The Utah State Board of Regents on Friday authorized Snow College to participate in a public-private partnership to develop 100 units of student housing on its Richfield campus.
The housing will be developed on college property. The campus is landlocked by I-70, Richfield High School and well-established residential neighborhoods to the north and south. Under the agreement, a private developer will build and maintain the housing units and parking lots. Snow College will lease the land to the developer at low cost and provide lease payments to the winning bidder from housing fees paid by students. The facility would become college property at the end of the 40-year agreement. Deseret News
