University of Cincinnati Board of Trustees Meeting Minutes December 16, 2025
UC Approves $13M Student Housing Lease with The Verge
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Description
The University of Cincinnati Board of Trustees approved a block lease agreement with The Verge for 491 beds and 265 parking spots to address FY26 housing demand. The agreement is for up to two years and totals $13,141,440, commencing August 1, 2026.
Contract Details
Contract Amount
$13,141,440
Vendor
THE VERGE
Agency
University Of Cincinnati-Main Campus, OH
Contract Type
FACILITIES
Document Date
December 16, 2025
Contract Term
One (1) year commencing August 1, 2026, with option for additional one (1) year; total up to two years
Renewal Date
2028-07-31
Renewal Info
One-year lease with option to extend for an additional year; total potential term is two years.
More from University Of Cincinnati-Main Campus
Summary of Actions Taken at the Regular Meeting of the Board of Trustees
university_of_cincinnati_board_of_trustees_meeting.pdf
university_of_cincinnati_board_of_trustees_meeting.pdf
university_of_cincinnati_board_of_trustees_meeting.pdf
university_of_cincinnati_board_of_trustees_meeting.pdf
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