Summary:
- Landmark Properties, in partnership with Manulife Investment Management and Peninsula Investments, has acquired a 3.29-acre site in Auburn, Alabama to develop The Mark Auburn, an 825-bed student housing community set for completion by Fall 2028 near Auburn University’s campus core.
- The mid-rise development will feature 329 units ranging from studios to five-bedroom apartments, with enhanced unit configurations and 31,000 square feet of indoor/outdoor amenities including a rooftop pool, fitness center, and study lounges, designed to meet growing off-campus housing demand.
- This project marks Landmark’s second Auburn development within a build-to-core joint venture with Manulife IM, leveraging a complex land assemblage across two zoning areas to achieve higher density and strengthen their footprint in a high-growth student housing market.
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