Casinos in a Basement – Future Standard for Student Homes?

March 03, 2011 / Russell Legato, Residential Property Analyst

Real estate company that specializes in office, industrial, retail, and golf course, Crescent Resources, take another step with the development of a new student homes concept within the University of Texas. The real estate company is bringing a new and innovative concept the creation of the student homes for university students. Circle West Campus, the student homes development, according to company information, will be located at the intersection of Longview Streets and West 25th.

Casinos in a Basement – Future Standard for Student Homes?

Another student housing development has also break ground — the 416-unit University House Central Florida, just about half-mile away from the University of Central Florida. It will also offer one-, two-, three- and four-bedroom apartments, expected completion date is on August 2012.

The student homes, would be Crescent’s first development for university students, but the apartment-living concept of the company is applied to its four residential communities at Charlotte, North Carolina, and in Tampa and Jacksonville, Florida.

Circle West communities, according to company information, feature eco-friendly designs and materials, as well as high-end amenities for its residents.

According to Todd Farrell, the president at Crescent Resources Multifamily Development Group, the company is pleased to bring the company’s apartment brand into student homes, which will feature unique amenities — great for both recreation and study.

The 167-unit student community will consists of studios, one and two bedrooms apartments, and much bigger four-bedroom apartment units — a total of 477 beds. Each of the apartment units will comprise mostly of Energy Star appliances.

Other amenities in the student development will include a resort-style pool, a community and study lounge café, and tanning beds — plus a recreation room with gaming systems, poker and pool tables.

The student homes are located within walking distance from the University of Texas.

Another student housing development has also break ground — the 416-unit University House Central Florida, just about half-mile away from the University of Central Florida. It will also offer one-, two-, three- and four-bedroom apartments, expected completion date is on August 2012.

The student homes, would be Crescent’s first development for university students, but the apartment-living concept of the company is applied to its four residential communities at Charlotte, North Carolina, and in Tampa and Jacksonville, Florida.

Circle West communities, according to company information, feature eco-friendly designs and materials, as well as high-end amenities for its residents.

According to Todd Farrell, the president at Crescent Resources Multifamily Development Group, the company is pleased to bring the company’s apartment brand into student homes, which will feature unique amenities — great for both recreation and study.

The 167-unit student community will consists of studios, one and two bedrooms apartments, and much bigger four-bedroom apartment units — a total of 477 beds. Each of the apartment units will comprise mostly of Energy Star appliances.

Other amenities in the student development will include a resort-style pool, a community and study lounge café, and tanning beds — plus a recreation room with gaming systems, poker and pool tables.

The student homes are located within walking distance from the University of Texas.

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