Landmark and PennTrust Properties Developing Student Housing Near Penn State

by Scott Reid

State College, Pa. — Landmark Properties and PennTrust Properties LLC are developing The Metropolitan, a 540-bed mixed-use building under construction in State College. 

The Metropolitan is located adjacent to Penn State’s campus and within walking or biking distance from downtown shops and restaurants. 

The 12-story building will include approximately 32,000 square feet of retail and commercial space, 164 underground parking spaces for both tenants and retail customers, and other on-site amenities, including a 9,000-square-foot clubhouse and amenity area, a rooftop terrace, fitness center and a third floor outdoor terrace.

Each unit at The Metropolitan will feature floor-to-ceiling windows, granite countertops, stainless steel appliances, high-speed Internet and cable, washers and dryers, private baths and decorator cabinets. Residents will be able to choose from a living options including studios through five-bedroom units.

Pre-leasing will begin in the second quarter of 2016, and The Metropolitan’s first residents are expected to move into the building in the fall of 2017. Landmark Properties will serve as the property manager and Landmark Construction will serve as general contractor on the project.

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