RISE student housing facility across UH Mānoa to open in fall 2023

University of Hawaiʻi
Margot Schrire, (808) 376-7818
AVP of Communications, UH Foundation
Deborah Sharkey, (808) 349-8221
Makana Communications
Posted: Jul 26, 2022

The first students will move into RISE starting fall 2023. (Courtesy: Hunt Companies)
The first students will move into RISE starting fall 2023. (Courtesy: Hunt Companies)
The first students will move into RISE starting fall 2023. (Courtesy: Hunt Companies)
The first students will move into RISE starting fall 2023. (Courtesy: Hunt Companies)

Students across the University of Hawaiʻi System who are interested in entrepreneurship are invited to apply to live at Residences for Innovative Student Entrepreneurs (RISE), the mixed-use student housing/innovation center under construction across from the UH Mānoa campus.

The first students will move into RISE starting fall 2023. The residents will enjoy not only a brand-new housing community with like-minded students, but proximity to the wealth of UH entrepreneurship programs offered by the Pacific Asian Center for Entrepreneurship (PACE) in the Shidler College of Business, that will be centered in the classroom, makerspaces, meeting rooms, and co-working spaces on the bottom floors of the new facility.

Interested undergraduate and graduate students at any UH Oʻahu campus are encouraged to visit the RISE website for more information.

Leasing for fall 2023 will begin in fall 2022. University officials expect significant demand for the 374 beds in the $70 million live-learn-work RISE facility on the site of the former Atherton YMCA at the corner of University Avenue and Metcalf Street.

“RISE will provide UH students with unique opportunities to develop as innovators and entrepreneurs who will help lead the diversification and strengthening of our economy,” said UH President David Lassner. “It will also provide a meaningful increase in our student housing inventory that will help relieve pressure on the waiting lists created by enrollment growth at UH Mānoa, which looks to prepare for another record-breaking entering freshman class. This extraordinary project is coming together without burdening taxpayers thanks to the leadership and collaboration among our P3 partners and the support of private donors who have already given nearly $3.7 million to equip the state-of-the-art facility, provide scholarships and launch RISE programs.”

RISE is fully funded with private, non-taxpayer money. UH, UH Foundation and Hunt Companies entered into a public-private partnership (P3) to design, build and finance the facility. Moss is the general contractor. B.HOM Student Living will manage RISE, the university’s first externally managed student housing complex.

More on RISE

RISE is a first-of-its-kind, $70 million, six-story facility that will integrate an innovation-and-entrepreneurship center with student housing. It will be a collaborative learning environment where students of all disciplines can explore their passions, solve complex problems, build prototypes, test their ideas and access resources.

Students will cultivate new skill sets that are vital to becoming the next generation of leaders and entrepreneurs who can positively impact our community. PACE will expand into the 114,000-square-foot structure and develop hands-on programs and operate the co-working space, meeting rooms, classroom and prototyping labs.

Learn more on PACE’s website. Follow RISE on Instagram and Facebook (@risemanoa) for sneak peek imagery and updates during development.

Related UH News story:

About B.HOM Student Living

B.HOM is a division of BH, a people-first multifamily owner-operator that grew from a small startup into one of the nation’s largest commercial real estate companies. Founded in 1993, BH is celebrated for its simple commitment to doing business the right way and investing in its team. Today, BH manages over 100,000 units, employs 2,400 people, owns its processes in-house and is praised by Fortune Magazine as the “Best Workplace for Women,” “Best Workplace for Millennials” and “Best Workplaces for Diversity.” Powered by innovation and a can-do attitude, BH improves daily, striving to construct a smarter way to live, invest, manage and grow. ​​To learn more about B.HOM, visit https://www.bhomstudentliving.com/, and to learn more about BH Companies, visit https://livebh.com/.

The Pacific Asian Center for Entrepreneurship (PACE) is the home for an integrated set of leading-edge entrepreneurship programs at the University of Hawai‘i. Based in the Shidler College of Business, PACE is dedicated to fostering the entrepreneurial spirit among all members of the University and local community. For more information, visit pace.shidler.hawaii.edu or follow on Twitter and Instagram @pacehawaii.

The Shidler College of Business at the University of Hawai‘i at Mānoa was established in 1949 as the College of Business Administration and named in 2006 after alumnus Jay H. Shidler, founder and managing partner of The Shidler Group. The Shidler College of Business is renowned for its expertise in international management education and is consistently ranked among the nation's top business schools for international business by U.S. News & World Report. Long recognized for its Asia Pacific focus, the college offers a wide variety of degree, certificate and executive programs. The college offers the only graduate program in the state of Hawai‘i and Vietnam accredited by AACSB International. www.shidler.hawaii.edu.

The University of Hawai‘i at Mānoa serves approximately 20,000 students pursuing more than 225 different degrees. Coming from every Hawaiian island, every state in the nation, and more than 100 countries, UH Mānoa students thrive in an enriching environment for the global exchange of ideas. For more information, visit manoa.hawaii.edu. Follow us on Facebook www.facebook.com/uhmanoa and Twitter www.twitter.com/UHManoaNews.

The University of Hawai‘i Foundation, a nonprofit organization, raises private funds to support the University of Hawai‘i System. The mission of the University of Hawai‘i Foundation is to unite donors’ passions with the University of Hawai‘i’s aspirations by raising philanthropic support and managing private investments to benefit UH, the people of Hawai‘i and our future generations. Visit us at uhfoundation.org.