Living partnering with Gilbane Building on student housing projects

CORVIAS CAMPUS LIVING Managing Director Kurt Ehlers said Gilbane has a
CORVIAS CAMPUS LIVING Managing Director Kurt Ehlers said Gilbane has a "long and proven track record" as a national leader in higher education construction. / COURTESY THE CORVIAS GROUP

EAST GREENWICH – Corvias Campus Living, a division of the Corvias Group, will partner with Gilbane Building Co. to construct student housing projects nationwide.
Under the partnership announced Thursday, Providence-based Gilbane will provide construction services for selected projects at colleges and universities.
Both Rhode Island companies are national leaders in construction of student housing.
Gilbane has built approximately $13 billion in higher education projects and is now working on 55 campuses in 40 states, according to Kurt Ehlers, managing director of Corvias Campus Living.
“The company has a long and proven track record as a national leader in higher education construction,” Ehlers said in a news release. “Aligning with a construction company of their caliber will allow Corvias to scale faster to meet the growing demand for our innovative student housing partnership model.”
Corvias has had increased interest in its development services, following its selection in 2014 by the University System of Georgia for a $548 million student housing partnership, to create 3,753 beds and manage another 6,195 beds for nine campuses in Georgia.
The contract will extend over the next 65 years and marks the first time a public university system has privatized a portfolio of campus housing.
According to Corvias, 60 percent of the nation’s student housing is more than 25 years old. But many colleges and universities do not have the financial resources necessary to undertake capital improvements.
In a statement, Dennis Cornick, executive vice president of Gilbane, said the company was pleased to join with Corvias in a construction partnership.
“The cultures and core values of both firms are very similar, making this an ideal relationship,” he said.

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