Orascom Construction subsidiary completes largest student housing project in US

OC subsidiary completes largest student housing development in the US for Texas A&M: Orascom Construction (OC) announced on Monday (pdf) that its wholly-owned subsidiary, the Weitz Company, has completed construction of the largest student housing development in the US. Construction of the 2.2 mn sqm residential facility at Texas A&M was completed in just two years and one week ahead of schedule, a rare occurrence for a project of this magnitude, according to Company Vice President Shane Bauer. “This [project] has led to the best student housing development in the country — maybe the world — to be constructed without the university taking on any debt,” said Texas A&M University System Vice Chancellor of Business Affairs Phillip Ray.