Despite a firm completion deadline, tough site conditions and damage caused by vandals, the 403-bed Redstone Lofts apartment complex on the University of Vermont campus in Burlington was delivered on time and under budget in July 2012—in time for the start of the fall semester.
The new apartments are privately owned and managed, but they were developed to help the university reach its stated goal of housing 60% of its undergraduates in university–affiliated housing.