New 873-Unit Student Housing Development in College Station, Texas
A Peak into the Aspire A&M Project
In a recent development in Texas’ real estate market, 873-unit student housing is in the pipeline. Situated in College Station, TX, the impressive high-rise facility is to be known as Aspire A&M. The project sits strategically across the street from Texas A&M University, conveniently positioned to maximize the benefits for the students.
The upscale student housing project is a joint venture of three discrete entities – The Dinerstein Companies, Up Campus Student Living, and Harrison Street. The project aims to provide top-notch accommodations for students, ultimately enhancing their overall campus experience.
The investment plan for the project recently took a significant step forward with the closure of a senior construction loan from Los Angeles-based global real estate investment company, Kennedy Wilson.
Building a model community through upscale amenities
Aspire A&M is not just about providing a roof for the students; it’s about shaping a community where students can live, learn, and grow. The project stands tall with a 19-story structure and will feature an 11,000 square-foot ground-floor retail space. This scope for retail business is projected to add a commercial buzz around the area.
The development is expected to come with a total of 718 garage parking spaces, a thoughtful addition considering the potential demand. The project aims to reinvent the concept of student housing with a comprehensive amenity package.
Students residing in Aspire A&M will enjoy luxury features like two rooftop pools, offering a unique blend of recreation and relaxation. Fitness facilities will also be available to encourage a healthy, active lifestyle among students. To meet academic needs, dedicated study rooms will be made available, providing a quiet space for focused learning. Additionally, a theater and a game lounge will enable the students to unwind and engage socially, fostering a sense of community within the residential complex.
Expected Impact on Local Economy
With construction underway, the Aspire A&M project will create many job opportunities in the short term, triggering an economic boost. Moreover, once functional, the project is expected to sustain a vibrant retail economy at street level, thereby encouraging local entrepreneurship, and generating significant revenue over time.
In conclusion, the Aspire A&M project is poised to redefine student living in College Station, Texas, setting a new standard for future developments. Its strategic location and a plethora of amenities make it a highly anticipated project in the College Station community and beyond. This development aims to ensure that students enjoy a high quality of life, promoting their overall wellbeing, thereby enriching their academic journey at Texas A&M University.
