Olympic-Era Residence Halls Transferring to GA Tech
University System of Georgia Chancellor Erroll B. Davis Jr. announced today the transfer of Board of Regents-owned property from Georgia State University to the Georgia Institute of Technology. The property, located at North Avenue and Centennial Olympic Park Drive, includes residence halls originally built to house athletes participating in the 1996 Centennial Olympic Games, held in Atlanta.
Since fall 1996, the residence halls have housed Georgia State students, and with the transfer, will be occupied by Georgia Tech students, beginning with the fall 2007 semester. As Georgia State has continued to create on-campus housing adjacent to its downtown campus, University System officials realized that the Olympic Dorm complex would be a better fit with the adjacent Georgia Tech campus.
"On behalf of the Board of Regents, we are pleased with this outcome that keeps this valuable property within the University System," said Davis. "This is an optimal result for the System and will benefit both Georgia State and Georgia Tech."
"Thanks to the efforts of many individuals within the University System, the transfer of Georgia State's Village will provide resources needed to build more student housing on our campus, a component of our updated master plan that calls for an additional 4,500 beds over the next 10 years," said Georgia State University President Carl Patton. "Also, research shows that students who live on campus are more involved in campus life, get better grades and graduate more quickly."
The four residence halls, initially constructed for a cost of $79.6 million, currently can house 2,000 students in 3-6 bed apartments.
"I would like to express my appreciation to Chancellor Davis and everyone who made this possible," said Georgia Tech President Wayne Clough. "Acquiring the Georgia State Olympic residence halls will help us meet the housing demands of a growing student body at Georgia Tech and allow us new options as to how we use the land on our campus."