The University of Texas at Austin is adding housing to accommodate more than 1,700 students as part of its long-term efforts to address affordability and keep students close to campus.

The university just closed on the purchase of Dobie Twenty21, formerly known as the Dobie Center. The building on the southwest corner of the main campus has 980 beds in 504 units.

The acquisition comes on the heels of authorization in August from the Board of Regents to build new graduate student housing with about 780 beds in UT Austin’s East Campus area.

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