Elon Residence Plan

<p>For those interested you can look at Elons plans for new dorms at</p>

<p>Transformation</a> of Elon University Residential Experience</p>

<p>Click on See the Neighborhood to see details for each area.</p>

<p>I saw this yesterday…very,very interesting…am I correct in noticing that this is a ten-year plan??</p>

<p>where is all the funding coming from?
Elon has a small endowment and a lot of young alumni</p>

<p>I di not see anything regarding how this was going to get paid for. As for the Timeline :
Under Construction:
* Colonnades C, D & E: Open Fall 2011
* Expansion of Loy Center: Open August 2011
Future Construction:
* Global Neighborhood and dining hall, phase I: Construction begins summer 2011,open December 2012
* Global Neighborhood and dining hall, phase II: Construction begins spring 2013, open August 2014
* Senior Village: to be determined
* Danieley Center: after 2014</p>

<p>^ It’s ok eiffel13 Elon is not dependent on it’s endowment to fund campus growth. If you take a look at the ten year plan that just ended the accomplished everything early (despite the economic downturn), and finalized the new 10 year plan last year. </p>

<p>By the way the last thing you should be concerned about at any good school is the impact that expanding housing will have on on “funding” — Run the numbers *Elon has 8 qualified applicants for every opening so it’s not like they will be hurting for future students and for housing - each student at one of the houses at Loy Center (for example) pay about $5,000 a year x 13 students, so that $65,000 in rental income on a property that if it was fully financed would likely cost much less than $35,000 in total carrying costs… I’m not worried and I don’t know why anyone would consider adding assets that pay immediately dividends anything but a win-win…</p>

<p>the school is amazing, they plan things out very well. That is the housing plan but they also have a cool future plan for academics and student life.</p>