The Metropolitan at Tallahassee, a student housing project in Florida, is well on course. Recently Landmark Properties and Atlantic American Partners entered into a partnership for the implementation of the project. According to Wes Rogers, the Landmark President, and CEO, actual construction has already commenced at the project site.
The site is ideally situated at 1701 W. Pensacola St, a location within walking distance of Florida State University‘s southwest corner. Its location is in close proximity to the Doak Campbell Stadium, along with several restaurants and attractions for college nightlife.
Rogers said that the new 702-bed student apartment would provide an attractive alternative for students attending FSU and other nearby colleges. The Landmark President and CEO referred to the company’s existing property portfolio in Tallahassee. The property has reportedly achieved 100% occupancy. This, therefore, implies that the new project has a high potential for success due to the record demand for student housing around the campus.
Development plans for The Metropolitan at Tallahassee
The Metropolitan at Tallahassee is expected to be completed and ready for occupancy by August 2024. Upon completion, the project will feature a mix of units, ranging from two- to four-bedrooms units, furnished with hardwood-style flooring. Moreover, the apartment units are designed to offer amenities and privacy layouts suited for potential student residents. Several such amenities include a 24-hour study lounge, computer lab, fitness center, resort-style swimming pool, and a grilling area.
All Tallahassee units will have a well-equipped gourmet-style kitchen, offering sufficient spaces for cabinets, quartz countertops, and stainless-steel appliances. In addition, The Metropolitan at Tallahassee provides shared technology-related amenities in the common area such as high-speed internet and cable. What’s more, the property also offers access to green spaces throughout the community, as well as green outdoor playgrounds. While car owners will be given access to the deck to park their cars for an additional fee.
Besides The Metropolitan at Tallahassee property, Landmark is also working on several other projects for student markets in Florida. Earlier this year, the developer announced The Metropolitan at Tampa development, a 760-bed property in Tampa, Florida. This project is also scheduled to reach completion by 2024. Landmark also formed a partnership with Peninsula US Real Estate and W5 Group to renovate new townhomes and build The Cloisters. This new apartment community will be located near the University of Miami and is expected to also commence next year.