Source: Capstone Development Partners / #Student #Housing
FAYETTEVILLE, AR - Capstone Development Partners (Capstone) is partnering with Specialized Real Estate Group (SREG) to develop an apartment complex marketed towards University of Arkansas students. The new housing community is on schedule to be completed and occupied in Summer 2014, and will be home for approximately 470 students.
Located on the south side of West Center Street between Duncan and Harmon Avenues, the 5-story apartment facility wrapped around an embedded parking deck will offer students modern style and green living within a 3 minute walk to the campus core. The amenities of the $35 Million project include an infinity-edge swimming pool, clubhouse, and rooftop sun terrace with views of the campus and Boston Mountains.
“The Cardinal is immediately adjacent to the University’s main classroom areas,” said Jeremy Hudson, SREG CEO. “Truly, students can’t live closer to class.”
The project is not only registered for LEED green building certification, but it is also a bird-friendly community. Working with the recommendations of the American Bird Conservancy, The Cardinal’s bird-friendly features include reduced glazing overall, patterned appliques on ground level glass, and approved lighting systems as well as carefully chosen native plants. These measures are intended to prevent bird collisions, eliminate light pollution that can distract migrating birds, and provide forage and habitat.
Jeff Jones, CDP Principal, said, “The Cardinal will provide state-of-the art apartment housing with the amenities UA students love. The best of these is a location only steps away from the campus, a quick walk to downtown or Dickson Street, and on-site, covered parking. Capstone has developed over 100 student residential communities over the past 23 years. We are known for delivering our projects on time and at a level of quality students appreciate.”