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Radford University announced plans to build a multi-story hotel near campus and expand the riverside part of its campus within the next several years.
In his annual State of the University Address, Radford President Brian Hemphill, who is in his third year at the university’s helm, kicked off the alumni weekend with a celebration of the past year’s accomplishments. However, the main event showcased how Radford University is expected to grow over time.
Above all, the announcement of Radford’s 2020-2030 Master Plan got the most attention.
This plan includes a full-service, multi-story hotel located very close to campus, at the intersection of Tyler Avenue and Calhoun Street.
According to WDBJ7, the buildings currently there are owned by the Radford University Foundation and are planned to be demolished. The hotel will likely be completed by 2023 and is estimated to cost between $20 million and $25 million, none of which is said to come from state funding.
“I am confident that our campus will serve as a wonderful backdrop for area visitors and University guests,” Hemphill said in the address. “Imagine standing on the top floor of the hotel in the rooftop restaurant and seeing the beauty and excitement of our campus.”
Radford will be working with JLL, a Fortune 500 real estate services firm which, according to Hemphill, will provide “professional services and needed assistance with product definition and implementation.”
The other big announcement of the night, the addition of a riverfront walk, will be along the New River. It will rebrand Radford as a “River Campus.”
These developments will come with a new traffic pattern, a boardwalk by the river, an amphitheater, a Champions Walk, a zip-line, and a revamped bridge to connect it all to the main campus.
The riverfront project is estimated to cost at least $10 million, according to WDBJ7.
Photo Credit: (Radford University)
Featured Image: (Design of the future multi-story hotel coming to Radford)
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