Photo/rendering of Public Private Partnership for New Jersey University Student Housing Project

Public Private Partnership for New Jersey University Student Housing Project

Hawkins served as lead special counsel to New Jersey City University in connection with an innovative public-private partnership to construct a new residence hall for 425 students on the University’s campus that will help anchor mixed use development at the site.  Hawkins assisted in the review and negotiation of the P3 project documents including a ground lease and a management agreement.  The project received the “New Jersey’s Leading Infrastructure Project Award” from the New Jersey Alliance for Action.

Client New Jersey City University
Role Owner's Lead Counsel
Distinction Pioneering Student Housing P3
Delivery Method Public-Private Partnership
Capital Cost $50 Million
Contract Value $55 Million
Contract Term 40 years Ground Lease; 15 years Management Agreement
Contract Counterparties New Jersey Economic Development Authority and West Campus Housing LLC
Award “New Jersey’s Leading Infrastructure Project Award” from the New Jersey Alliance for Action