COLLEGE STATION, TEXAS — Subtext, a student housing and multifamily owner-operator based in St. Louis, has partnered with Larson Capital Management for a two-phase student housing development near Texas A&M University in College Station.
The project will include EVER College Station (176 units, 545 beds) and VERVE College Station (382 units, 1,193 beds), which will be situated across the street from one another in the city’s Northgate Entertainment District, less than two blocks from campus.
EVER will rise seven stories at 401 Stasney St. and include 420 parking spaces, while VERVE will rise 21 stories at 311 Stasney St. and feature 882 parking spaces. The properties will feature layouts ranging from studios to five-bedroom apartments, as well as a combined 55,000 square feet of amenity space (29,000 square feet of indoor and 26,000 square feet of outdoor).
The specific amenity offerings will include open lounges, study rooms, a coffee bar, mini market, fitness center, sauna, meditation rooms, outdoor fitness spaces, multi-sport simulator, indoor/outdoor bar and kitchen. Other amenities will include a resort-style pool with poolside cabanas, a jumbotron TV and a sky lounge with a spa, as well as outdoor grilling stations, fire pits, a dog run and a game lounge with yard games.
“EVER and VERVE College Station offer distinct spaces designed for the many ways students live, study and connect, giving them the freedom to shape their own path,” says Brandt Stiles, founding partner and co-CEO at Subtext. “It’s about meeting students where they are and offering environments that help them make the most of college.”
Subtext and Larson Capital will begin construction on the first phase of the development this summer. The companies plan to deliver EVER in summer 2027 and VERVE in summer 2028.
The design-build team includes architect and interior designer ESG Architecture & Design, MEP engineer Emanuelson-Podas Inc., civil engineer Quiddity, landscape architect Ironwood Design Group, general contractors OHT Partners (EVER) and Hoar Construction (VERVE) and structural engineers Viewtech Structural Consultants Inc. (EVER) and SK&A (VERVE).
College Station has become a hotbed of student housing development activity thanks to Texas A&M, which had an enrollment exceeding 71,000 undergraduate, graduate and doctoral students at its main campus as of fall 2024. Pinecrest recently broke ground on The Penny on College Main (605 beds) and a joint venture between LV Collective and Culpepper Realty Co. began construction on an unnamed project at 313 College Ave. (953 beds).
Subtext has completed $1.6 billion in student housing and multifamily developments. The company’s portfolio spans more than 10,000 beds across 19 properties in 15 markets. The company was selected by Student Housing Business in 2024 as a Top 5 student housing developer.
Larson Capital Management, an alternative capital source and affiliate of St. Louis-based Larson Financial Holdings, has completed more than $2.1 billion in acquisitions and has 4,200 multifamily units delivered or under construction as of March 13, 2025.
— John Nelson