A Proposal for University Owned and Operated Off-Campus Housing: Options for Married, Graduate, and Students with Families November 21, 2005 Submitted by: Justin Allen Franklin Matute Leonor Molinar Lindsay Thomas

Dilemma Texas Tech does not offer any housing for married students and students with families

Proposal We propose that Texas Tech University purchase the vacant University Plaza to be renovated into an apartment complex suitable for graduate, married and students with families.

Synopsis  Big XII Research  Commonalities  The University Plaza  Benefits to the University  Benefits to the Students  Survey  Budget  Qualifications

Big XII Research We researched other universities in the Big XII Conference and found that Texas Tech is the only one that does not provide housing to married students and students with families. This includes on- and off- campus housing facilities.

Kansas State University 1- and 2- bedroom 1- and 2- bedroom Furnished or unfurnished Furnished or unfurnished Graduate, married and students with families Graduate, married and students with families University of Kansas 1-, 2- and 3-bedroom 1-, 2- and 3-bedroom Furnished or unfurnished Furnished or unfurnished Graduate, married and students with families Graduate, married and students with families

Texas A&M University 1- and 2- bedroom 1- and 2- bedroom Furnished and unfurnished Furnished and unfurnished Graduate, married and single-parent families Graduate, married and single-parent families Baylor University 1- and 2- bedroom 1- and 2- bedroom Furnished Furnished Graduate, law, seminary and married students Graduate, law, seminary and married students

University of Nebraska 1-, 2- and 3-bedroom 1-, 2- and 3-bedroom Furnished Furnished Graduate, married and students with families Graduate, married and students with families University of Texas 1-, 2- and 3-bedroom 1-, 2- and 3-bedroom Furnished or unfurnished Furnished or unfurnished Graduate, married and students with families Graduate, married and students with families

Iowa State University 1- and 2- bedroom 1- and 2- bedroom Unfurnished Unfurnished Graduate, married and students with families Graduate, married and students with families University of Colorado 1-, 2- and 3-bedroom 1-, 2- and 3-bedroom Furnished or unfurnished Furnished or unfurnished Graduate, married and students with families Graduate, married and students with families

Oklahoma State University 1-, 2- and 3-bedroom 1-, 2- and 3-bedroom Furnished or unfurnished Furnished or unfurnished Graduate, married and students with families Graduate, married and students with families University of Oklahoma 1-, 2- and 3-bedroom 1-, 2- and 3-bedroom Furnished or unfurnished Furnished or unfurnished Graduate, married and students with families Graduate, married and students with families

University of Missouri 1- and 2- bedroom 1- and 2- bedroom Unfurnished Unfurnished Graduate, professional, students over age 21 and students with families Graduate, professional, students over age 21 and students with families

Commonalities Kitchen or kitchenette with major appliances Kitchen or kitchenette with major appliances Private bathroom in each unit Private bathroom in each unit Childcare facility and playground located near family units Childcare facility and playground located near family units

The University Plaza

Located across University Avenue, near the main entrance of campus Located across University Avenue, near the main entrance of campus 5 leasable commercial spaces on ground floor 5 leasable commercial spaces on ground floor 561 units 561 units 474 spaces in parking garage 474 spaces in parking garage Currently vacant Currently vacant

Current Current Proposed new 1- and 2-bedroom Proposed new 1- and 2-bedroom Floorplans

The University Plaza Amenities Currently offers: Game room Game room Heated pool Heated pool Movie theatre Movie theatre Fitness center Fitness center Laundry facility Laundry facility Dining facility Dining facility Parking garage Parking garage Volleyball court Volleyball court Computer lab Computer lab

Proposed Additions Playground for children Playground for children Tanning facility Tanning facility Basketball court Basketball court TTU Child Development Research Center branch facility TTU Child Development Research Center branch facility

Benefits to the University Revenue from housing Revenue from housing Revenue from parking garage Revenue from parking garage Revenue from commercial spaces Revenue from commercial spaces Increased interest in Texas Tech Increased interest in Texas Tech

Benefits to the Students Location Location Lower cost of living Lower cost of living Environment Environment

Survey Random survey given to graduate, married and students with families to identify interest in university owned and operated family housing.

Budget Costs Purchase of Property Cost $ 3,000, Cost of Construction $ 8,000, Total Cost $11,000, Generated Revenue Garage Parking Revenue/Year $ 37, Revenue from Rent/One Bedroom $ 5, $450/Month Revenue from Rent/Two Bedroom $ 7,200.00$600/Month Revenue from Rent/Three Bedroom $ 9,000.00$750/Month

Qualifications All four students have lived on- and off- campus All four students have lived on- and off- campus Justin Allen Justin Allen Franklin Matute Franklin Matute Leonor Molinar Leonor Molinar Lindsay Thomas Lindsay Thomas

Resources University of Texas Web site: University of Texas Web site: University of Oklahoma Web site: University of Oklahoma Web site: Texas A & M University Web site: Texas A & M University Web site: University of Nebraska Web site: University of Nebraska Web site: University of Kansas Web site: University of Kansas Web site: