P3 to Break Ground on $157 Million Residence Hall Project at University of Hawaii at Mānoa 

Honolulu — A public-private partnership between the University of Hawaii at Mānoa and Greystar is set to break ground on a $157 million residence hall project on the university’s campus in Honolulu. The 558-bed community will consist of two buildings rising 18 and 12 stories, respectively. The development will offer 316 units in studio, two-, three- and four-bedroom configurations, alongside a childcare facility, retail and cafe space, bike storage rooms, a laundry facility, mail and package room and outdoor amenity decks. Groundbreaking is scheduled to take place in September with completion set for fall 2025. The project will be privately owned, operated and maintained by the Collegiate Housing Foundation upon completion. Financing for the development will be underwritten by Raymond James. The project will receive an additional $10 million from the Hawaiʻi State School Facilities Authority (SFA) for the childcare facility, which will be operated by UH Mānoa Children’s Center. The childcare portion of the development will include eight classrooms and serve around 128 students. The project is targeting LEED Silver certification.