Virginia Polytechnic Institute and State University (208)
| Request Title | Construct Creativity and Innovation District Living Learning Community |
| Project Code | 18457 |
| Project Type | New Construction |
| Biennium | 2020-2022 |
| Budget Round | Initial Bill |
| Facility | Blacksburg Main Campus |
| Source | Capital Budget Request |
| Infrastructure Element | 110 |
Budget Bullet
|
Provides nongeneral fund and 9(c) revenue bond authorization to construct a 203,000 square foot, 596 bed residence hall. The facility includes living and learning programming and enhances the traditional classroom learning environment. Students living in this residence hall will share an interest in interdisciplinary creation and entrepreneurship. The facility will also house student athletes. Housing fees will support the debt service payments. |
Project Funding
| Fund Type | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
| GF | $0 | $0 | $0 | $0 | $0 | $0 |
| NGF | $15,880,000 | $0 | $0 | $0 | $0 | $0 |
| 9C Debt | $89,620,000 | $0 | $0 | $0 | $0 | $0 |
| 9D Debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Tax Supported Debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Total | $105,500,000 | $0 | $0 | $0 | $0 | $0 |
p3_capview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 18:08:48
