Construction will soon commence on a new student housing project dubbed The Mark Knoxville in Knoxville, Tennessee. Recently, Landmark Properties unveiled its plans to build the 834-bed student housing development near the University of Tennessee’s campus in Knoxville. The developer has also partnered with Manulife Investment Management to build the project.
According to Wes Roger, Landmark’s President and CEO, Mark Knoxville will be their second build-to-core joint venture with Manulife. However, he said this project also marks the fourth property Landmark has built near The University of Tennessee. The developers plan to break ground on the project by June this year, with its delivery set for August 2025.
The Mark Knoxville situated a short walk from the campus’s northwest, will provide various unit types from studios to five-bedroom options. With an on-property garage and a campus shuttle bus, the apartment features and location appeal to luxury-seeking students in Knoxville.
Development plans for the Mark Knoxville student housing
Apartment units at The Mark Knoxville will include a gourmet-style kitchen with ample cabinet space, quartz countertops and stainless-steel appliances. Every residence will be fully furnished, with hardwood-style flooring and a private bathroom for every bedroom.
Additionally, residents will enjoy Mark Knoxville’s best-in-class amenities including a rooftop pool and Jumbotron. Other amenity spaces on the property include a 24-hour study lounge, pickleball court, stylish rooftop clubhouse, and a state-of-the-art fitness centre. Its thoughtful design also includes a 25,000-square-foot courtyard amenity space, featuring fire pits, grilling stations and hammock groves. As a result, the environment will give residents and guests extra opportunities for recreation and relaxation across the property.
Edward Dunn, Managing Director of Manulife also said his company was excited to continue partnering with Landmark on Mark Knoxville. Especially since the project will be supported by local market fundamentals and Landmark’s experience operating in the area.
Besides Mark Knoxville, Landmark also revealed plans earlier this year, for Mark Philadelphia, a 909-bed student housing community in Pennsylvania. The project’s location is adjacent to the University of Pennsylvania and Drexel University. In February, the developer also planned for Standard at Dinkytown, a 1,021-bed student housing project in Minnesota. Then later in March Landmark bought a 4.5-acre site adjacent to The University of Southern California for $114.8 million. The property will be used to build a 1,500-bed community.