SOUTH KINGSTOWN, R.I. (WPRI) — The University of Rhode Island (URI) is planning to build housing on its Kingston campus for more than 1,200 students.

URI announced Wednesday that it has selected Gilbane Development Company as its development partner.

Several new residential buildings with apartment-style suites will be constructed under the new plans.

URI said the Providence-based company will lease university-owned land to plan, finance, design, construct and operate the new residence halls.

The project is currently in its feasibility study phase. Once this phase is finished, construction will get underway.

"This public-private partnership offers many benefits to the University and our students,” said Abby Benson, vice president for administration and finance. "The partnership enables us to address the growing demand for on-campus housing expressed by URI students. It also enables us to develop new housing on an accelerated timeline while ensuring fiscal responsibility."