Masthead Image

UC Merced 2020

ProjectUC Merced 2020
The brand logo

Download PDF fact sheet

The UC Merced 2020 Project is a 1.2 million gross-square-foot campus expansion and redevelopment project on the UC Merced campus in Merced, California that will nearly double the campus’ physical capacity by 2020.

The project will be the first in the UC system to use a single private development team for a multi-year, multi-building project of this scope. Plenary Properties Merced (PPM) will not only design and build all of the new facilities as a single, fast-track project, but will also ensure major building systems operate effectively over the 39-year term of the contract.

Project facts


Merced, California, USA


University of California, Merced

Value (NPV)

US$1.338 billion

Our role

Financial adviser

Equity investor


Webcor Builders


Skidmore, Owings & Merrill


Johnson Controls

Financial close date

August 2016

Completion date

September 2020

Contract terms

Design, build, finance and maintain for 39 years


  • Best Social Infrastrucuture Project, 2017 P3 Awards
  • North American Social Infrastructure Deal of the Year, 2017 IJGlobal Awards
  • The Americas P3 Deal of the Year, 2016 PFI Awards

Project website

To accommodate changing needs over time, the design and construction approaches are flexible and highly adaptable, helping the campus achieve long-term life-cycle and sustainability goals.

Exterior view of the UC Merced dining hall building

Design features

The 2020 Project is proposed as a mixed-use, master-planned development to be built on a 219-acre, university-owned parcel that includes or is adjacent to the existing campus.  

The project will include new teaching facilities, research laboratories, and faculty offices. A total of 1,700 new beds of Student Housing will be constructed by 2020 helping UC Merced grow from currently 6,000 students to over 10,000. The project will be delivered in three phases with First Delivery in Summer 2018, Second Delivery in Summer 2019, and Substantial Completion for Summer 2020.


The 2020 Project master plan is designed around an Academic Walk lined with ground floor teaching, retail, and meetings spaces with student housing in the upper floors to create a vibrant, collaborative environment. The Academic Walk is anchored to the north by a research quad and to the south by administrative offices and student services.

In line with the University’s sustainability goals all buildings will be a certified LEED Gold minimum. The design includes a robust approach to storm water management and aquifer recharge. These design considerations are consistent with the University’s goal of reaching triple net zero.

Related projects

Purdue University Student Housing Facilities image

Purdue University Student Housing Facilities

Given the urgent need for undergraduate student housing on campus, Purdue University elected to utilize a P3 procurement…

Long Beach Civic Center Redevelopment image

Long Beach Civic Center Redevelopment

The Project includes the creation of a new City Hall, a new Main Library, a revitalized Lincoln Park,…

University of Idaho Utility System Project image

University of Idaho Utility System Project

The University of Idaho (the University) and Sacyr Plenary Utility Partners Idaho LLC (SPUPI) have entered into a…


Follow Plenary Group

Follow Plenary Americas