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Excavation for the new residence hall on F Street is largely complete, and work is now beginning on a foundation for the $75 million building.

Excavation of the residence hall began this fall, and construction is expected to be completed by fall 2009. It will be 10 stories high with three below-ground garage levels, according to permits filed with the city. This weekend a large crane will be erected to facilitate further work on the project.

Executive Vice President and Treasurer Lou Katz said the next step is to begin pouring concrete for the foundation of the building.

The final product will be about 300,000 square feet and will house 400 upperclassmen in conjoined singles.

These permits estimate the initial cost of the project to be $58 million, and Katz said this does not include furnishings and other additional expenditures.

The residence hall will be the most expensive building ever erected on GW’s campus, with the exception of the GW Hospital. On a per-bed measurement, the hall is more than double the cost of Potomac House.