For Press and Public Relations, Contact:
Director of University Campus Development
How Campus Town came about
In 2009 the NJ Legislature passed and the Governor signed into law the “New Jersey Economic Stimulus Act of 2009”. Among other things, this law amended public higher education status to permit a New Jersey State College to enter into a public-private partnership agreement, subject to requirements and approval of the New Jersey Economic Development Authority (NJEDA), enabling private entities to perform on-campus construction projects. As a result, The College of New Jersey reached out to developers to design, finance, operate, maintain and own a new student residence hall and retail stores.
PRC Campus Centers, LLC, headquartered at 40 Monmouth Park Highway, in the Borough of West Long Branch, County of Monmouth, and State of New Jersey, is the Private Partner in the TCNJ Campus Town Development. PRC Campus Centers, LLC, is a newly formed, single-purpose entity, and a member of The PRC Group of Companies. As such, it is imbued with the collective experience, understanding, and proficiency in real estate development, construction, and management that has been acquired by all PRC affiliates over a rich and diverse history that has spanned more than fifty (50) years. The PRC Group of Companies, including PRC Campus Centers, LLC, benefit from and operate under a shared, cohesive, and knowledgeable management team and ownership that is common to all affiliates.
The record of accomplishments, experience and business acumen that is referenced herein constitutes the combined achievements, capabilities, and expertise that constitutes the collective strength
of The PRC Group of Companies (The PRC Group).
The member companies of The PRC Group, include multi-faceted managers, builders, and developers, as well as a licensed real estate broker, for a broad spectrum of real properties, including all forms of residential (single, multi-family and mixed-use), commercial office, retail, and light industrial properties. As such, it provides a completely integrated approach to property management, which favorably distinguishes it from single-faceted property managers, whose experience is often limited to only one or two aspects of the overall spectrum of critical expertise. As a result, The PRC Group is uniquely qualified to provide both the highest and most comprehensive level of service for the management of real properties and the protection, preservation and realization of potential values for the investors, lenders and creditors of real
The PRC Group and its affiliated companies comprise of one of the most diversified and talented groups within the industry. For over fifty
(50) years, they have achieved a consistent record of continuing growth and financial strength attributable to an uncompromising dedication to creating value; delivering quality service; and maintaining an unmatched level of efficient technology and experienced talent. Aside from its own portfolio of
well-maintained and well managed real estate investments, The PRC Group’s most valued assets are its clients and participating investors.
At Capstone On-Campus Management, we are a group of housing professionals clearly focused on providing management and consulting services
for student housing owned by non-profits: colleges, universities, and
non-profit foundations. With corporate headquarters in Birmingham, Alabama, we serve campuses from Washington State to Massachusetts.
As a result of our focus, we have become the leading provider of third-party management services to non-profit owners, currently managing 23,080
beds, serving 23 campuses nationwide (reflecting $1.6 billion in assets).
The majority of these communities
are located directly on a college or university campus. We approach
each management partnership with innovativeness and flexibility – there
is no “one size fits all.” An important outcome of this approach is an arrangement known in the industry as “Shared Governance,” which leverages the strengths of our campus partner and Capstone On-Campus.
We believe a well-planned on-campus housing program can positively affect recruitment, retention, and overall student satisfaction, and we are committed to helping institutions
re-position their on-campus housing programs to do so. This commitment moved us to offer a service known as “Fresh Eyes Consulting.” Fresh Eyes is an efficient (completed in three consecutive days on a campus) and affordable service to help institutions appropriately size a housing program, focus on
the right target market(s), as well
as strengthen the various student
services vital to the success of a
Turner's first job in New Jersey was a concrete floor for the Central Lard Company in Jersey City in 1902. Since then, Turner has completed more than 500 projects throughout the state that vary in size and complexity. Turner opened an office in Somerset in 1984 and today we have more than 180 dedicated team members.
Turner's New Jersey office works with a diverse mix of public and private sector clients and has built or managed the construction of many of the state’s leading commercial, residential, institutional, industrial, sports and healthcare facilities.
Notable projects include the New Jersey Performing Arts Center, Liberty View Towers, Frick Chemistry Laboratory, the University Medical Center of Princeton at Plainsboro (UMCPP), The Green at Florham Park, the restoration and renovation of the State House Annex and the Trenton War Memorial, Bridgewater Crossing, the AT&T Network Operations Center, as well as multiple projects at NJIT, UMDNJ and Rutgers, The State University of New Jersey. These are just some of the projects that have made Turner a leading builder in New Jersey.
Our commitment to sustainability is reflected in our staff, which includes more than 120 LEED Accredited Professionals, and we are proud of our LEED and green projects which include three Platinum certified buildings. We are sustaining sponsors of the United States Green Building Council’s New Jersey Chapter and several members of our staff are active chapter members as well.
Recognized as industry leaders, our dedicated team has applied the company's core values of teamwork, integrity and commitment to deliver on our promises to our clients.