Campus Apartments Announces $175 Million in New Development

The 706-bed, 114 Earle development in Clemson is scheduled for delivery in August 2017. The 706-bed, 114 Earle development in Clemson is scheduled for delivery in August 2017.

Philadelphia — Philadelphia-based Campus Apartments has announced three new student housing developments, totaling more than 1,700 beds, in Tennessee, South Carolina and Pennsylvania.

Through a joint venture with Collegiate Development Group, Campus Apartments will develop two off-campus student housing communities at the University of Tennessee in Knoxville and Clemson University. Both projects will offer a pedestrian-to-campus location, state-of-the-art amenity package and ground floor retail.

Currently under construction, the 706-bed development in Clemson, South Carolina — currently titled 114 Earle — is scheduled for delivery in August 2017. The 603-bed Knoxville, Tennessee, development is slated for an August 2018 completion.

Campus Apartments has also partnered with the University of the Sciences in Philadelphia to develop a 400-bed freshman residence hall to mark the start of a multi-phased effort to improve facilities across campus over the next several years. The third-party development is scheduled for completion in August 2018. 

The two new off-campus development projects are the latest investment of the Campus-Clarion Student Housing Partners LP Fund.

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