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TheUniversityofTexasUTwantedtomaximizethevalueofrealestate occupiedbyanoutdatedofficebuildingnearthecampuscore. EdRaccomplishedthatgoalbydevelopingasignaturehigh-riseatno expensetotheuniversity. Inadditiontoreceivingastunningpieceofarchitecture2400Nueces allowedUTtomeetitsgoalsto Provideincometotheuniversity Enhanceservicestostudentsgeneralpublic Supplystudenthousingtomeetmarketsneeds Thedevelopmentwasfinancedusing100EdRequity throughthecompanysOn-CampusEquityPlan TheONEPlanTheONEPlanSM .Thison-campusfinancingprogram allowsuniversitiestouseEdRsequityandfinancialstabilitytodevelop housingwhilepreservingtheirfundsanddebtcapacityforotherprojects. Sinceopeninginsummer20132400Nueceshassetthepaceforother areadevelopmentsinarchitecturaldesignandsustainability. Directlyacrossthestreetfromthewestentrancetothecampusitoffers apanoramicviewacrosscampustotheeastandHillCountrytothewestapanoramicviewacrosscampustotheeastandHillCountrytothewest fromtwodistinctivetowers. 2400Nuecesisawin-winforeveryone. UTisreceivingthevalueitdesiredfromtherealestateviatheground leasepaymentsitwillreceivefor60years.Studentsreceivequalitysafe modernandsustainablehousingwithtop-of-thelineamenitieswithin walkingdistancetoclassesaswellasoff-campusshoppingrestaurants andsomenightlife. Thecommunityreached100leasingthesummer2013.ItfilledupevenThecommunityreached100leasingthesummer2013.Itfilledupeven morequicklyforthe2014-15schoolyearattheendofOctober2013.