AKRON, OH—Leasing has started for the Depot, the newest off-campus student housing community here. Located at 446 E. Exchange St., the center offers personal virtual tours of the Depot development, with one- to four-bedroom floor plans from 592 to 1,386 square feet.

The 624-bed, four-story luxury community, located at 80 E. Exchange St., will be available for move-in next August for students attending the University of Akron.

“We have already been taking calls and responding to online inquiries about the Depot since construction started,” says Joe Goodwin, senior vice president of marketing for Asset Campus Housing, the property management company for the Depot. “We are excited to welcome students to our new leasing center to see why the Depot will be the number-one off-campus living destination for University of Akron students.”

Cleveland-based developer NRP Group, is investing more than $30 million in the project, located on the site of the old Erie Railroad Station and Akron Beacon Journal newspaper sorting and storage facility. The property will offer a resort-style heated pool with an outdoor bar and kitchen, lounge areas, on-site concierge, modern clubroom, on-site mini market, indoor gas fireplace, game room with pool table, foosball, tabletop shuffleboard and arcade games, as well as a large group fitness classroom and state-of-the-art fitness facility.

There will also be a conference room with projection capability for group projects, group study areas with white boards, private study nooks and a media lab featuring a mix of iMACs and PCs and a commercial-grade printer. Individual apartments will have granite countertops, in-unit washers and dryers, walk-in closets, contemporary furnishings and a 42' flat screen televisions.

“We are building The Depot based on exactly how University of Akron students envisioned their ideal apartment community,” says Aaron Pechota, Vice President of Development at NRP Group. “We conducted extensive focus group research with current students and listened to their specific needs and desires. Beyond current needs, we identified future trends and incorporated those ideas into the vision that has become the Depot. The result is a community thoughtfully designed for Akron students.”

Specifically, the property utilizes sustainable practices such as repurposing parts of the original building to serve as reminders of its historic role. These include retaining the exterior eaves from the former structures, along with the four monument “E”s signifying the Erie Railroad, all used as interior design elements in the courtyard, clubhouse and concierge areas.

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Sule Aygoren

Aygoren oversees the editorial direction and content for ALM’s Real Estate Media Group, including Real Estate Forum and GlobeSt.com. In her tenure with ALM, she’s held roles of increasing responsibility, including Managing Editor. Aygoren has received several awards for her coverage including Best Trade Magazine Report from the National Association of Real Estate Editors and the James D. Carper Award for Young Journalists. Under her direction, Forum has received four national NAREE awards for Best Commercial Real Estate Trade Magazine.