Landmark Properties, Inc.’s Post

Property Development News Around San Diego: Two huge projects are coming to the UCSD campus. The first is UCSD's Pepper Canyon West Student Housing which will be a 580,000-square-foot student residential complex with two buildings accommodating more than 1,300 beds. It features single-occupancy rooms in two 22- and 23-story towers connected to five-story buildings with outdoor terrace seating.  The development spans six acres in the center of campus and features a unique courtyard for each building, elevated student amenity spaces, and retail spaces. This project is just steps away from the Blue Line Trolley stop here on the UCSD campus. The project is expected to open this fall (2024). The second project is the Triton Center complex - a $428 million project composed of four buildings that will house everything from student health services to an alumni and welcome center. One of the buildings will include a 500-person event space and an art gallery. There will also be a mix of retail and restaurant spaces; and a parking structure. Completion is slated for 2026. I'd love to hear your thoughts on this new this property development - Will this help the student housing shortage? Will it be good for the area? Your opinion is valuable, so please feel free to post a comment and share your views! . . . . #ChicagoTitle #CommunityUpdate #AroundSanDiego #PropertyDevelopmentNews #RealEstateNews #StrategicBusinessPartner #SanDiegoDevelopments #UCSD #StudentHousing

I see a few issues: 1. Many colleges are requiring students to live in campus housing for their first two years attending the school. That will lower the pool of potential renters. 2. I find very few people who believe that college is affordable. Even though these new housing options look to house many students (so the cost per person is lower), I don't believe that these spaces will be more affordable than campus housing, individual houses, or apartments. If you are building and managing these housing options, I can guarantee that nobody will consider them affordable. 3. These are being built for the rich and will be very exclusive - like a country club.

One of Vancouver’s largest and most interesting new real estate proposals comes not from a typical development company, but a school, reported The Vancouver Sun. Vancouver Community College (VCC), which has a century-long history as an educational institution, is eyeing its first residential real estate venture — and it’s a big one. The first phase of VCC’s planned redevelopment of its east Vancouver property was the subject of a press conference last week, where B.C. Premier David Eby appeared on the campus announcing spending on a new building." "That project, also the subject of a report going to Vancouver council next week, is touted as an exciting future hub for clean-energy technology education. But it is also only one early — albeit crucial — piece of VCC’s much larger vision for the rest of the campus, which covers about three city blocks. Vancouver Community College president Ajay Patel said the province’s commitment of $271 million toward VCC’s new Centre for Clean Energy and Automotive Innovation — 93 per cent of the total $291 million capital cost — enables the college to move forward with the next, larger part of its plan, which includes both new educational space and a series of residential towers of up to 25 storeys that could include more than 3,300 homes. https://lnkd.in/g8uG8_Xj #vancouver #development #mixeduse #residential #education

Wentworth Institute of Technology recently announced a comprehensive redevelopment plan for its 31-acre campus in Mission Hill and Fenway. The plan aims to modernize and expand its facilities over the next decade. The project includes the construction of 3 new residence halls (adding 935 net new beds), development of a new quad, an athletics field house, and a welcome center. The plan also features new homes for the schools of architecture and design, engineering, and management. These initiatives are part of an ambitious institutional master plan submitted to the Boston Planning & Development Agency that reflects Wentworth's commitment to enhancing its campus environment for learning, community building, and accommodating the anticipated growth in student population. The proposal emphasizes the transformation of parking lots into green spaces and does not include the construction of new parking facilities, aligning with the university's vision for a more sustainable and less car-dependent future. #wentworth #bostonrealestate #bostondevelopment #bpda https://lnkd.in/e_VAY6wR

"826-Bed USC Student Housing Project at Landmark Building" Read the full article below..

The future is here

University of Cincinnati Board of Trustees advances $100M student-housing development - The board voted unanimously to approve $15 million to fund the design of the project in partnership with the Clifton Heights Community Urban Redevelopment Corporation (CHCURC). The project is expected to cost $100 million in total, according to a request for qualifications (RFQ) document the university submitted in December 2022. Construction is expected to begin in 2024 and be complete by fall 2026. “The planned development in the Clifton Heights neighborhood will be a gateway to our campus from the southeast and will provide 1,200 more beds for our students,” Pat Kowalski, senior vice president of administration and finance at UC, told the board. The sites sit between Calhoun and McMillan streets west of Vine Street and east of Ohio Avenue. The first site, “Block 1,” is the large, vacant slope of land on the west side of Scioto Lane. The second site, “Block 2,” comprises part of the block east of Scioto Lane. The early designs show four residence halls above structured parking with a built-in gym and half basketball court in the easternmost building.  UC is desperately in need of more student housing as its record-breaking enrollment continues to grow and more students desire to live on or near campus. The university projects demand for student housing is expected to rise by 25% through 2030. UC is also moving forward with the Bellevue Gardens redevelopment that could add 450 beds at the corner of Martin Luther King Drive East, Eden Avenue and Gerard Steer in Corryville. The university selected Ratio Design of that project as well, according to state records. https://lnkd.in/dVx98Ji5 #cincinnati #nky #apartments #studenthousing #universityofcincinnati #students #housingdevelopment #construction #cre #commercialrealestate #UC #mixeduse

If a large university sees the value of owning more student housing (to the point of buying more within proximity), it means that schools see the value of the added profit potential. This should be a signal to investors that the student housing opportunity continues to grow. Some college and universities have a need for more, and, of course, my team and I would be happy to provide exclusive and extensive market research for you and your team. In addition, we have student housing solutions ranging from "nearby" cottage homes to modular construction which can be completed in any weather and be fully sustainable. Let me know when you are ready to plan a revenue increase! https://lnkd.in/gR5P9jv6 #StudentHousing #universities #housing #SustainableHousing #sustainable #UCLA #LosAngeles #Westwood #RealEstateInvesting #RealEstate #firstin

Navigating Off-Campus Housing? Here's What to Consider! Student housing at the University of Delaware has been a topic of interest for Newark officials for quite some time. Back in 2014, the city conducted a rental needs study, revealing a growing demand for approximately 50 additional apartment units annually to meet the needs of the community. With the University's student population steadily rising and on-campus housing options dwindling, private off-campus developers have stepped in to bridge the gap.   While this shift necessitates additional research and planning from students and their families, resources like the University of Delaware Housing, Sublets & Roommates Facebook page exemplify the supportive nature of the UD community in navigating this aspect of the college experience.   Venturing into the realm of off-campus housing can feel like diving into the unknown, but fear not! Let Lang break it down and make it a bit less daunting. Here's a comprehensive look at the key factors to consider as you embark on your housing hunt:   Group Size: Before diving headfirst  into your search, take stock of how many roommates you'll be living with. This crucial piece of information will help narrow down your options and ensure you're considering properties that comfortably accommodate your group. Number of Bedrooms/Bathrooms: Once you’ve got your group size confirmed, it’s time to think about your living preferences. Does everyone in your group desire their own private bedroom, or are you open to sharing? Some .... For complete article, click https://lnkd.in/eFaadxrP