CA Ventures Delivers Eight Student Housing Communities for 2016/2017 School Year

by Haisten Willis

CHICAGO — CA Student Living, the student housing investment and development division of Chicago-based CA Ventures, has completed eight student housing communities comprising nearly 4,000 beds across the U.S.

Located in eight states, the properties are about 95 percent occupied and represent nearly 10 percent of the 47,700 off-campus student housing beds slated to deliver nationwide in 2016, according to the developer.

Valued at more than $460 million, the new communities boost the size of CA Student Living’s portfolio to $1.5 billion. All offer fully furnished apartments with in-unit laundry and a 1:1 bed-to-bath ratio in most units.

The newly delivered communities include:

  • Uncommon Athens — Uncommon Athens is a five-story building located at 165 E. Dougherty St in Athens, Ga. It is within walking distance to both downtown Athens and the University of Georgia. The property’s 210 beds include a mix of one-, two- and four-bedroom floor plans, and the development contains 10,600 square feet of street-level retail space. Indoor amenities include a 24-hour fitness center, golf simulator, business center, study lounge, group meeting space, club room and coffee bar.
  • Uncommon Charlottesville — Uncommon Charlottesville, a six-story building located at 1000 W. Main St. in Charlottesville, Va., is within walking distance of the University of Virginia. Located between the university campus and downtown Charlottesville, the 122,000-square-foot community includes 357 beds across studio, one-, two-, three- and four-bedroom floor plans. Amenities include a 24-hour fitness facility, golf simulator, pool with sundeck, business center, group meeting room, private study lounges and coffee bar. The property also houses Hardywood Park Craft Brewery and cycling studio Purvelo, which occupy 6,200 square feet of ground-level retail space.
  • Uncommon Madison — Uncommon Madison consists of one 10-story building offering studio, one-, two-, three- and four-bedroom suites totaling 410 beds. Located at 110 N. Bedford St. in Madison, Wis., the community is a short walk to the University of Wisconsin-Madison Memorial Library. On-site amenities include a health and fitness center, business center, coffee bar, club room, outdoor courtyard and grilling stations. Café Social, a locally owned coffee and pastry shop, is located in the lobby.
  • Uncommon Tampa — Situated at 14202 N. 42nd St., six blocks from the University of South Florida campus, Uncommon Tampa is a six-story, 512-bed community offering a mix of two-, three- and four-bedroom suites. Community amenities include a fitness center, business center, coffee bar, multiple lounges, courtyard with grilling stations, pool and sundeck. Bike storage and indoor garage parking are available. The property also includes Felicitous Coffee, a neighborhood coffee and pastry shop in the lobby that is open to the public.
  • HERE Kansas — HERE Kansas includes 624 beds and 15,000 square feet of retail space in Lawrenceville, Kan. The eight-story, 455,000-square-foot, mixed-use complex at 1111 Indiana St. is located along a university shuttle route and is a short walk to the University of Kansas. Indoor amenities include a basketball court, fitness center, coffee bar, club room/arcade, media room and bike storage room. An outdoor amenity deck overlooks Memorial Stadium and features an infinity edge pool, hot tub and cabanas, while a lower deck includes an outdoor theater, yoga lawn, fire pit and grilling stations.
  • NXNW — Located at 800 Viking Circle in Bellingham, Wash., NXNW Bellingham boasts 350,000 square feet of living and amenity space located one mile north of the West Washington University campus. Comprising 13 three-story buildings with 648 beds, the garden-style community offers two- and three-bedroom suites ranging in size from 957 to 1,421 square feet. A 3,000-square-foot clubhouse features a library, study lounge, computer center, 24-hour fitness center, tanning beds, game room and coffee bar. Outside amenities include a fire pit, grilling stations and outdoor chess and table tennis. On-site parking and transportation to campus are also available for residents.
  • The Foundation — The Foundation comprises 10 three-story buildings with a mix of two- and three-bedroom suites, as well as two-story townhouse options, for a total of 725 beds. Located at 3075 Redding Ave. a half-mile south of California State University, Sacramento, the garden-style community offers a pool with television lounge and grilling stations, outdoor volleyball and basketball courts, a 24-hour fitness center, resident lounge and game room, study lounge, computer center, and coffee bar.
  • Evolve Allendale — Located at 4967 Pierce St., Evolve Allendale is a garden-style apartment complex consisting of 10 three-story buildings one mile west of the Grand Valley State University campus in Allendale, Mich. Offering two- and three-bedroom suites, the buildings collectively house a total of 600 beds. Evolve Allendale offers a poolside lounge, fire pit, outdoor basketball and sand volleyball courts, a 24-hour fitness center, computer lounge, study lounge, clubroom and game room.

— Haisten Willis

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