CA Student Living Breaks Ground on Mixed-Use Development Near Penn State

HERE at State College will offer 734 student beds one block from the Penn State University campus in State College. HERE at State College will offer 734 student beds one block from the Penn State University campus in State College.

State College, Pa. — CA Student Living, the student housing investment and development division of CA Ventures, has broken ground on HERE at State College, a 510,112-square-foot mixed-use development located one block from the Penn State University campus in State College.

The project is being developed in partnership with Friedman Real Estate Group and Penn State Hillel. The 12-story development will include 734 beds of student housing on floors three through 12; 30,000 square feet of retail on the two lower levels designed to look like a European Arcade; and an 18,000-square-foot facility for Penn State Hillel, which will provide lounge and study spaces, shared staff and student leadership workspace, flexible event spaces and a private terrace for the university’s Jewish student population.

Units at HERE at State College will range from 500-square-foot one-bedroom/one-bathrooms plans, to 2,000-square-foot duplexes with five bedrooms and five baths. Shared amenities will include a health and fitness center, club room, a study lounge with computers and several private study areas. Boston-based Shepley Bulfinch has been retained as architect of record, while Fifth Third Bank and KeyBank provided construction financing for the project. The development is set to open in summer 2020, with pre-leasing beginning next fall. 

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