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TomeettheUniversityofKentuckysUKacademicandcommunity-buildinggoalsPresident EliCapiloutobelieveditwascriticaltocreatemoremodernon-campushousing.UKshousing teamfacedalmost300millionindeferredmaintenance.Seeingtheopportunitiesprovidedby housingprivatizationPresidentCapiloutospearheadedacompetitiveprocesstorevitalizenearly allon-campushousing. Alloftheuniversitysgoalsandobjectivesweremet.Thenewhousingwaspraisedinlocalmediaas usheringinanewerainwhichanunprecedentedpublic-privatepartnershipresultedinhundredsof millionsofdollarsofinvestmentinhigh-techlivingandlearningspacesthatwillbolsterstudent successthroughouttheinstitution. UniversityGoals RealizePresidentCapiloutosKentuckyPromise Modernizehousingforacompetitiveadvantage Replacevastmajorityofcurrenthousing Increaseinventoryto9000beds Attractthebrightestandbeststudents Fulfillliving-learningfacilityacademicmodelFulfillliving-learningfacilityacademicmodel Preservedebtcapacityforacademicpurposes Noadverseimpactoncreditrating StudentsparentscommunityleadershaveallravedwhentheyveseenUKsnew studenthousing.ItsthemostmodernlivingandIwouldsaylearningspaceyoucan findanywhere.UKhad3000applicantsforthefirst600bedsthatopenedinCentral Hallsothatconfirmsthestrongdemandweknewwasoutthere. Dr.EliCapiloutoPresidentUniversityofKentucky