UHV buys land for fourth dorm
May 28, 2014 at 12:28 a.m.
The University of Houston-Victoria purchased 1.339 acres Wednesday to build a fourth student dorm.
The land is at the corner of Ben Wilson and Red River streets.
The university paid $350,000 to Kiran and Jagruti Dayavan, who manage American Inn and Suites on Houston Highway, for the corner property that neighbors a trailer park.
Wayne Beran, UHV vice president for administration and finance, said UHV may consider housing sophomores at the new site and eventually just have freshmen living in Jaguar Village.
Having more student housing is essential to the university's growth, Beran said.
Kiran Dayavan said he and his wife, who have a 10-month-old daughter, are excited to see the university grow.
"We'd like to see the university grow here so she doesn't have to go anywhere else for school," he said.
Since UHV started offering freshmen and sophomore courses in 2010, the university has added three new residence halls, made two land purchases and began the construction of its first academic building in 14 years.
"It was a pretty acceptable transaction, which took almost two years to complete," Beran said about the purchase. "There were quite a few interested parties."
The property was at a key location to secure for the university's expansion, Beran said.
No negotiations have been made yet to purchase the trailer park lot, he said.