FSU Foundation, Inc. set to invest $3.4 million for student housing on Murchison Road
By Staff Report, posted Nov 25, 2024 on BizFayetteville.com
The FSU Foundation, Inc. recently voted to adopt a plan that is set to invest more than $3.4 million over five years to renovate campus housing on Murchison Road. This move will support the University’s commitment to enhancing the corridor along Murchison Road and enhance community reinvestment.
“As an affiliate of the University, the FSU Foundation is here to support Fayetteville State University. We are pleased to work collaboratively with university leaders to show how the Foundation is partnering to provide improvements to the University Place Apartments. This is just the beginning,” said Ben Brown, chair of the FSU Foundation, Inc., in a press release.
University Place Apartments, across Murchison Road from FSU’s campus, provide housing to FSU students. It will receive targeted upgrades, which includes internal and external renovations.
“I am extremely pleased with our foundation’s decision to reinvest funds into our largest student housing facility, including renovations that impact FSU students and the transformation of Murchison Road,” said FSU Chancellor Darrell T. Allison in a press release.
FSU continues to partner with the City of Fayetteville to revitalize and reinvest into the area as a part of the Murchison Choice Neighborhood Initiative.
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