CAPE TOWN - The city of Bloemfontein will now attempt to balance the increasing demand for student accommodation with the establishment of a brand new student residence, set to open its doors in January 2018.
The R120 million custom built student residence will comfortably accommodate 469 students.
Located roughly 250m from the University of the Free State, the residence aims to accommodate students whether they are privately funded or state funded.
This venture is believed to decrease the pressure on student's to opt for private accommodation.
"This is our first residence project in Bloemfontein, and we are looking forward to welcoming students from the University of the Free State and other tertiary institutions within the city through our doors", says Craig McMurray, CEO of Respublica.
The residence will not only see students with a place to stay but will also uplift the local community and contribute towards job creation.
"While the new residence is a material infrastructure spend in the region of R120m, approximately 60% of the procurement spend is aimed at uplifting local contractors and suppliers. The development has created roughly 150 employment opportunities during the construction phase of the residence, and will provide approximately 20 permanent job opportunities once the development is operational", says CEO of Respublica, Craig McMurray.
Considering the demand of student accommodation exceeding the supply at most institutions, this new residence hopes to address that issue in Bloemfontein.
Students can also apply now to secure their spot at the new residence.
Notably, Respublica has a wide portfolio of residences across Johannesburg and Cape Town.
Their newly-constructed residence in Claremont provides accommodation for the University of Cape Town.
The Cape Town residence will only be operational in January, 2019.
A single bedroom apartment can be procured for R4 550.
This rate is all-inclusive for parking, laundry, uncapped WiFi, weekly bedroom cleans and access to all the facilities within the residence.
All Respublica residences include free uncapped WiFi, a computer lab and study rooms, a gym, a games room, a chill room, laundry facilities and a swimming pool.
Biometric access control supported by 24-hour access to armed response ensures security peace of mind, while a weekly cleaning service and regular maintenance programme make sure that the residence really is a home away from home for residents.
The residence also offers dedicated assistance of on-site residence managers and student leadership structures.
Respublica provides an integrated residence life programme to help students adjust to the responsibilities of independence and studies while providing social, sport and educational opportunities to sharpen and develop the softer skills needed in a student’s future career.
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