Kennesaw, Ga. — The development is close to KSU’s campus.
Kennesaw, Ga. — Trinitas Ventures has begun constructing anurban townhouse-style project east of Kennesaw State University’s main campus. The Collegiate Towns and Flats is a 274-unit, 736-bed property that will open in August 2013.
The property integrates large-unit designs and townhouse-style apartment features and amenities including a 6,360-square-foot clubhouse containing a recreation area, fitness center, business center and study rooms. Outside, a basketball court, sand volleyball court, pool and hot tub await future residents.
Equity financing has been provided by a joint venture between Trinitas and Harrison Street Real Estate Capital (HSRE). The project is the fifth development for the Trinitas-HSRE partnership and the seventh joint venture.
Construction financing has been provided by PNC Bank.