JV to Develop 687-Bed Student Housing Property in Arlington

ARLINGTON, TEXAS — A joint venture between Dallas-based Fountain Residential Partners and HC2 Capital LLC will develop 8FOUR8 Mitchell, a 687-bed student housing property that will be located on West Mitchell Street just west of Cooper Street near the University of Texas at Arlington. The property’s 298 units will consist of a mix of one-, two-, three-, four- and five-bedroom residences. Amenities will include a resort-style pool, a 9,000-square-foot clubhouse with a fitness center and multiple private study rooms. Stuart Roosth Architects designed the property. The general contractor, Temple-based MW Builders Inc., expects to complete the project in time for the fall 2019 semester.