US & Canada

A Chicago-based developer of student housing has submitted a redevelopment plan for the former Summit on 16th United Methodist Church at 82 E. 16th St. The plan, which will be heard by the University Impact District Review Board (UIDRB) on July 27, calls for a seven-story, 229-unit building with a 178-space parking garage.

Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced the successful recapitalization of the 598-bed Collective at Clemson in S.C., its second such announcement in the past month.

Balfour Beatty Campus Solutions, a leading developer and operator of infrastructure projects for the college and university market, is pleased to announce it has reached financial close on a public-private partnership (P3) project to deliver new on-campus student housing at William & Mary in Virginia.

Athens, Ga.-based Landmark Properties has acquired The Lodges at 777, a student housing community located in Baton Rouge, roughly two miles from Louisiana State University (LSU). Constructed in 2011, the property comprises 1,290 beds across 382 units.

Chicago-based developer Core Spaces proposed the construction of a 12-story, 232-unit market-rate apartment building dubbed “Johnson and Bassett” at 221 N. Bassett St., 430-444 W. Dayton St. and 437-445 W. Johnson St.

JLL Capital Markets announced that it arranged the capitalization of USC Expo, a 57-unit / 260-bed USC student housing development located less than a half-block from the campus of the University of Southern California (USC) in Los Angeles.

The second phase of a popular apartment complex on the Washington State University Tri-Cities campus in Richland is expected to open in about 14 months.

A set of abandoned 19th century buildings on the sprawling mountaintop Royal Victoria Hospital property are being earmarked for transformation into about 1,000 student residences for students from the many schools in Montreal.

Developers are looking to build a residence for post-secondary students, ranging between six and 11 storeys in height with 532 units and a total of 1,149 bedrooms. There are also plans for a 90-square-metre café on the ground floor.

Along Railroad Avenue, a wave of new student housing developments may be coming to the Gaines Street area that will transform it into an urban district.