Emily RancerThe construction of a 69-unit housing complex for faculty and staff is on schedule, said Jim Reinhart, the managing director of the Cal Poly Housing Corporation. The Bella MontaAña development, which will be at the corner of Highland Drive and North Santa Rosa Street, should be open for full occupancy by fall 2007.
“The project is 12 percent complete and the building paths are complete for 15 of the 21 buildings,” Reinhart said of the construction. “They’ve poured the foundations and they’ll be starting the framing fairly soon.”
Reinhart said construction workers are currently relocating storm drains, water and communication lines.
Because housing in San Luis Obispo County can be expensive, Bella MontaAña will offer homes for Cal Poly faculty and staff at below-market prices, starting in the low $300,000s.
Applications will be put on the project’s Web site (bellamontanahomes.com) later this month. Recently hired faculty and staff will have first priority for the housing.
“If the demand exceeds the number of homes available, we will have a selection process that includes a lottery,” Reinhart said. “And that lottery is planned for April and May 2006.”
The $24 million project is scheduled to have the first 18 homes ready for occupancy by October 2006. However, the date could change depending on how quickly other phases are completed.
The Cal Poly Foundation is providing the initial financing for Bella MontaAña with the help of Mid-State Bank & Trust.
BDC Development Corporation of Pismo Beach is the design/building general contractor, and San Luis Obispo’s Hoffman Associates Inc. is the construction management firm for the project.