BLACKSBURG, Va., June 2 -- Virginia Polytechnic Institute and State University issued the following news release:

The construction of four new residence halls is one step closer to completion following the Virginia Tech Board of Visitors' approval of the capital project construction authorization earlier today.

Once completed, the new buildings will enable the university to advance a multiyear residential investment strategy that will support student success by creating a supportive, engaging, and high-quality on-campus living environment and allow the university to renovate and modernize existing housing inventory.

The investment strategy aligns with Virginia Tech's recent On-Campus Housing Framework, an appendix and companion product t...