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Orascom’s subsidiary completed $245m project in Texas

Orascom’s subsidiary completed $245m project in Texas
Construction began two years ago, and was finished one week ahead of schedule
Orascom Construction
OC
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Cairo - Mubasher: The Weitz Company, a subsidiary of Orascom Construction, announced that it has finished building the largest student housing development in the United States one week ahead of schedule.

The $245 million Park West construction process took around two years, to establish a 50-acre, 3,406-bed, 2.2-million-square-foot community, located in College Station, Texas, on the campus of Texas A&M University, according to the company’s statement.

Construction started 1 August 2015, through through a public-private partnership between the Texas A&M University System; Irving, Texas-based developer Servitas; and Weitz, the statement noted.

“Most projects of this size have a much longer duration. To finish in two years, we engaged our in-house experts and subcontractor partners early in the design-build process and also implemented Lean construction practices, keeping all parties fully committed throughout the build process,” said The Weitz Company Vice President Shane Bauer.

“The construction professionals at Weitz have been top-notch, and they delivered a high-quality product that will serve Aggies for decades,” Ray said. “This public-private partnership has led to the best student housing development in the country – maybe the world – to be constructed without the university taking on any debt as well as allowing the System to strengthen our core mission of teaching, research and service.”

Weitz also pointed to the supreme level of collaboration and communication, which gave confidence to all stakeholders involved, including those from the Texas A&M University System and Servitas who weren’t witnessing all the day-to-day activity but were extremely invested in the project’s quality and schedule.

“Park West is a milestone project both for us and for the Texas A&M University System, which will see benefits from this incredible development for many years to come. We are exceptionally proud of this project and thankful for Weitz’s part in delivering such a beautiful development,” said Servitas CEO Rafael Figueroa.