Student Housing Business

SEP-OCT 2018

Student Housing Business is the voice of the student housing industry.

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PROJECT PROFILE September/October 2018 80 names. It brings connectivity to the university, tying back to the history and traditions of the University of Florida." Inside the units, Lindsey says large closets and generous kitchens were important. "The kitchens are definitely the heart of these units," she says. "They provide the wow factor. It's rare to get that much kitchen. Most developers would think students don't cook, so they might see the kitchen as a place to cut costs, but 908 Group sees kitchens as gathering spaces. We try to focus on getting a nice, big island that everyone can use together as communal gather- ing space." Wolfe says his team likes to provide surprises in its amenity offerings. A company outing inspired the duckpin bowling. "We usually do golf simulators and rock climbing walls," Wolfe says. "Everybody's searching for something new, so we wanted to go outside the box a little bit." The bowling alley is about half the size of a typical bowling lane, and the game is faster-moving than tradi- tional bowling. "It's been very well received," says Wolfe. "The students have only lived there for a month or so now but everyone is enjoying it." Lindsey says the team paid a lot of attention to its pool and pool deck areas. "The pool is a large, spacious, beautiful amenity," she says. There's never a shortage of options to engage with other residents or to disengage. The community's many notable features include private pool cabanas; a bar/lounge; an enclosed study center; pool volleyball; bar- becue grills; lounge hammocks; a tanning bed and tanning booth; a two-story glass-fronted fitness/yoga studio with fitness on demand; private study rooms with 60-inch touchscreen monitors; a computer station; coffee bar with complimentary Starbucks; community fire pit; corn hole setup; gaming area with a pool table, Ping-Pong and air hockey; a TV lounge with Xbox One and PS4; and a parking garage with a full electronic access system. "I think they did a really good job of blending the full-range of amenities that appeal to young people as well as to older students," Lindsey says. The 908 Group team was attracted to Gainesville because they believed they could bring something new and different to the University of Florida's off-campus purpose- built student housing market. "We liked the market," Wolfe says. "It was well occupied, and we felt it was one of the few major state schools that didn't have a ton of new supply being built or planned there when we started pursuing it. It was a good piece of land at the southeast corner of the univer- sity that fit our product type. We were able to build a four-story wood frame with a precast garage product, which was a more affordable product type than what we're building in other markets. With good land costs and a good site, we thought it was a great piece of land for the Nine's product. We wanted to bring a resort- style community with the top-tier clubhouse, pool deck and luxury unit finishes very close to campus." Wolfe says 908 likes its buildings to be more vibrant and colorful than other products in the market, so Forum Architecture delivered a uniquely colored façade to the project to lend a less traditionally "student housing" look. "I think it's that elegant design that sets this project apart," says Lindsey. "It's an eclectic blend of styles, which to me is very elegant for student housing. There is recognition on 908 Group's part that they are not designing for 'kids.'" SHB Heather James-Wyrick 404-832-8262 R E G I S T R A T I O N & G E N E R A L I N F O : Ryan Nixon 404-832-8262 S P O N S O R S H I P & S P E A K I N G O p p o r t u n i t i e s : Rich Kelley 914-468-0818 i n t e r f a c e c o n f e r e n c e g r o u p . c o m / m f s e 2 0 1 8 N I N T H A N N U A L I N T E R F A C E N OV E M B E R 2 7 ◆ T H E W H I T L E Y, AT L A N TA M U L T I F A M I L Y S O U T H E A S T P R O D U C E D B Y INTERFACE CONFERENCE GROUP A N D FRANCE MEDIA The InterFace Conference Group and Southeast Real Estate Business are pleased to host the 9th annual InterFace Multifamily Southeast information and networking conference on November 27th at The Whitley in Atlanta. The event will be focused on buying, building, operating and financing apartment properties in the Southeast. Panel sessions will cover apartment investment, development, financing, as well as trends in leasing, operations and architecture/design. T h e b i g g e s t m u lt i f a m i ly e v e n t i n t h e s o u t h e a s t i s b a c k ! G O L D S P O N S O R s S I L V E R S P O N S O R S P L A T I N U M S P O N S O R S

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