The new Cal Poly student city is expected to open in 2008 (construction starting in early 2006). The development location is up in the Poly Canyon area. It’s planned to have 2700 beds, a recreation center, laundry facilities, swimming pool, and sports bar. The breakdown on rooms are: 100 studio apartments, 250 2-bedroom, 500 four-bedroom. Two parking structures would handle 1900 parking spaces.
While this may sound like it may impact the local rental housing market, I think they are going to increase enrollment when they have this extra housing so it may not affect it.