Memphis, Tenn. — The Annex Group has broken ground on a new, 542-bed student housing community at the University of Memphis. Situated within the Park Avenue Campus, the property will feature studio, two- and four-bedroom units, as well as study spaces, social spaces, outdoor living areas and grab-and-go dining options. The opening is scheduled for fall 2026. This marks The Annex Group’s second student housing community in the Memphis market.
Tennessee
Knoxville, Tenn. — A joint venture between Core Spaces and Schenk Realty has announced plans for an 800-bed student housing development located near the University of Tennessee campus in Knoxville. Located at 1801 Cumberland Ave., the community will rise seven stories and offer 215 units in studio through five-bedroom configurations. Shared amenities will include a rooftop swimming pool, hot tub and sun deck, as well as ground floor retail. Construction on the project is set to begin in spring 2025. The joint venture partnership is currently developing Hub Knoxville, a 2,000-bed development …
Subtext Breaks Ground on 498-Bed Student Housing Property Near the University of Tennessee
Knoxville, Tenn. — Subtext has broken ground on VERVE Knoxville, a 498-bed student housing development located at 1919 Lake Ave. near the University of Tennessee campus in Knoxville. The community will span 329,294 square feet, including nine floors of residential space and a five-level parking garage. The development will offer 136 fully furnished units in one-, two-, three- and four-bedroom configurations. Shared amenities will include a wellness suite with sauna and meditation rooms; state-of-the-art fitness center and yoga studio; study pods and open study lounges; a pool terrace; and rooftop deck …
Juneau Construction Tops Out 1,600-Bed Student Housing Project Near University of Tennessee
Knoxville, Tenn. — Juneau Construction has topped out Hub Knoxville, a student housing development near the University of Tennessee that will comprise two 10-story towers and a seven-story building. The co-developers, Core Spaces and Schenk Realty Group, broke ground on the project in February 2023 and secured $233 million in construction financing last summer. Upon completion, the 1,600-bed community will feature 30,000 square feet of retail space, 23,000 square feet of indoor amenities and a 19,000-square-foot rooftop terrace that features a pool, basketball court and hot tub. The design-build team …
Cobblestone Development Plans 719-Bed Student Housing Community Near Tennessee State University
Nashville, Tenn. — Cobblestone Development & Consulting has announced plans for a 719-bed student housing community located across from the Tennessee State University campus in Nashville. The Industrial Development Board has approved the issuance of $180 million in bond financing for construction of the community, dubbed Cobblestone Village Residence, which will feature two buildings offering 155 units. The 280,000-square-foot development will offer units in three-, four- and five-bedroom configurations. Construction is expected to begin in June with completion planned for fall 2026. The development team for the project includes Lamar Johnson …
Villas Student Housing, Student Quarters Break Ground on 605-Bed Community Near University of Tennessee
Knoxville, Tenn. — A partnership between Villas Student Housing and Student Quarters has broken ground on a 605-bed student housing development across from the University of Tennessee campus in Knoxville. The 235,000-square-foot community will be located at the intersection of 1425 Rocky Shore Lane and 1440 Cityview Lane. The property will offer units in studio through five-bedroom configurations across two six-story buildings. Shared amenities will include a resort-style swimming pool, basketball court, state-of-the-art fitness center and study spaces. The design-build team for the project includes Rhode Partners, Southern Building Group, …
Knoxville, Tenn. — A public-private partnership between the University of Tennessee and RISE: A Real Estate Co. has broken ground on two residence halls expected to open on the university’s Knoxville campus in fall 2025. The two communities will add approximately 1,950 beds to the university’s housing inventory, which currently totals 8,500 beds. The first development will be located at the intersection of Andy Holt Avenue and 20th Street and will offer 788 beds throughout a seven-story building. The second, two-building residence hall will offer 1,166 beds between Caledonia and …
Public-Private Partnership to Develop 540-Bed Residence Hall at the University of 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 …
Capstone Real Estate Sells Former Student Housing Community Near Middle Tennessee State
Murfreesboro, Tenn. — Capstone Real Estate Investment (CREI) has sold Landmark Apartments, a 264-unit community located near the Middle Tennessee State University campus in Murfreesboro. The property was acquired as a student housing project by the company in 2020 and underwent significant renovation, including the transformation of the community into traditional multifamily. Landmark Apartments offers one-, two- and three-bedroom units. The buyer in the transaction was not disclosed.
Joint Venture Receives $233.3 Million Construction Financing for Hub Knoxville Student Housing Project Near University of Tennessee
Knoxville, Tenn. — Core Spaces, Schenk Realty and Kayne Anderson Real Estate have received $233.3 million in financing for the construction of Hub Knoxville, a 2,000-bed student housing community in downtown Knoxville adjacent to the University of Tennessee campus. According to the development team, this project would be the largest student housing development in Knoxville’s history. Hub Knoxville comprises 600 units across three towers, including two 10-story buildings and one seven-story building. Units come in studio through five-bedroom layouts. The project will also include an estimated 30,000 square feet of …