138 Student Living Signs New Concession Agreement with UWI

138 Student Living Jamaica Limited signed a new Concession Agreement with the University of the West Indies Mona Campus on Friday April 10, 2015 which will see the renovation and expansion of the Gerald Lalor Flats and Irvine Hall. The Gerald Lalor Flats which were built approximately 20 years ago will be renovated and expanded and brought into operations later this year. Irvine Hall which is approximately 50 years old will be demolished, reconstructed and expanded. Both projects will result in improved accommodation and additional facilities for students on the Mona Campus. The construction value of the Concession Agreement is estimated to be $2.2 billion, which will be spent over the next 2 years, is expected to bring a further 100 jobs to the number already created for phases 1 and 2 of the initial Concession Agreement.