Property Overview
Total Beds
465
Student beds across 220 residential units. The project has lower bed count units which are undersupplied, have demonstrated strong rent growth, and overall occupancy, achieving an impressive 7.8% year-over-year increase on average. The project boasts an impressive 81% concentration of smaller units—nearly double that of its closest competitor, underscoring its unique positioning in the market.
Building Size
310,334 SF
Total building square footage including all amenities
Parking Spaces
294
63% parking ratio - highest among competitive properties
Distance to Quad
One Block
Walking distance to main campus quad and academic buildings
Community Amenities
Unit Mix
| Unit Type | Count | Square Feet | Projected Rent |
|---|---|---|---|
| Studio | 73 | 396 | $2,085 |
| 1 BR x 1 BA | 39 | 510 | $2,185 |
| 2 BR x 1 BA | 2 | 699 | $1,214 |
| 2 BR x 2 BA | 30 | 713 | $1,424 |
| 3 BR x 3 BA | 33 | 1,058 | $1,218 |
| 4 BR x 4 BA | 17 | 1,315 | $1,007 |
| 4 BR x 4 BA Premium with Terraces | 9 | 1,316 | $990 |
| 5 BR x 5 BA | 11 | 1,523 | $943 |
| Townhome (5 BR x 5 BA) | 6 | 1,709 | $987 |
Premium Features
All units feature modern finishes, in-unit amenities, and some include private terraces with enhanced outdoor living spaces.
Location Highlights
Engineering Hub
One block from newly built Pennington Engineering Building and Davidson Mathematics & Science Center
Campus Access
Four blocks from the Quad, College of Business, and University Library with easy pedestrian access
Grandfathered Zoning
Secured higher-density entitlements before neighborhood downzoning, creating competitive advantages
Development Timeline
Entitlements Secured
All permits obtained with grandfathered zoning rights
Construction Start
October 2025
Delivery
August 2027
Stabilization
Academic Year 2028-2029
