BATON ROUGE, LA - The Dinerstein Companies (“TDC”), a full-service real estate and development company, in partnership with Harrison Street Asset Management (“HSAM”), a leading global real assets investment manager with more than $108 billion in assets under management, today announced their plans for two new student housing developments near Louisiana State University (“LSU”): Sterling Tiger Valley and Sterling Southgate. Together, the communities are expected to deliver more than 1,700 beds ahead of the 2027 and 2028 academic years.
LSU’s engineering and business schools, student union and other campus life centers, Sterling Tiger Valley is slated to offer 259 units ranging from 1-bedroom to 5-bedrooms, totaling 845 beds. The property is surrounded by pedestrian-friendly streets, nearby trails, and a growing mix of student-oriented retail and dining on Burbank Drive, offering students an effortless, walkable lifestyle in the center of academic, athletic and social life. Amenities include a clubhouse, fitness center, resort-style pool and spa, BBQ grills, Jumbotron, pickleball court, game room, personal and communal study rooms, EV parking stations, and a controlled entry garage parking. The project will be LEED Certified. Sterling Tiger Valley is currently under construction and projected to be delivered prior to Fall 2027 academic year.
Sterling Southgate is also well positioned in close proximity to LSU’s engineering and business schools, student union and other campus life centers. The community is projected to have 285 units ranging from 1-bedroom to 5-bedrooms, totaling 899 beds. Sterling Southgate is directly across the street from the proposed new LSU arena, retail, and economic hub. This community will benefit from a dynamic blend of campus proximity and neighborhood energy. Just a short walk from LSU, the site is adjacent to major student-focused retail corridors, and the continued expansion of LSU’s athletic and entertainment footprint. This location offers students a vibrant, next-generation living environment that pairs accessibility with space, scale, and the momentum of a rapidly evolving university-oriented district. Amenities include a clubhouse, fitness center, two resort-style pools and spa, BBQ grills, Jumbotron, sky lounge, pickleball court, game room, personal and communal study rooms, EV parking stations, controlled entry garage parking, and select elevated units with glam rooms. Sterling Southgate is slated to break ground in 2026 and is set to be delivered prior to Fall 2028 school year.
“Sterling Tiger Valley and Sterling Southgate represent the culmination of everything we’ve learned across decades of successful student housing developments in the Baton Rouge market. Each of these developments will be elevated and refined for today’s LSU students,” said Todd Gaines, East Coast Partner at The Dinerstein Companies. “Both properties are located literally steps from campus, setting a new benchmark for modern student living with resort-style pools, high quality amenities, and a design ethos focused on experience, convenience, and connection.”
“Our continued partnership with The Dinerstein Companies reflects our long-standing conviction in the student housing sector and a shared focus on developing high-quality communities near leading universities,” said Beau Garot, Managing Director at Harrison Street Asset Management. “As demand for well-located, amenity-rich student housing continues to grow, we remain focused on delivering assets that enhance the student experience and align with our long-term investment strategy.”
“Building on the success of our prior communities, these developments will elevate the student living experience in Baton Rouge while maintaining the same uncompromising standard of quality,” said Gaines. “We are proud to bring over 1,700 beds to this market and offer students larger and more dynamic purpose-built communities that we believe will define the future of premium student living at LSU and beyond.&rdquo
HSAM and TDC have partnered on 34 multifamily and student housing transactions since 2013 and together have delivered 10 developments and acquired 24 student housing properties. Since inception, HSAM has invested over $24 billion across 421 student housing properties, totaling more than 229,000 beds throughout Europe and North America.