New Northside Student Housing at The University of Texas at Dallas (UTD)

financial close

The project consists of two four-story buildings, with 20,000 square feet of retail space and a structured parking garage. Building One offers a diverse mix of fully furnished one, two, and three bedroom floor plans that specifically cater to the student tenant base. Building Two is targeted for graduate students, faculty, and other tenants that desire to leave close to the university with a mix of live-work loft units, one and two bedroom floor plans as well as for-rent townhomes. The community includes a generous amenity package, including a resort-style pool and lounge area, 24-hour fitness center, study rooms, 24-hour computer center and coffee bar, and 343-space parking structure as well as additional, secured surface parking. The partnership has a long-term lease with the University of Texas system for 13.3 acres of land located immediately adjacent to existing campus buildings. The project is a Class A, 313 units/595 (Phase I & II) bed, luxury student housing community. This best-in-class, purpose-built, student housing community is located on the UT Dallas campus.

Low