Summary:
- American Campus Communities is developing Crest on University, an 898-bed student housing complex at 12099 University Boulevard, adjacent to the University of Central Florida. The $85 million project began construction in 2025 and targets fall 2027 occupancy, offering a mix of furnished units and wellness-focused amenities.
- This marks American Campus Communities’ second major development at UCF’s main entrance, complementing its existing 1,313-bed Plaza on University complex nearby. The developer operates under Blackstone, which acquired American Campus Communities in 2022 for approximately $13 billion, expanding its footprint in the student housing sector.
- The project addresses a significant housing shortfall at UCF, where over 80% of the 70,674 enrolled students for 2025–2026 must seek off-campus housing. Rising on-campus housing costs have increased demand for private developments like Crest on University, which offers competitive lease terms and extensive recreational and study spaces.
Original article:
https://hoodline.com/2026/08/898-bed-crest-on-university-rises-at-ucf-s-front-door-for-fall-2027/
