PROCON completes Madbury Commons housing at UNH

17 & 21 Madbury Road - Madbury Commons - Durham, NH

Durham, NH PROCON has completed construction work in time for the fall 2015 semester on Madbury Commons, a 525 bed student housing development that is near the University of New Hampshire. The mixed-use complex is a combination of student housing and commercial retail space. One of the town’s most prominent student housing developers, Golden Goose Capital, developed the multi-purpose complex. PROCON was the construction manager, TMS Architects produced the comprehensive design and financing was led by Kennebunk Savings.

Construction work began on the project in June 2014 and took 14 months. Severe winter conditions and site conditions challenged the construction schedule, but the PROCON construction team worked aggressively to keep the project on target for the upcoming school year. “The remarkable effort put forth by the PROCON team over the past four months working whatever hours it took to finish the project has paid off. It has allowed the students to move in as scheduled,” said the PROCON project manager.

The two multi-purpose buildings are comprised of 126 student apartments located at 17 and 21 Madbury Rd. The buildings are on 2.6 acres and total 208,000 s/f. The property includes 46,000 s/f of commercial retail space. The prospective retail areas are contained on the lower floor of the buildings with the student housing located above. UNH has signed a 20-year lease for 38,000 s/f for its nationally acclaimed InterOperability Lab, which provides hands-on experience to future engineers. The lab is expected to open by December 2015.

The furnished upscale apartments are around 1,000 s/f each to accommodate the 500 plus students.

The units stretch along color-coded hallways with 26 uniquely designed floor plans for students to choose from. Each unit contains chic kitchens with granite countertops, full bathrooms, air conditioning, stackable washer/dryer units, cable and WiFi, and the living rooms include 46” flat screen HDTV’s for student enjoyment. The buildings’ contain security surveillance, and room access is available via cell phones, rather than traditional keys. The new Madbury Commons complex will meet the rising demand for student housing that has soared in recent years in the Durham neighborhood.

Golden Goose Capital is a private equity firm based near Boston, and operates one of the largest student housing portfolios in New Hampshire. Student housing is their passion! Golden Goose focuses on developing, owning, and managing student housing properties near leading universities, and creating environments where students can thrive.

Kennebunk Savings is an independent and mutual community bank and a full-service financial institution for retail and commercial customers that employs more than 280 people. With 16 branches throughout York County, Maine and Seacoast New Hampshire, the Bank’s branch network includes three New Hampshire offices. Kennebunk Savings, with over $860 million in assets, contributes 10% of its annual earnings each year to local charitable organizations through its Community Promise program.

Founded in 1984, TMS Architects has built a strong reputation in New England by providing architectural services in three primary areas; custom residential, corporate/commercial and historic preservation.  TMS is an award-winning firm that is efficient, and technologically advanced with a strong sense of aesthetics and a deep commitment to the quality and nature of their work. 

 PROCON is a fully integrated in-house design-build firm specializing in institutional, commercial, hospitality, industrial and multi-family residential projects. Celebrating 80 years of business, PROCON is highly regarded for its single-source design and build philosophy and commitment to client success.