Development Services
Whether you're developing a student community from the ground up or looking for a specialized student housing expert to assist with a campus housing master plan, American Campus is the solution. We have designed and programmed:
- Modern residence halls (traditional and full-service)
- Greek housing
- Mixed-use developments
- Various styles of apartment communities
- Mid- and high-rise urban communities
- Sustainable and LEED™ certified communities.
American Campus coordinates all aspects of predevelopment and development to ensure the long-term viability of your project. From market verification and programmatic design to full-scale development and construction management, we provide turnkey services that include every step of the process; from conceptual planning to furniture selection and installation, we take care of every aspect of your project. With more than $2.3 billion of completed communities, we are experienced in every facet of student housing development.
Predevelopment Services
Our pre-development planning process is designed to efficiently engage project team personnel and university stakeholders and appropriately plan a community by balancing feasibility, development and management considerations. Predevelopment services include:
Program Verification
- Housing cost analysis
- Market studies
- Rental rate verification
Design Leadership & Oversight
- Amenity concepts
- Conceptual site planning
- Strategic housing master planning
- Unit concepts
Financial Analysis
- Development cost projections
- Financing alternatives
- Operating cost projections
- Revenue and occupancy projections
Development Services
During the development process, American Campus continually analyzes a project’s overall financial feasibility, and verifies whether the project meets its objectives. Development services include:
Pre-construction
- Coordination and oversight of:
- Approvals (municipal to federal)
- Bid qualification
- Budgets
- Code compliance
- Construction staging
- Design and construction documents
- Entitlements
- Interior design and finish plans
- Material specifications
- Establishing a project’s guaranteed maximum price
- Preferred pricing from ACC’s project professionals
- Negotiate contracts
- Qualifying and selecting subcontractors
- Schedule development
- Value engineering process implementation
Construction
- Change order coordination
- Contract administration
- FF&E specifications, procurement and install
- Maintain and monitor development budget
- Meeting coordination
- Monthly draw packages
- Monthly reporting
- Oversight of general contractor and project
- Post-commencement value engineering
- Punch list process
- Schedule tracking and revision
- Warranty and close-out documentation
- Work inspections
Transaction
- Coordinating equity and debt financing
- Creation and oversight of:
- Detailed operating budget
- Capital improvements budget
- Risk management
- Identifying and managing project risk