Off-campus

Los-Angeles-Landmark

Los Angeles — Landmark Properties is set to break ground on The Mark at Los Angeles, a 166-bed student housing development located adjacent to the University of California, Los Angeles (UCLA) campus at 10915 Strathmore Drive. The community will offer two- through five-bedroom units, including five affordable units offering 21 beds. Shared amenities will include an outdoor courtyard, private and shared rooftop terraces and a resort-style swimming pool. Landmark purchased the development site from the Pacific Southwest District of the Lutheran Church-Missouri Synod (LCMS), which had owned the land and …

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Enclaves at College Town

Having completed the first full school year without a major interruption to the traditional classroom setting since March 2020, student housing operators are preparing for a leasing season without COVID-19 uncertainty taking center stage. Given that multifamily technology platform RealPage pegged average U.S. occupancy at a record high of 94.1 percent in the fall of 2021, repeating that performance would signal a continuing strong recovery for the sector. Joe Goodwin, senior vice president of strategic analytics and research with Asset Living, anticipates that this fall’s occupancy rate will rival last …

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Clemson-Student-Village-at-The-Pier

Clemson, S.C. — Core Spaces and Tom Winkopp Development have formed a joint venture to develop Clemson Student Village at The Pier, a 4,000-bed student housing community located on a 140-acre plot near Clemson University. The project is an extension of The Pier, a project that has already added 1,400 beds to Clemson’s student housing supply. Amenities at the new project include athletic and fitness facilities, pools, outdoor grills, student clubhouses, beachfront access to Lake Hartwell and waterfront trails. Once fully constructed, the site will feature “a new downtown locale that …

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Theory-Interlock

Gainesville, Fla. and Atlanta — PeakMade Real Estate and Blue Vista Capital Management have secured construction financing for two student housing projects located in Florida and Georgia. Developments include Theory Gainesville, an 861-bed student housing community located near the University of Florida in Gainesville; and Theory Interlock, a 674-bed student housing community located near the Georgia Institute of Technology in Atlanta’s West Midtown neighborhood. Construction financing for Theory Gainesville was provided by Square Mile and Pacific Western Bank. Construction financing for Theory Interlock was provided by Truist Bank.  Theory Gainesville …

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Annex-Washington-State

Pullman, Wash. — A joint venture between The Annex Group and Eastmark Capital Group has announced The Annex of Pullman, a $47.8 million student housing project located near Washington State University. Construction is currently underway on the development, which is located adjacent to the north side of the university’s campus at 1555 NE Northwood Drive in Pullman. The garden-style project will offer 399 beds in 204 one-, two-, three- and four-bedroom units. Shared amenities are set to include a fitness center, study rooms, a clubhouse, outdoor patio and parking. The …

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  The April 28 webinar “Creating an Inclusive Housing Experience for Students with Technology,” hosted by Student Housing Business and sponsored by StarRez, discussed how students can find success and feel more at home with tech-savvy housing options. Accommodating accessibility needs (including service animal tracking), gender-inclusive housing options and tech for roommate matching were just some of the topics in this brief webinar on how to make the process of student housing more successful for students and operators. Click to hear more about these topics and more: Gender-inclusive housing (and how to promote it …

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Commercial-Street

Tampa, Fla. — Commercial Street Partners has received approval for a 576-bed student housing development near the University of Tampa. The 1.8-acre development site was acquired for $11.5 million and is located at 311 N. Newport Ave. The eight-story development is set to offer 150 units in two-, three-, four- and six-bedroom configurations alongside a 303-stall parking structure. Units will offer bed-to-bath parity. Shared amenities are set to include a state-of-the-art fitness center, third-floor swimming pool facing the university, volleyball court, outdoor lounge space and a rooftop lounge. Sean Baird …

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Element-34

Gainesville, Fla. — RISE: A Real Estate Co. has broken ground on Element 34, a 223-unit student housing community located near the University of Florida campus in Gainesville. The 215,000-square-foot property will offer a mix of one- and two-bedroom, furnished and unfurnished units. Shared amenities are set to include a resort-style swimming pool; outdoor grilling space; a club room and lounge; an outdoor kitchenette; gaming tables; a business center with office pods; study rooms; a fitness center; mail center; 24/7 package concierge services; indoor storage; a bike repair station; pet …

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Parc-View

Richmond, Va. — Pinecrest has broken ground on Parc View at Commonwealth, a 509-bed student housing development serving students attending Virginia Commonwealth University in Richmond. The 275,000-square-foot property will offer a mix of one-, two-, three- and four-bedroom units with bed-to-bath parity. Shared amenities within the 16-story community are set to include study spaces; a two-story parking garage with bike parking; a penthouse-level clubhouse; multi-purpose art studio; zen wellness terrace; outdoor courtyard; and a rooftop deck lounge with grills, fire pits and social seating. The community is scheduled for completion …

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Central-Station

Phoenix — A joint venture between Medistar Corp., GMH Communities and CBRE Investment Management has broken ground on Central Station, a 1 million-square-foot mixed-use development located adjacent to Arizona State University’s Downtown Phoenix campus.  The project is being built through a public-private partnership with the City of Phoenix. Central Station will include a 22-story student housing tower, 33-story multifamily tower, 30,000 square feet of retail space, 70,000 square feet of flexible office space and a 430-stall below-grade parking structure.  The student housing component of the project will offer 655 beds …

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