Development

Annex-Memphis

Memphis, Tenn. — A public-private partnership between The Annex Group and the University of Memphis has announced plans to develop a 540-bed residence hall on the university’s campus in Tennessee. The community will offer a mix of studio, two- and four-bedroom units alongside 300 parking spaces. The property will target occupation by student athletes. Shared amenities will include study space, social gathering areas, outdoor living space and grab-and-go dining options. The community will be part of the university’s Park Avenue Campus development, which will include Tiger Park, an academic and …

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Standard-at-Boulder-Boulder-CO

Boulder, Colo. — Landmark Properties has acquired a 15-acre site at 1345 28th St. near the University of Colorado Boulder in Boulder. The firm plans to construct The Standard at Boulder, a 936-bed student housing community, on the site. The project caps off approximately $700 million in year-end transactions for Landmark in 2023. The 447,000-square-foot building will include 303 student apartments. Landmark expects to begin abatement and demolition of the vacant building on the site, former home to the Harvest House Hotel, early this year. Landmark Construction, the construction arm …

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Miss-State-Res-Hall

Starkville, Miss. — Mississippi State University has announced plans for an $80 million residence hall development on its campus in Starkville. The five-story community will span 155,000 square feet and offer 400 beds. The development is also set to include a dining hall, offices, a storm shelter and shared amenity spaces. The development team for the project includes Roy Anderson Corp. and Wier Boerner Allin Architecture. Construction is expected to begin in February with completion scheduled for spring 2025. 

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Harrison-Street-Ontario

Vancouver and Victoria, British Columbia — Harrison Street has acquired two student housing communities in Vancouver and Victoria, British Columbia. Acquisitions include a 283-bed development targeting students attending Simon Fraser University (SFU) and young professionals in Vancouver; and The Shelley, a boutique community located near the University of Victoria. The community near SFU is being developed through a partnership with Rize and is expected for completion in 2026. The property will offer three- and four-bedroom units. 

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Bixby-College

It would be impossible to write a development or design article without mentioning the elephant in the room — the state of the capital markets and the current hurdles in securing financing of any sort, but especially for new development projects. While demand for new communities exists in many markets, getting projects to pencil is the tricky part. For those developments that can move forward, innovative architecture and design are being employed to make the projects as functional and efficient as possible. Out are some of the flashier amenities from …

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Treo-Group

Miami — The Treo Group has broken ground on VOX Miami Phase II, a 13-story student housing development located adjacent to the South Miami Metrorail station near the University of Miami campus. The project will offer 400 beds in 163 units, alongside 10,000 square feet of ground floor retail space. Together with Phase I of the development, the community will offer 726 beds and 15,000 square feet of retail space. Further details on the project were not provided. The development team includes FirstBank Florida, ABANCA USA, MODIS Architects, MOSS & …

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UCR

Riverside, Calif. — McCarthy Building Cos. has broken ground on the $285 million North District Phase II student housing development at University of California, Riverside (UCR). The intersegmental projects, one of the first of its kind in California, will house students from UCR and Riverside Community College District (RCCD). The 424,000-square-foot project will feature 429 single- and double-occupancy apartment-style units ranging from one to four bedrooms complete with kitchen/living room spaces, high-speed Wi-Fi, air conditioning and designated study areas. Additionally, the community will feature a café/market, recreation fields and a central …

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Michigan-Tech-University-Rozsa

Houghton, Mich. — A public-private partnership between RISE: A Real Estate Co. and Michigan Technological University has announced plans to develop East Hall on the university’s campus in Houghton. The 516-bed project will be located at the university’s east entrance and will be targeting LEED Silver certification upon completion. The residence hall will offer semi-private suites in single- and double-occupancy configurations with bathrooms in each unit. Shared amenities will include study areas, community lounges, a gaming room, laundry services at no additional cost, communal kitchens on each floor, a fitness …

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ACC-UMich

Ann Arbor, Mich. — American Campus Communities (ACC) is underway on the development of a $631 million student housing project at the University of Michigan in Ann Arbor. Plans call for a new residential community with five residence halls totaling 2,300 beds and a 900-seat dining facility, the largest of its kind among academic institutions, according to ACC. The university engaged ACC in a public-private partnership to lead the development of the project, which is situated on Central Campus between East Hoover Avenue and Hill Street. RAMSA is serving as …

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Venue-North-Campus

Tampa, Fla. — A joint venture between CBRE Investment Management and GMH Communities has announced plans to begin renovations at Venue at North Campus, a 734-bed community located near the University of South Florida in Tampa. Dallas-based Premier will spearhead the renovations, which are expected to begin early next year. Enhancements to the property will include the addition of new appliances, countertops, cabinets, furniture, paint and fixtures; refreshments to the pool area; the addition of a jumbotron; updates to the community’s dog park; and the integration of a dedicated space …

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