U of M students told new apartments won't be ready till December

They must now find a new place to live with just weeks to go until the new school year.

The college experience has turned into a depressingly real-life experience for some University of Minnesota students, who are finding out their apartments won't be ready in time for the new semester.

The Minnesota Daily reports that the completion of the 195-unit Prime Place complex at 117 27th Ave. SE has been delayed until Dec. 29, with would-be renters informed this past week they won't be able to move in on Sept. 2 as planned.

Student renters have been given two options, cancel their lease early and get their security deposit back, or delay the lease until December and get a rent reduction worth $1,500, the newspaper notes.

The Star Tribune reports that the university is advising all students to reject the offers from Prime Place, noting that it's possible the developer is in breach of contract because of the last-minute change.

Rent at Prime Place ranges from $1,058 per month for a studio to $538 per student in a four-bedroom apartment, according to the building's website.

The complex is being developed by Elsey Partners, which has completed similar student buildings in Manhattan, Lincoln, Nebraska and in Stillwater, Oklahoma.

Employees of the company declined to comment when contacted by the Star Tribune, which reports that some of those unable to move in on time are now anxious about finding somewhere else to live.

CityPages reports that an email to students blamed "construction delays," but adds that building management have been helpful to students left in the lurch.

Trevor Wolf is among those whose apartment won't be ready, with the U's legal services team advising him to find a better deal instead of canceling the lease or accepting a rent reduction. Wolf managed to do this, with Prime Place covering the extra cost of the rent and any associated moving costs.

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