The Board of Trustees formally accepted a report by the consulting firm Ira Fink and Associates in April that calls for renovation rather that new construction of residence halls over the next 20 years. Trustees requested additio nal analysis of financing and timing, although officials were given the go-ahead to implement the first stages of the plan calling for $137 million in renovations. The consulting firm recommended renovations to maintain the campus' residential atmosphere and classic Georgian architectural style, both of which are major attractions to students according to the report.
