ATHENS, GA. — Landmark Properties and AIG Global Real Estate, a wholly owned subsidiary of AIG, recently acquired the land for their upcoming development, The Standard at Gainesville; a 1200 bed midrise, mixed-use student housing with approximately 60,000 square feet of retail space and a 142-key select-service hotel. Because of The Standard’s proximity to the University of Florida and Gainesville’s urban core, it will provide a suite of amenities and services unique to students and residents it will serve. The project is set to commence construction during the Spring of 2015 with delivery slated for Fall of 2017.
Located at the corner of West University Avenue and Northwest 13th Street, The Standard at Gainesville will be adjacent to the University of Florida campus and just steps from popular restaurants, shops and local nightlife. The Standard will feature more than twenty unique floorplans, including studio, one, two, three, four, five and six bedroom units. Fully-furnished value and premium units - with associated amenities - will also be available, giving residents a large number of price points and options.
In addition to first class apartment features, residents can also take advantage of Landmark’s award-winning amenity package. The community will offer on-site management, two rooftop pools, resident centers with 24-hour study lounges, a spa, game room, golf simulator, racquetball courts, and state-of-the-art fitness facility. Parking will be available for purchase as part of the residential lease package, and will be located within the community and accessible by skybridge.
Landmark’s urban infill brand, “The Standard” was first marketed to students at The University of Georgia and reached pre-leased occupancy goals in record time. Landmark Properties continues to develop both “The Retreat” branded cottage-style developments and “The Standard” branded infill developments in college markets nationwide. The company has approximately 5,000 beds currently under construction in Louisiana, Missouri, Oregon, Kentucky, Tennessee, and Georgia as well as an additional 12,000+ beds in the development pipeline.
About Landmark Properties:
Landmark Properties is a fully-integrated real estate firm specializing in the development, investment and management of high-quality student housing communities across the country. Backed by a deep understanding of the markets, a commitment to quality and a strong track record of success, Landmark Properties is responsible for some of the premier student housing communities in the nation. Based in Athens, Georgia, Landmark has developed and constructed roughly $1 Billion worth of student housing in the past several years. For more information, visit www.landmarkproperties.com.
About AIG: American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.