Summary of Actions Taken at the Regular Meeting of the Board of Trustees
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 student housing and parking. The two-year agreement for 491 beds and 265 parking spots totals $13,141,440 and commences August 1, 2026.
Contract Details
Contract Amount
$13,141,440 (two years)
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 an additional one (1) year term
Renewal Date
2028-07-31
Renewal Info
One-year initial term with an option to renew for an additional one year; total potential term is two years.
More from University Of Cincinnati-Main Campus
University of Cincinnati Board of Trustees Meeting Minutes December 16, 2025
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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