Student Housing Business

MAR-APR 2018

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

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TOP DEVELOPERS March/April 2018 86 staff near Northern Arizona Univer- sity; Hub On Campus Tuscaloosa near the University of Alabama; and Hub On Campus Orlando, serving students at the University of Central Florida in Orlando. Coming in sixth is Memphis, Ten- nessee-based EdR. The company has a development pipeline of 17 projects totaling 10,784 beds. Planned devel- opments and those currently under- way include Hale Mahana, a 599-bed student housing community currently under construction near the University of Hawaii Manoa; Maplewood Apart- ments, an 872-bed community tailored towards graduate and professional students on the campus of Cornell University in Ithaca, New York; and a 656-bed on-campus, mixed-use devel- opment at Mississippi State University in Starkville. Seventh in our ranking is New York City-based Park7 Group, with 10,562 beds underway through fall 2021. The company has 16 projects planned across the country. Ranking eighth is Austin, Texas-based Aspen Heights Partners, which has 17 projects planned totaling 9,900 beds. Developments underway include Aspen West Campus, a 464- bed student housing high-rise located near the University of Texas at Austin. The development — built in partner- ship with Grand China Fund — will be completed this fall. The ninth most active developer is Valdosta, Georgia-based RISE: A Real Estate Company, which has 11 devel- opments planned or underway total- ing 9,664 beds. The company's pipeline includes the massive Nicholson Gate- way project, a 4,500-bed community at Louisiana State University. Tenth on our list is Capstone Devel- opment Partners with a pipeline of seven developments totaling 8,550 beds. Developments planned or underway by the company include a 143,000-square-foot mixed-use devel- opment, built in a joint venture with Harrison Street Real Estate Capital near Seattle University; and a 1,077-bed on- campus community, built in a joint ven- ture with Provident Commonwealth Education Resources at the University of Massachusetts Boston campus. University of Illinois at Urbana-Champaign | 548-bed luxury student housing project | Opening Summer 2019 Driven to Deliver ™ See how we're impacting the SUCCESS of students and VITALITY of university communities at: ©2018 The Opus Group | The Opus Group includes: Opus Development Company, L.L.C., Opus Design Build, L.L.C. and Opus AE Group, L.L.C. Inspiring the ULTIMATE in Collegiate Living BEN ANGELO, Senior Director Real Estate Development Opus Development Company, L.L.C. | 847.318.1655 With proven performance delivering unique, high-quality residences nationwide, Opus is reimaging collegiate living to develop, design and build vibrant communities for students on and off campuses across the country. American Campus Communities is currently working on a residence hall at Northeastern University in Boston.

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