Students Move in on August 15 at the New Philadelphia University Residences
Jennifer Sherlock
jsherlock@jennacommunications.com
609.369.3482
FOR IMMEDIATE RELEASE
Students Move in on August 15 at the New Philadelphia University Residences
Come check out the new historic $15 Million Project
PHILADELPHIA, August 9, 2011 – Axis Construction Management has announced today that the new Philadelphia University residences are opening in East Falls on Sunday, August 21. Come out and celebrate with us and enjoy live music, food from the Gatehouse Café and fun in an historic environment.
Axis Construction Management, together with developer Iron Stone Realty, has been hard at work over the past ten months on this adaptive re-use, historically significant project. The site is on the former Women’s Medical College of Pennsylvania at 3300 Henry Avenue in East Falls. The result is an historically restored exterior and sleek, modern and spacious design of interior student residences.
Axis and the developer faced serious financial hurdles initially to make the project viable. “Over a six month pre-construction period the team was able to reduce the brick and sticks cost through intelligent design and engineering alternatives and executed a contract in September of 2010,” said William Bostic, CEO of Axis Construction Management.
The project was completed 30 days ahead of schedule and within budget. The residences consist of 131 modern units totaling more than 145,000 square feet including new studio space, laundry facilities, a lecture hall and other amenities. The site includes 24-hour security and ample reserved parking for all residents. The first wave of students move in on August 15. The residences will be 95 percent occupied in the first year and will sell out next year, providing housing for about 370 upperclassmen.
This virtual extension of PhilaU campus life also includes a new fitness facility, optical center, pharmacy, bowling alley, convenience store and the now famous Gatehouse Café with extended hours starting August 22.
A welcoming party and unveiling of the residences hosted by Axis and The Gatehouse Café will be held on August 21 from 4-7 p.m. and feature live music by local band eP Rotation with food and refreshments courtesy of Gatehouse Café.
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About Axis Construction
Axis Construction Management’s leadership team and full-time staff of multi-disciplined professionals and affiliated contractors have earned a reputation for producing innovative, client-focused solutions. And, our outstanding track record has earned us preferred fast-track partner status among some of the nation’s largest clients. Visit Axis’ Facebook page: http://on.fb.me/mSi7DE, and Gatehouse Café’s Facebook page: http://on.fb.me/p3sltg.