Name of new Missouri state residence to be approved this week

Missouri State University on Friday finalized the purchase of its new residence hall, built through a partnership with a private developer.

Matt Morris, vice president of administrative services, confirmed the purchase price of $24 million.

The seven-story, 402-bed ward on the west side of campus at 811 S. Holland Ave. sits on less than an acre. It should open in August with every bed taken.

It includes a four-storey parking garage with 285 spaces. The residence rooms are located on the upper floors. There is a restaurant and retail space in the building.

An executive committee of the MSU Board of Governors is expected to vote on Wednesday to name the building Heitz House. The meeting starts at 4 p.m.

An item on the meeting agenda indicates that the appraised value of the property was above the asking price of $24 million.

The new Missouri State residence is scheduled to open for the fall semester.

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The additional amount, which has not been disclosed, was donated by the developer, Bryan Magers, a longtime supporter of the university.

Magers requested that the hall be named after his good friend, Missouri State alumnus and donor John Heitz. Heitz is also a real estate developer.

The project is the result of a public-private partnership between the university and Bryan Student Housing LLC.

The original contract dated from the spring of 2018, when years of steady growth in college enrollment had nearly maximized on-campus housing options.

Over the years, the contract has been amended several times and the project has been delayed due to weather conditions and the pandemic, which have disrupted the supply chain, labor and economy.

Morris said the teams will continue to put the finishing touches on the project over the coming week.

“Furniture started arriving on Sunday,” Morris said. “By the time the students arrive on August 7, we will load the building, finalize (list of items) with Bryan Properties, and look forward to a good opening.”

Claudette Riley is the News-Leader’s educational reporter. Email news tips to [email protected]

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