University of California, Davis officials and private partners broke ground on the largest student housing project in the nation, located at 1580 Jade St. in Davis, Calif., less than 20 miles from downtown Sacramento.
The Green in the West Village student housing neighborhood will have nearly 3,400 beds when completed. Approximately 1,000 students will be able to move in by fall of 2020.
The university used $575 million in bond financing and joined with private partners to build the 34-acre project, which will be run by a third party. This is the largest bond sale for a single student housing project in the United States.