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 Collaborative and AECOM Hunt. Mesirow Financial acted as underwriter in placing bond financing for the project. Cardinal Group has been tapped to manage the community upon completion.