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Premier Student Housing commercial real estate news, analysis, trends and information for private and public college dormitories, and on- and off-campus university apartments.
The first phase of the $3.5 billion, multi-year project will create a 1.3-acre community park at the corner of 30th and Market Streets to be known as Drexel Square.
The six-story mixed-use student housing development serves as a gateway to the Telegraph Avenue retail district, with 70 modular two-bedroom micro-suites around a central courtyard as well as a separate rooftop gathering area.
Universities often want their new structure to adopt the same style as the existing buildings while still looking like a new facility—a tough task for architects on these projects, Snyder Langston's Jason Rich tells GlobeSt.com.
The financing approved at the LDC's Oct. 19th meeting will be used build a four-story, 80,000-square-foot residence hall, consisting of 300 beds in a suite-style configuration with student common areas and resident advisor accommodations, Westchester County officials stated.
Are ever-improving amenities raising quality-of-life expectations, and are low renewal rates having a dampening impact on the sector? Fred Pierce weighs in with GlobeSt.com on these issues and the SDSU West initiative.
American Campus Communities' plan to acquire a blue-chip student housing portfolio and EdR's hiring of a university partnership veteran augur well for both companies, says Green Street Advisors' Ryan Burke.
Student-housing demand is up as community colleges strategically begin to add affordable on-campus housing options, MVE + Partners' Jeff Larsen tells GlobeSt.com.