The small private school will use the proceeds to begin Âconstruction on five new Âresidential halls on its campus five miles north of downtown Dallas. Upon completion of the facilities in 2014, sophomores will be required to live in school dormitories along with first-year students.
The residential complex will provide living space for 1,250 students, and will be configured as residential commons with space for classes and social activities, and apartments for faculty and staff. A common dining hall will be built near the new dormitories.
Several of the 18 existing residential halls also will be renovated to add or Âenlarge classroom and meeting space and faculty apartments. The existing dormitories, including four for graduate and married students, currently have some 2,000 beds.
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