Athens, Ga. — Landmark Properties has broken ground on four student housing developments worth $600 million. New projects include Phase II of The Mark at Athens near the University of Georgia; The Standard at College Park near the University of Maryland; Legacy at The Standard near the University of Florida; and The Retreat at Kennesaw near Kennesaw State University.
Phase II of The Mark at Athens is located adjacent to the University of Georgia campus and will offer studio, one-, two-, three-, four- and five-bedroom units alongside 19,000 square feet of ground floor retail space. The project is set for completion in fall 2022.
The Standard at College Park will offer 951 beds in studio, one-, two-, three-, four- and five-bedroom units. Community amenities will include a fitness center, sauna, computer lab and study lounge. The development is slated for completion in fall 2023.
Legacy at The Standard is located three blocks north of the University of Florida’s campus and will offer 155 units totaling 543 beds. The community is scheduled for delivery in fall 2022 and will feature shared amenities including an outdoor pool and grilling area, a study lounge and café, computer lab and a gaming lounge.
The Retreat at Kennesaw is a cottage-style development set to offer 681 beds near Kennesaw State University’s main campus. The community is scheduled for completion in fall 2021.
“Even as many colleges and universities have increased focus on distant learning and de-densified on-campus residence halls, we’ve seen time and again that most students strongly prefer living near campus and claiming their independence as they pursue their educational degrees,” say Wes Rogers, president and CEO of the Athens, Georgia-based company. “With eight new starts and five deliveries in 2020, we’re proud to be bringing an unsurpassed college living experience and high-quality housing options to more students across the country.”
Since the beginning of 2020, Landmark has announced plans for eight new student housing developments totaling more than 5,600 beds and $1.4 billion.