Colorado Mountain College Housing Initiative
Colorado Mountain College is investing $40 million to construct apartment-style student housing at four of its campuses to address the difficulty many students have finding a place to live. We hope to complete construction by June 2023 and open for leasing prior to the fall 2023 semester.
CMC campuses in Breckenridge, Edwards at Vail Valley, Spring Valley at Glenwood Springs and Steamboat Springs are each slated for 38 units (with approximately 50-60 beds) of on-campus housing with the potential to add units in the future. These campuses were selected based on anticipated student demand, escalating housing scarcity in these high-cost mountain resort communities and the availability of CMC-owned land in these locations.
New apartments will be designed primarily for upper-division students who reside and work in mountain communities year-round and are finishing their degrees.
Plans call for a variety of one bedroom and studio apartments. Residents will sign 12-month leases and reside on campus year-round. Rent prices will be offered at an attainable price point, likely 10% to 15% below market rates.