AMES, IA—Until last year, the Campustown neighborhood adjacent to Iowa State University had not seen new student housing since 2004. But in the past year, developers here have broken ground on a host of projects, making this school one of the most active in the Midwest when it comes to providing new amenity-rich student housing.
“ISU is very attractive for both students and parents as 95% of students have a job within six months of graduation,” Robert V. Gilbane, chairman and chief executive officer of Gilbane Development Co., tells GlobeSt.com. As a result, it has seen “eight consecutive years of record growth and enrollment.” In 2014, for example, the school had 34,732 students, up 4.5% from 2013.
Gilbane just launched a new six-story project called The Edge, which will add about 290 brand new beds in two, three and four-bedroom fully furnished apartment units. Along with 23Twenty Lincoln and University Towers, two other company-owned properties, Gilbane will offer it all under one brand known as BlockONE.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
