Off-campus

  The April 7 webinar “O Canada – Canadian Student Housing Investment and Development,” hosted by StudentHousing Business and sponsored by Cloudwifi and Varsity Communities, focused on the changing nature of student accommodations in Canada. Panelists focused on the following topics to explore this quickly expanding market: What are key differences between Canada and the United States for investors and developers? Why are there so few institutional quality assets available to buy in Canada? How are investors and developers finding deals? How will international students impact on- and off-campus housing? How are investors and …

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Fountain-Baton-Rouge

Baton Rouge, La. — Fountain Residential Partners has commenced construction on The Vue on Parker, a 294-bed student housing community located near the Louisiana State University (LSU) campus in Baton Rouge. Located at 348 W. Parker, the project will offer 132 units in a mix of studio through five-bedroom floor plans. All units will be fully furnished and feature bed-to-bath parity. Shared amenities are set to include a swimming pool, clubhouse, strength training and cardio center, and private study rooms. First United Bank and Trust is the construction lender for …

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Carlton-House

Lubbock, Texas — Construction is underway on The Carlton House, a 446-bed student housing project by Treemont Partners near Texas Tech University in Lubbock. The 405,253-square-foot community will offer a mix of one- and two-bedroom units with furniture provided by University Furnishings. Shared amenities are set to include a two-story fitness center with Peloton bikes and Echelon fitness mirrors; two-story study center with private study pods and conference rooms; resort-style swimming pool with cabanas, tanning ledges and a heated plunge pool; fifth-floor penthouse level with a shared kitchen and living …

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  The March 24 webinar “Increase Student Housing NOI & Equity Value with Water-Leak Mitigation Technology,” hosted by Seniors Housing Business and sponsored by Sensor Industries, focused on how monitoring systems and leak sensors can play a key role in reducing water costs, alerting student housing staff to leak issues and conserving water for on- and off- student housing communities. Host David Duckwitz, CEO of Sensor Industries, used case studies to illustrate how network-connected toilet and flood sensors can give insight to water use on a regular basis and can sound the alarm if flooding occurs. …

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Bloomington, Ind. — Aspen Heights Partners is set to break ground on Aspen Heights Bloomington, a 671-bed community located near the Indiana University Bloomington campus.  The four-building property will offer shared amenities including outdoor courtyards, a resort-style swimming pool, state-of-the-art fitness center, resident clubhouse and indoor study areas. Financing for the development was provided by Pacific Western Bank. Aspen Heights is scheduled to break ground on the project this summer with completion expected by fall 2024.  “Now more than ever, we recognized the pent-up demand for quality, Class-A housing in this …

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Rochester, N.Y. — Aptitude Development has broken ground on The Marshall at Rochester, a 494-bed student housing community located near the Rochester Institute of Technology in New York. The six-building property will offer units with bed-to-bath parity. Shared amenities are set to include hot tubs, a resort-style swimming pool, individual and group study areas, an e-sports gaming lounge and a fitness center. The development is being built by Lecesse Construction and is set for completion in summer 2023. Landmark Properties will manage the community upon completion. “The Rochester Institute of …

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Lincoln-UGA

Athens, Ga. — Lincoln Ventures has closed on the development site for 558 West Broad, a 750-bed community located near the University of Georgia campus in Athens. The 600,000-square-foot property will offer 342 units in one- to five-bedroom floor plans.  Shared amenities will include a full-service coffee shop; swimming pool and wellness center; a residential lounge, private study rooms and a study lounge; a fitness center with yoga and spin studios; bike storage; and a pet grooming station.  “Our proximity to the University of Georgia — one of the largest …

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Metropolitan-at-Tampa

Tampa, Fla. — Landmark Properties is set to break ground on The Metropolitan at Tampa, a 760-bed student housing community located within a half-mile of the University of South Florida campus in Tampa. The community will offer studio, one-, two-, three- and four-bedroom, fully furnished units alongside 1,779 square feet of ground-floor retail space. The development site was formerly occupied by a Quality Inn hotel. Located at 2701 E. Fowler Ave., the property will offer shared amenities including a rooftop pool deck, ground floor courtyards, fitness center, 620-space covered parking …

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Main-On-U

Fairfax, Va. — RISE: A Real Estate Co. has broken ground on The Main on University, a 793-bed student housing development located near George Mason University in Fairfax.  The community is part of a larger mixed-use development, One University, which will also include affordable multifamily and seniors housing. The student housing property will offer 317 units with a mix of one-, two- and four-bedroom floor plans. Shared amenities will include study rooms, a putting green and lounge space.  The project, which is scheduled for delivery in fall 2024, boasts a …

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Aspen-Tampa

Tampa, Fla. — Aspen Heights Partners has broken ground on Aspen Heights Tampa, a cottage-style student housing development located near the University of South Florida. The community will offer 67 two- and three-story, cottage- and townhome-style units. Shared amenities will include a state-of-the-art fitness center, resort-style swimming pool, computer and study center, resident lounge, business center and parking. The community is scheduled for completion in fall 2022. “We’ve been seeing a strong demand in the South Florida market, which has become very attractive to incoming students eager to socialize and …

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