MEMPHIS, Tenn., Feb. 14, 2007 (PRIME NEWSWIRE) -- Education Realty Trust, Inc. (NYSE:EDR) today announced that one of its student communities, Community Park at the University of Louisville, has been honored regionally by the Associated Builders and Contractors of Kentuckiana, Inc.
The $15 million, 359-bed residence and Greek organization community was developed by Allen & O'Hara Development Company, LLC, the development company subsidiary of EDR, with ULH, Inc. and was built on-time, on-budget by Cincinnati-based Messer Construction Company.
The four-story residence hall opened in July 2006.
"We gratefully acknowledge the recognition the University of Louisville and its Community Park team have received for this project," said William W. Harris, president of Allen & O'Hara Development Company. "The ABC Award of Honor recognizes the mixed use of this student community, the collaborative approach used in its construction and its beneficial impact on the Louisville campus and on student recruitment."
The award was bestowed this past week in Louisville through the Building America Construction Awards of Excellence program sponsored by the Associated Builders and Contractors of Kentuckiana, Inc., a trade association representing more than 450 construction companies in Kentucky and southern Indiana. The program is now in its fifteenth year.
Community Park is one of four student communities managed by Allen & O'Hara Education Services, Inc., the real estate management company subsidiary of EDR, at the University of Louisville.
About Education Realty Trust
Education Realty Trust, Inc. (NYSE:EDR) is a self-administered, self-managed real estate investment trust that owns, develops and manages high-quality student housing communities throughout the U.S. Led by a team with more than 170 years of shared industry experience, EDR is one of America's largest owners and operators of collegiate student housing. Its portfolio includes 40,742 beds at 66 communities in 21 states. For more information please visit the company's Web site at www.educationrealty.com.
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