Place Properties LLC plans to develop one of the first major student housing projects at the University of Nevada-Las Vegas. Atlanta-based Place Properties, in a joint venture with American Nevada Co. and The Vista Group, will build Midtown Place, the first off-campus student housing complex for UNLV, on an apartment complex site.
Midtown Place, upon completion, will have nearly 3,000 suites. The mixed-use property will also include neighborhood retail. The first phase of construction is expected to begin in 2008.
Privately held Place Properties has developed more than $470 million of student housing properties, including a project for Georgia State University in Atlanta, since 1996 and currently manages more than 15,000 beds.
Source: bizjournals.com