RENO, Nev (KOLO) -- It’s graduation time at the University of Nevada, Reno, but as students are moving on, enrollment is on the rise. So is the demand for student housing. As developers find solutions, not everyone will be part of the process.
One of those people is Paul Martin. He has owned Bibo Coffee Company for the past 14 years. He and his wife already have three shops open in Reno including the one near UNR.
"It's a beautiful spot. It's a historic spot. It's kind of nice and funky," said Martin.
This week, he is putting his stamp on the fourth.
"I'm really looking forward to new changes in June," said Martin.
While he is used to change, he might have to deal with that again. A proposed 165-unit student housing project by Capstone Collegiate Communities is expected to be built for 625 students, right where his shop on Record Street sits
"We knew something was coming down the line. The property has been on sale for a few years," said Martin.
This effort is to help take care of the housing need for the university students.
"Every two to three years, we have had a need to increase more and more housing,” said Rod Aeschlimann, UNR Residential Life Executive Director.
The university has a total of eight on-campus housing setups for graduates and undergraduates.
Aeschlimann says the university is in the process of building new on-campus housing for STEM majors.
"We are expecting more local students to apply, but it looks like the same number. Right about capacity, which is where we anticipate being," said Aeschlimann.
Martin says the owner of his Record Street property has been great to him. He remains optimistic he will find another location.
"We will continue to search around the university if this goes through for the next year or two and try to find a new location there," said Martin.
Capstone says the company has not yet fully committed to the project. It will announce if it’s moving forward with the plan in the next couple of months.