Dec
17

USC Seeking Private Developers

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The University of South Carolina is seeking proposals from private developers to design, build, finance and operate student housing, parking and an office/academic/research building in its Innovista district west of Assembly Street.

Ed Walton, USC’s chief financial officer, said the early estimate of the cost of the projects is $70 million to $90 million. But he cautioned that part of the process will be to get developers’ estimates on the table and compare them with those based upon the university’s past experience.

The university hosted a meeting for developers on Nov. 15, and had about 75 participants at the meeting.

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