University of Iowa to Lease More Private Apartment Space
IOWA CITY, Iowa (AP) - The University of Iowa has plans to lease two more privately-owned apartment buildings on campus in light of record enrollment in its residence halls.
The university is asking the Iowa Board of Regents for permission to lease two buildings owned by Svoboda Rentals LLC.
Both are within a block of its east-side residence halls, including Burge Hall. They include a total of 28 apartments that either have three or four bedrooms.
The university says both buildings would make room to house more returning and transfer students, and they would not be open to first-year students. It notes that they are near the university dining service inside Burge.
The leases would cost the university more than $750,000 per year. The regents will consider the leases at a meeting next week.