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EdR Grows on On-Campus Housing, Opens First Phase at NMU

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Shutterstock photo Education Realty Trust (EDR), commonly known as EdR, is making every effort to leverage on the soaring demand for on- campus development of universities. Recently, the company opened the first phase of its ONE Plan on- campus replacement housing at the Northern Michigan University (NMU). This development, named The Woods in Marquette, MI, has 417 beds in a living-learning community. The property boasts ample amenities , including Internet and Wi-Fi, classrooms, study rooms, TV lounges and laundry facilities. The entire $75.4- million project is, however, slated for final delivery in 2018. The development will include 1,229 beds. EdR is leasing the land from the university, and the project will be funded through EdR's On Campus Equity Plan - The ONE Plan. The plan helps in funding projects on university land with this student housing REIT 's equity and financial flexibility. On the other hand, such partnerships allow the university...

University Place apartments on the rise, office building next | Orem News

OREM -- If you think you've been hearing about the University Mall development becoming a major development called University Place for a long time, you're right. As early as April 2013, members of the Orem City Council and department heads were informed of preliminary discussions on the development and were asked to sign non-disclosure statements. All the council members except Brent Sumner signed the agreements. It wasn't until the cat was let out of the bag at the Utah Valley Chamber of Commerce Executive Summit in September 2013 that people finally got an idea of what was in the works. At that summit, Coldwell Banker executive agent Brandon Fugal announced University Mall would undergo a huge transformation, introducing its own business park and housing developments along with additional retail expansion . "It will be Utah County's equivalent of City Creek," said Fugal at the time, comparing the Orem project to the redeveloped mall in downtown Sal...

Editorial: The human cost of housing scarcity

Palo Alto Jane Huang, 29 Huang moved to Palo Alto with her parents at the age of four. She attended local high schools and Stanford University. Yet despite her hard work, the Palo Alto housing market is too challenging for her to foresee a future in her hometown. “I went to Stanford, I work as a software developer, I make a six-figure income, and I still have to live with three roommates,” Huang said. “What more can I do?” Huang isn’t worried about not being able to pay her rent, but she is worried about doing anything that might upset her landlord. “Landlords have a lot more power here than they used to,” she said. “They know how impossible it would be for their renters to find anything else locally.” While her concerns for herself are real and serious — “With the current housing market , I’m afraid I’ll have to live with roommates for the rest of my life” — she’s equally concerned about what the housing market means for the many Palo Altans who weren’t fortunate enough t...

Park Square adds 110-room hotel pad and fitness center to UCF-area retail site

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Park Square Enterprises  will announce a national fitness center anchor tenant this week that has been the catalyst for a complete re-envisioning of its plans for Park Square Plaza near UCF. When Park Square Homes CEO Suresh Gupta purchased the 12.5-acre site on the 12000 block East Colonial Dr . in 2016, he planned to develop retail  along the highway frontage and pursue rezoning for multifamily use. The college campus has attracted several multifamily developments recently, including the Core Spaces student housing development  and a second complex by Catalyst Development Partners that will mirror its  popular EOS Apartments .  Park Square had initially planned to seek rezoning for a 250- unit apartment complex .  Ali Mushtaq, senior adviser for SVN, told GrowthSpotter on Monday the developers were approached by a national gym tenant with a strong interest in locating there. The Guptas scrapped the apartments and filed a new retail- focused site plan last week with the St. ...

Five big projects in Tampa; five big problems looming

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The city of Tampa is on the cusp of a total makeover. With billions of dollars in investment and dozens of new apartment, condo, office and cultural buildings in the pipeline, the city's skyline and surrounding communities are poised to look a whole lot different than what it does today. But dreaming up the future of Tampa doesn't come without its challenges. For all the promises of a new urban core filled with hotels, parks, food halls and stores, there are also potential pitfalls. The Tampa Bay Times identified the five key obstacles that stand in the way of some of the biggest projects proposed in Hillsborough County . Many of these challenges are ones local politicians and business leaders have been fighting for years to find a solution. Others are fairly new territory, but still pose a real threat to the region's continued growth. [LOREN ELLIOTT | Times] A construction site is seen just north of Amalie Arena in downtown Tampa , Fla., on Monday, May 1, 2017. Curr...

