On May 14, 2015, the University System of Georgia and Corvias, as part of a financial closing, secured $548.3 million in private financing for a public-private-partnership. Corvias was chosen by the Board of Regents for the University System of Georgia to develop, construct, manage, and maintain student housing on nine campuses in Georgia as part of a 65-year partnership.
During the construction phase, Corvias constructed 3,683 new beds at Columbus State University, the Coastal College of Georgia, Dalton State College, East Georgia State College, Augusta University, Georgia State University, and the University of North Georgia. Corvias will be responsible for managing and maintaining the new dormitories as well as 6,195 existing beds across the nine campuses. PLDR was privileged to serve as the lead construction counsel in the transaction and congratulates Corvias and the University System of Georgia on the partnership.
To see the new dormitory constructed at East Georgia State College, see this video: https://www.youtube.com/watch?v=VIPFBcXddD4