The mission of the UWM Real Estate Foundation (UWMREF) is to develop and hold real estate for the benefit of the University of Wisconsin-Milwaukee (UWM). In January 2008, we welcomed students into our first residence hall, RiverView. Our second residence hall, Cambridge Commons opened in the fall of 2010.
RiverView, a 488-bed facility, was designed in partnership with University Housing staff in an effort to address the critical shortage of University-operated student housing. Cambridge Commons, a 700-bed facility, also built to address this need, includes freshman and sophomore housing. In the fall of 2009, approximately 30,455 students were enrolled at UWM. With the completion of Cambridge Commons, UWM has a total of 3,900 residence spaces. This made it possible to guarantee all freshmen housing. University-based housing is a vital component of a student's education. Research has shown its potential to significantly enhance a student's academic experience and performance. We are pleased to provide this valuable asset to UWM and its students with zero taxpayer funding.
Public/private partnerships are the key to public higher education growth in the 21st century. I am honored to serve as Chair of the UWM Real Estate Foundation and to have the opportunity to leverage the power of these partnerships for the future of Metropolitan Milwaukee and Southeastern Wisconsin.
Bruce T. Block, Ph.D