Today’s student housing designs provide resort style living for students. New trends are beginning to focus on creating micro-housing units that provide high-quality housing options near universities at a reasonable price point.
As one of the most important design considerations is location, most of the new student housing projects are being developed within walking distance to the university campuses. The price of land around universities is typically expensive so a lot of the new designs, due to real estate prices, are podium type buildings over in-ground or above ground parking.
The buildings all have extensive common area spaces for exercise, an extensive leisure area, and academic centers. The standard resident room has common area kitchens and living rooms, and provide private bedrooms and private bathrooms for each resident. The buildings are being designed with multiple layers of security, as safety is a major concern in privately operated student housing facilities.
With more and more students pursuing post-secondary education, more student housing will be needed. The demand for student housing provides a healthy market for developers to construct multifamily buildings tailored specifically for college students. Once a niche of the multifamily sector, student housing has steadily increased in popularity as a solid investment opportunity.
By engaging The Douglas Company early and following our proven pre-construction process, developers can incorporate the latest design trends while controlling costs to meet your budget requirements. Contact us to learn more about how we can help assure the success of your next student housing project.
Executive Vice President, Midwest Construction Operations
The Douglas Company