Mississippi

OXFORD, MISS. — Development Ventures Group (Deven Group) and Kayne Anderson Real Estate have broken ground on a 755-bed student housing community located within a half-mile of the University of Mississippi’s (Ole Miss) campus. Situated on Anderson Road, the 243-unit property represents the first large-scale student housing project to be built within a mile of the Ole Miss campus since 2018. The design-build team includes BirdDog/Christa Development, Baker Barrios Architects and Montgomery Martin Contractors. BMO Bank is providing an undisclosed amount of construction financing. Set for completion in summer 2027, the unnamed community will span 370,000 square feet and offer one-, two-, three- and four-bedroom units. Amenities will include a resort-style pool with cabanas, jumbotron, beach volleyball court, pickleball court, indoor/outdoor fitness center, sauna, cold plunge, private study areas, sport simulator, a yoga/spin studio, food truck court and a 3,000-square-foot events venue.

OXFORD, MISS. — A public-private partnership between Greystar and the University of Mississippi (Ole Miss) is set to break ground on a 2,700-bed residence hall project on the university’s campus in Oxford. The development will span two sites — one formerly occupied by Kincannon Hall and one on West Row across from the Ole Miss School of Law. The Kincannon site will be home to a 1,200-bed community with parking supported by a new parking garage, which is already under construction. The West Row site will include a 1,500-bed development with a modern dining facility and 1,500-space parking garage. The communities will offer suites and semi-suites and will be constructed in partnership with Modern Living Solutions, Greystar’s modular construction business. Sections of the buildings will be made in the Modern Living Solutions factory in Knox, Pa., and shipped to campus to be assembled onsite. To support economic development and job creation in Mississippi, Ole Miss and its partners have emphasized that over 70 percent of the onsite construction work will be available to local and regional subcontractors. The project is scheduled for completion in 2027.