Greystar On Campus

BALSAM & SPRUCE RESIDENCE HALLS

University of Massachusetts Dartmouth

Overview In 2020, Greystar completed construction and welcomed the first residents into Balsam and Spruce Residence Halls, new on- campus housing for first-year and transfer students at UMass Dartmouth. Featuring two main residential buildings connected by a new dining facility, the state-of-the-art project allows the University to decommision four residence halls built in the 1970s. Balsam and Spruce Halls include 12 Engagement Communities designed to house students near their fellow residents with similar academic interests. Greystar utilized tax-exempt bond financing to fund the project, enabling it to achieve the University’s goals of affordable rental rates, off-balance sheet treatment, and the availability of additional debt capacity for core campus projects.

Project Details Beds | Units

1,210 | 658

Gross Size Room Styles

306,900 square feet

Traditional singles and doubles

Amenities

800-seat dining facility, classrooms, multimedia and study lounges, University Welcome Center and offices, maker spaces, music practice and performance rooms, community kitchens, computer learning commons

Completion

2020

Cost

$141 million

Developer Manager

Greystar

Greystar Student Living

Residence Life

University

Owner

Provident Commonwealth Education Resources

Financing

Tax-exempt bonds

Greystar.com

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