Florence, Ala. and Conway, S.C. —Mallory & Evans Development has broken ground on two student housing communities with a combined value of $56 million in Alabama and South Carolina.
Projects include Bellamy Florence, a $24 million, 420-bed community located near the University of North Alabama in Florence, Alabama; and Bellamy Coastal, a $32 million, 480-bed community located adjacent to Coastal Carolina University in Conway, South Carolina. Both developments will offer fully furnished units with bed-to-bath parity. Shared amenities will include a pool, sundeck, 24-hour fitness center, study areas, covered outdoor patios with televisions, tanning beds, a clubhouse, fire pits and grills. Caliber Living, a subsidiary of Mallory & Evans, will lease and manage both communities. Both properties are expected for completion next fall.