WACO, TX–Asset Campus Housing has plans in place to build an off-campus student housing community for Baylor University students. Construction will begin this Spring, with completion slated for the start of the 2015 school year. The total development cost was not disclosed.
“Along with the outstanding need of high-end, quality student housing, and with the addition of the football stadium, there is an undeniable buzz surrounding this university,” Barrett Kirk, senior vice president of development for Asset Campus, tells GlobeSt.com.
The Domain at Waco will include 186 units for a total of 564 beds. Floor plans within the gated community will vary to include one- two- and four-bedroom apartments and townhomes. The average unit size will be roughly 1,188 square feet. Residents will sign individual leases, responsible only for their bed and not the rent of the entire apartment.
Asset Campus is the largest provider of student housing in the Waco market.
“We know the Waco community inside-out,” Kirk says. “We are excited to continue to take that knowledge and offer Baylor University students a highly desirable community with an environment that will contribute to their success.”
Every unit will include hardwood-style floors, granite countertops, flat screen TVs, stainless steel appliances, private bathrooms as well as full size washer and dryer. Other amenities of the project include an 11,000-square-foot clubhouse, resort-style pool, internet café, outdoor fire pit, sand volleyball, video gaming center, sports field, tanning, fitness studio, 24-hour gym and numerous private group study rooms.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
