Development

Syracuse

Syracuse, N.Y. — Syracuse University has announced plans to develop two new residence halls after a comprehensive three-year housing review. The first community will be developed at 700 Ostrom Ave. and will offer 450 beds upon completion. An undisclosed architect has been selected for the project with construction expected to begin this year. Further details on the development were not disclosed. The university congruently announced plans to demolish Marion Hall, Kimmel Hall and an existing dining enter on the corner of Comstock and Waverly avenues to make way for a …

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UCSB-San-Benito

Santa Barbara, Calif. — The University of California (UC) Santa Barbara has announced plans to develop new residence halls offering a total of 3,500 beds through 2029. The first phase of the two-part project will include a 2,250-bed development dubbed San Benito. The project will be developed on a five-acre site between Mesa Road and Stadium Road, which formerly housed offices for the university’s facilities management, transportation and parking services. The community will include a number of multi-story buildings offering mostly four-bedroom apartments with a mix of some single- and …

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Lapis

Miami — A joint venture between Toll Brothers Campus Living and CanAm Capital Partners has completed Lapis, a 1,086-bed student housing development located adjacent to the Florida International University campus in Miami. The 20-story community spans more than 763,500 square feet and offers units in one-, two-, three-, four- and five-bedroom configurations. Shared amenities include a club room, indoor-outdoor fitness center, saltwater swimming pool, coffee bar, private study and group meeting rooms and a rooftop amenity deck with a Jumbotron and grilling stations. The design team for the development included …

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Georgia-Ave

Statesboro, Ga. — Rael Development Corp. has broken ground on Charme on Georgia Ave., a 694-bed student housing project located near the Georgia Southern University campus in Statesboro. The mid-rise development will offer 291 units in studio, one-, two- and four-bedroom configurations. Shared amenities will include a rooftop resort-style swimming pool, state-of-the-art fitness center, cafe, study/library space, billiards and gaming areas. The community is scheduled for completion in fall 2025. 

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The-Marshall-Tempe

Tempe, Ariz. — Aptitude Development has broken ground on The Marshall Tempe, a 485-bed student housing community near the Arizona State University (ASU) campus in Tempe.  Situated at 1031 E. Apache Blvd. in the University Heights neighborhood, The Marshall Tempe is located approximately 1.3 miles from the university’s registrar office, 1.5 miles from the ASU Art Museum and one mile from the Sun Devil campus store. The Marshall Tempe is slated for completion prior to the fall 2026 semester. Planned amenities include a swimming pool, cold plunge, sauna, study lounges …

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LV-Maryland

College Park, Md. — LV Collective has announced plans to develop a 299-unit student housing development at 8133 Baltimore Ave. near the University of Maryland campus in the Lakeland neighborhood of College Park. The property is set to include 13,000 square feet of retail space, alongside a ground-level coffee shop and second-floor co-working space. The project will also feature a community center developed in collaboration with the Lakeland Civic Association and the Lakeland Community Heritage Project. The space will include a library and large flexible space for functions including presentations, …

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Florida-Poly-Development

Lakeland, Fla. — Construction is underway on a 430-bed residence hall project located at Florida Polytechnic University in Lakeland. The community is being developed through a public-private partnership with Capstone Development Partners. A topping out ceremony for the project was held on Feb. 13. The 137,000-square-foot development will offer one-, two- and four-bedroom units, alongside shared amenities including lounge and study space, a large multi-purpose room, offices and an interior courtyard. The five-story project is expected for delivery in fall 2024. The $42 million development is being financed through tax-exempt …

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USC-Rendering-Landmark-Properties

Los Angeles — Landmark Properties has broken ground on The Standard at Los Angeles, a 1,284-bed student housing community located a few blocks south of the University of Southern California (USC) campus. The mid-rise apartment building will include the construction of 1,236 beds across 429 units, as well as the renovation of five existing townhomes that will comprise 48 beds. Landmark Construction, the in-house general contractor for Landmark Properties, is managing construction. The property is slated to open in August 2026. Situated at the east side of the 160-acre Exposition Park, …

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Annex-Memphis

In a way, the dynamics of public-private partnerships (P3s) are the same as they’ve always been.  “The reasons why universities elect to go the P3 route haven’t changed much,” says Michael Baird, managing director of municipal finance for RBC Capital Markets. “For many, the decision is made based on speed to market. This happens when other alternatives can take years — resulting in an opportunity cost of not being able to provide housing to students that need housing now, in addition to increased development expenses as construction costs continue to increase year …

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Academe-198_San-Francisco_Exterior

San Francisco — Greystar has delivered Academe at 198, a $282 million student housing property in downtown San Francisco. Located at 198 McAllister St. in the city’s Civic Center district, the mixed-use property is Phase I of the Academic Village expansion at UC Law San Francisco, formerly known as UC Hastings College of the Law. Academe at 198 spans 14 stories and features 656 units (667 beds) for students at UC Law SF, as well as faculty and staff. The property website also says students from nearby University of California San …

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