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Published April 17, 2026 at 8:00 PM

Updated May 16, 2026

Demolition, site work and new construction of a multi-residential development in Chapel Hill, North Carolina. Completed plans call for the demolition of a 600-room multi-residential development; for the construction of a multi-residential development; and for site work for a multi-residential development.

https://www.bizjournals.com/triangle/news/2026/04/16/unc-chapel-hill-ncstate-unc-system-student-housing.html UNC, NC State to spend $600M on new residence halls UNC-Chapel Hill will build new residence halls to support growing enrollment. UNC system universities advance nearly $700 million in student housing projects to support enrollment growth across five campuses. Here's a summary strictly based on the provided article content: Universities within the University of North Carolina system are advancing nearly $700 million in student housing projects across five campuses. Two institutions, University of North Carolina at Chapel Hill and North Carolina State University, are specifically planning to spend $600 million on new residence halls. The projects are intended to support growing student enrollment. An image caption confirms that University of North Carolina at Chapel Hill will build new residence halls, with a rendering referenced. Construction-related details explicitly stated: New construction of residence halls (explicitly stated as "build new residence halls"). Total project value: nearly $700 million systemwide, including $600 million tied to UNC-Chapel Hill and NC State projects. Building use: student housing (residence halls). Scope: projects span five campuses within the UNC system. Not provided in the article: Specific start dates or construction timelines Individual project breakdowns by campus Contractors, developers, or design firms Overall, the article confirms a large-scale, multi-campus student housing construction initiative focused on accommodating enrollment growth, with significant confirmed funding but limited execution details. _____________________________________________________________________________________________________________________________________________________________________ To address increasing enrollment and the need to expand existing housing stock, UNC-Chapel Hill seeks to redevelop the site of Parker and Teague Residence Halls on the main campus. The current buildings house upperclass students in semi-suites containing four bedrooms sharing a bathroom with no common space within the suite. It is not predetermined if the redevelopment will result in a single, new residence hall or two separate buildings. The new residence hall(s) will accommodate approximately 550 to 600 upperclass residents in single and double rooms (likely in a similar semi-suite configuration as the current buildings) and should include both interior and exterior amenities. CIP: 26010 Last day for questions shall be 4/3/26

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Multi-Residential

$120,000,000.00

Public - State/Provincial

Demolition, New Construction, Site Work

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