The Korte Company is serving as general contractor for a 377,000-square-foot student housing apartment complex on the campus of University of Nevada, Las Vegas.
The 758-bed property, to be known as The Degree is the first phase of a three-phase $76 million redevelopment project called U District, headed by local developer, The Midby Companies.
Phase I includes the demolition of existing structures with new construction beginning in May. The Degree is scheduled to be ready for a fall 2017 move-in. The apartments come fully furnished with in-unit washers and dryers, balconies and air conditioning. There is also free Wi-Fi, as well as onsite maintenance and management staff. Students will be able to choose from several floor plans, including two-bedroom double occupancy, two-bedroom single occupancy and four-bedroom single occupancy, with each bedroom available with a private bathroom.
The Degree will include a fitness center, study rooms, as well as media and social lounges. A significant feature will be a 2,000-square-foot pool with lounge areas, cabanas and grill stations. Also included is a parking garage with 456 spaces.
According to Greg Korte, President of The Korte Company’s Las Vegas Division, “Working with The Midby Companies in creating a community environment for the students is an exciting opportunity for the entire team as well as the university and its students. We are very proud to be a part of a project that helps make UNLV more competitive with other universities across the country.”
The Korte Company, founded in 1958, is headquartered in St. Louis with offices in Highland, Norman, Okla., and Las Vegas. The company manages, on average, an excess of $200 million in annual construction volume.