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IU Board Of Trustees Announce New $99 Million Residence Hall

By Miranda Fulmore

Posted February 2, 2018

The Indiana University Board of Trustees approved building expansions on both its Bloomington and Indianapolis campuses at a meeting Friday morning.

IU Bloomington is renovating a dozen residence halls on the campus, as well as several campus apartments. It will also add a new $99 million dollar housing complex on the campus's north side that will add 700 new beds.

Currently, 27.5 percent of IU Bloomington's student body lives on campus. But IU spokesperson Chuck Carney says they're anticipating 8,500 new first-year students by 2020.

Carney says the increase in students year is causing a desperate need for new and updated on-campus housing.

"It's really to fill in a definite need for the IU Bloomington campus," Carney says. "The housing on the IU Bloomington campus is now at 98 percent occupancy. And based on what is going to be the enrollment over the next several years, particularly increasing freshman enrollment, the needs only going to grow."

The university has struggled to find housing for all of the incoming freshman in previous years.

Carney says with the expansions and renovations, the university will charge 2.3 percent more for housing starting in the 2019 school year.

Carney says he's not sure when IU will break ground on the new housing complex, but it should be complete by fall of 2020.

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