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Supply-Stressed Market Gets Approval at a Crucial Time

Lincoln40 will be developed on a 5.9-acre infill site along Olive Drive, near the intersection of Richards Boulevard, three-quarters of a mile east of the University of California, Davis campus.

Lincoln40 Lincoln40 will consist of 130 residential units that can accommodate up to 708 residents.

DAVIS, CA—With student housing near crisis status, some relief is to follow, albeit in two years. Lincoln40, a student housing project near the University of California, Davis campus, received unanimous approval from the Davis city council this week. The city council’s decision follows the planning commission’s unanimous approval of the project on January 10.

The approvals enable Northern California-based student housing developer HighBridge Properties to finalize its development plans before breaking ground later this year. The project will be open for the fall 2020 academic school year.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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