Bend, Ore. – OSU–Cascades has selected a partner to develop and construct the first student residence and dining/academic facilities that will sit on its proposed site in Bend, representing the four-year university long sought by the Central Oregon region.
American Campus Communities was selected to be OSU-Cascades’ partner in the development and construction of the $42 million campus project. It was awarded the right to begin pre-development services for the facilities while OSU-Cascades awaits the outcome of land use proceedings (expected next month) regarding the 10.44 acre campus site in west Bend.
The project is anticipated to create approximately 375 jobs over a 12- to 14-month construction period. Oregon State University plans to issue a revenue bond to pay for the project facilities, with housing, dining and other lease revenues used to pay back the debt service.
A two-story dining/academic facility is planned to be located at the center of the 10-acre property and serve as the heart of the campus. The 27,000 square-foot facility will feature a fireplace, coffee shop and informal seating. It will serve about 250 diners in a single seating, with additional outdoor seating areas. In addition to dining and food service functions, the facility will house, eight 20-student classrooms, a multi-faith room and offices. The dining area will cater to faculty and community members, in addition to students.
A start date for construction on the American Campus Communities project has not yet been determined.
An appeal of the campus site plan is being reviewed by the Oregon Land Use Board of Appeals.
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