CHARLOTTE, NC -- This fall, it is expected that 18 million students will descend upon college and university campuses across the U.S. Over half of those students will live in campus residences. Considered to be one of the last bastions of new construction builders can rely on, student housing projects are a certain sign that the business of acquiring a post secondary education has little chance of slowing down in the next decade.
Charlotte, North Carolina basedCW Construction & Development and its joint venture partners are the leading developers of high quality student housing development and multi-family housing construction throughout the Southeast. In order to leverage its construction capabilities and capitalize on the growth of the student housing industry in North Carolina, ColorWorks Construction (the company’s sister company), established the development division in 1997.
CW Construction & Development focuses on the acquisition, design, finance, development, construction, and management of student housing properties. Since the company’s inception, they have been involved in over $100 million in college and university campus student housing projects in Charlotte, Raleigh and Durham, North Carolina; Clemson, South Carolina; Austin, Texas; and Auburn, Alabama.
“We are a vertically integrated construction services company that has the resources and the purchasing power to produce high-quality student housing that increases investment value for our customers,” said David J. Helfrich, Founder and CEO of CW Construction & Development. Helfrich manages over $65 million in new development, and since establishing ColorWorks Construction in 1993, the company has renovated 15,000 units throughout the Southeast.
“We provide a total solution for the student housing development process,” explained Helfrich. “We have worked with various partners to create customized student housing that is highlighted at some of the most prestigious university campuses in the Southeast.”