June 23, 2016
Student housing developer EdR began construction on a 298-bed residence hall at Shepherd University in Shepherdstown, W.Va. The $22-million product will be completed by summer 2017.
EdR was selected and hired by the Shepherd University Foundation Supporting Organization (SUFSO) to oversee all the aspects of this third-party development including financing, design and construction. Raymond James Financial, Inc. assisted EdR and the Shepherd University Foundation with the funding on the project.
The building will offer single and double suite-style units, with amenities including a food service and dining area, classroom, student lounges and study rooms along with internet and Wi-Fi capabilities. SUFSO will own the building and the university will provide management services upon completion.