Summary:
- Landmark Properties and Manulife Investment Management have launched construction of The Metropolitan on South U, a 259-unit student housing community adjacent to the University of Michigan campus in Ann Arbor, marking their sixth build-to-core joint venture with Manulife’s Infrastructure Fund.
- The project, designed by Myefski Architects and built by Landmark Construction, will offer fully furnished residences with premium finishes and amenities including a clubhouse, fitness center, resort-style pool, rooftop lounge, and 5,000 square feet of ground-floor retail space.
- Peninsula Investments joins the partnership, expanding its portfolio within Landmark’s student housing platform, which manages 72,000 beds across 115 communities and maintains a $10 billion development pipeline focused on high-quality residential assets.
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