UT Tyler purchasing apartment complex for $20.3 million
Students who do not attend UT Tyler will be allowed to live at the complex (Source: KLTV Staff)
UT Tyler plans to change the name of the apartment complex once the purchase is complete (Source: KLTV Staff)
University officials plan to make improvements to the apartments over the summer (Source: KLTV Staff)
TYLER, TX (KLTV) -
The University of Texas at Tyler's $20.3 million purchase of an apartment complex will be finalized by Friday. The university is buying the Village at the U apartment complex located across the street from campus on Old Omen Road. All current leases will be honored once the purchase is finalized.
The population at UT Tyler is growing at an increased rate and students need a place to live.
"We are pretty much maxed out across the street so this is a logical acquisition for us and it really will meet our needs for years to come," said vice president for student affairs Dr. Howard Patterson.
Once the purchase is complete on Friday, it will bring the total of on-campus beds to about 1,400.
"It's really awesome living in student housing because even though you're not living in a dorm or on campus you still get that college feel," said Taylor Hernandez, a UT Tyler junior. "All of your friends are here and you get to meet a lot of people."
As a UT Tyler student, Taylor Hernandez will be allowed to continue to live at the complex, and so will students from TJC and Texas College.
"It's pretty nice of them to let us stay even though they are taking over," said TJC freshman Zach Northey. "I think other schools would probably kick other students out."
"Students that currently have leases with this property will be able to continue in those apartments unless we have some type of issues with them as far as discipline or breaking any laws," Patterson said.
According to Tyler Police Department's apartment complex crime statistics, just this year there has been reports of theft, robbery, and criminal offenses that have taken place at the complex.
"Well, we certainly can't deny anything that's happened here in the past but we can pretty much assure them that that's not going to happen here in the future," Patterson said. "We don't have those issues across the street and we do not anticipate having those issues here."
Standard student housing rules will apply at the new student housing complex. The only exception is that students 21 and older will be allowed to consume or possess alcohol on the property.
The university plans to change the name of the complex soon. They also say in the future they want the complex to become student housing exclusively for UT Tyler students. Students of all ages are allowed to live in the complex and can move on the property starting this summer.
Saturday, July 26 2014 2:09 PM EDT2014-07-26 18:09:07 GMT
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