FOX 40 WICZ TV - News, Sports, Weather, Contests & More

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BINGHAMTON, N.Y. - Wednesday is the first day of school for thousands of Binghamton University students . Some will live in dorms on campus or downtown and others will live in the brand new U Club town homes and apartments. The over 230,000 square foot community is located in the Vestal Plaza and holds 140 fully furnished units which house 562 beds. The buildings contain study centers, a fitness center, hot tubs, BBQ pits, a golf simulator and easy transportation to campus. Students say it’s these qualities and more that drew them to choose U Club. Amanda Sayger, a Junior at Binghamton University who lived in dorms in the past said, “I really like the location, because it's really close to all the food place which is easy access. Also it's five minutes away from campus, I do have my car but I don't want to have to drive a lot and they have the shuttle buses which takes you back and forth to campus, so that's really convenient and they run every half hour.” Along wit...

The Carrington at Lincolnwood Opens Models and New Life Opportunities

“We are excited to participate in an innovative approach to re-defining the senior community into a desirable destination for a full and active lifestyle ,” said Glenn Seerup, principal at Jensen and Halstead Architects , in reference to The Carrington at Lincolnwood opening late this year. Joining Jensen and Halstead, the oldest architecture firm in the Chicagoland area, on The Carrington project are developer South Bay Partners , manager Life Care Services and Charles Hall Construction . Model residences are now open, and “The First Keys Club” perks for first depositors include a $1,500 credit toward moving expenses, a house-warming reception, guaranteed rental rates for the first two years of residency, referral rewards and several additional benefits . “There is no better time than now to visit our beautiful models and see all that is available to older adults within and right outside The Carrington community,” said Sue Simek, director of sales and marketing at Life Care Servic...

Not a typical affordable-housing community, Las Brisas finds success through its enrichment programs and police presence

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Las Brisas affordable -housing community contains approximately 160 rental units , varying in size and number of bedrooms.</strong>" title="Las Brisas 1" width="400" height="300" class="size-full wp-image-16158" /> Cory Bilicko/Signal Tribune Signal Hill’s Las Brisas affordable -housing community contains approximately 160 rental units , varying in size and number of bedrooms. Nick Diamantides Staff Writer Approximately five years after the completion of the Las Brisas affordable -housing community in Signal Hill, programs offered at the site are still succeeding in improving the lives of the people who live there. The project was developed in two phases under the auspices of Los Angeles- based Abode Communities with funding from the now- defunct Signal Hill Redevelopment Agency , as well as financial assistance from other public and private sector entities . According to Robin Hughes, president of Abode Communities , Las Brisas c...

Crosswinds Apartments fined $46,200 for removing trees - News - Wilmington Star News

By Gareth McGrath, Staff Writer A small sign at the entrance to the Crosswinds Apartments says "Newly Renovated." But it's doubtful the sign refers to the nearly three-tenths of a mile of trees that have been cut down and shrubs that have been ripped up along St. Andrews Drive. The landscaping work has increased the visibility of the apartments. It also has raised the ire of Wilmington officials who have slapped the complex's owner with a $200 fine for each tree allegedly removed illegally . With 231 trees cut down, the fine totals $46,200. That's the largest penalty for illegal tree removal levied by the city that anyone interviewed can remember. "It certainly is a significant amount," said City Attorney Tom Pollard . Pausing from her daily walk with Aspen, her yellow Labrador, Jessica Groome stared at the dozens of ankle- and knee- high stumps stretching nearly a block and shook her head. "It's ugly, and that's a shame because it us...

24 TVs stolen from Jonesboro apartment complex - KAIT Jonesboro, AR

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(Source: KAIT) (Source: KAIT) (Source: KAIT) JONESBORO, AR (KAIT) - As more and more college students move back to Jonesboro for the new school year, one apartment complex near campus discovered a big theft as people moved in. The theft was reported Friday at an apartment complex in the 2500-block on East Johnson Avenue on Friday. The address belongs to the newly- constructed Stadium View Apartments . According to a Jonesboro Police Department incident report , the development manager said 24 televisions had been stolen from 24 separate apartment units in two buildings. All the apartments were unoccupied. The manager told officers that the TVs were installed two weeks ago and he noticed they were missing on Friday. He said the crooks stole Insignia Roku 43- inch Smart TVs . He placed their value at $12,000. According to the report, the apartments were left unlocked at the complex which did not have video cameras. Police do not have any suspects in this case. Anyone with informa...