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UNCA Millennial Campus Development

Sector: Education • Location: Asheville, North Carolina, United States

Source: Washington Examiner

Project
Planned

The University of North Carolina Asheville (UNCA) received approval to lease 54 acres for the development of apartments, retail spaces, and a soccer stadium. The project involves leasing the property to the university's endowment fund for $1 a year for 99 years, which will then negotiate with a developer responsible for financing, design, construction, operation, and maintenance. The project aims

Status
Prospective
Sector
Education, Stadium
Location
Asheville, North Carolina, United States of America
Updated
22 Jul 2026
Source
Washington Examiner

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Project Information

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The project “UNCA Millennial Campus Development” is an infrastructure initiative in the Education sector, located in Asheville, North Carolina, United States. Taiyo aggregates data on it from Washington Examiner.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The University of North Carolina Asheville (UNCA) received approval to lease 54 acres for the development of apartments, retail spaces, and a soccer stadium. The project involves leasing the property to the university's endowment fund for $1 a year for 99 years, which will then negotiate with a developer responsible for financing, design, construction, operation, and maintenance. The project aims to address the shortage of off-campus student housing and includes a 5,000-seat soccer stadium to be jointly constructed with the city's amateur soccer club, requiring about $29 million in public grants.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

North Carolina

City

Asheville

Source

Source

Washington Examiner

URL

More Details

Record type

Project

Sector

Education, Stadium

Article published date

2025-09-16

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