Landmark Properties announced today that it has acquired a 15-acre site at 1345 28th Street near the University of Colorado Boulder (CU Boulder) in Boulder, CO. The firm will begin construction on The Standard at Boulder, a 936-bed student housing community, Landmark Properties’ first purpose-built student housing product development in the Boulder market.
According to a statement from Landmark Properties, the planned 447,000-square-foot building will include 303 student apartments to answer the growing demand for student housing within walking distance of the CU Boulder campus.“The Boulder market, in general, has had a shortage of new housing supply, and the university housing market specifically has been especially supply-constrained,” said Wes Rogers, President and CEO of Landmark Properties. “The location presented the perfect opportunity to bring much-needed student housing to the area while creating a unique six-acre public greenspace adjacent to Boulder Creek and the Boulder Creek Path. We were drawn to this site because of its proximity to the CU Boulder campus and the convenient access to various built-in neighborhood amenities.”
About Landmark Properties: Headquartered in Athens, Georgia, with an office in Atlanta, Landmark Properties is a fully integrated real estate firm specializing in acquiring, developing, and managing high-quality residential communities. With more than $11.6 billion in assets under management, Landmark’s portfolio includes over 115 residential communities nationwide with over 70,000 beds under management. Additionally, Landmark has 22 student and multifamily projects under construction or with land acquired, with an estimated value of $3 billion. Landmark’s mission is to lead the development, construction, operations, and investment management of high-quality residential communities, delivering unrivaled service and experience to our residents, partners, and employees.