STATE COLLEGE, PA—CA Student Living, the student housing investment and development division of Chicago-based CA Ventures, has begun construction on HERE at State College, a 510,112-square-foot residential and retail complex at 131 Hiester St. in State College, PA, one block from the Penn State University campus. Developed in partnership with Friedman Real Estate Group and Penn State Hillel, the 12-story development is scheduled to deliver in summer 2020, with pre-leasing set to begin next fall. Penn State Hillel's new 18,000-square-foot facility will be housed on two floors of the development.
“HERE at State College will infuse enormous energy into this prominent downtown site, transforming a former parking lot into modern apartments, a vibrant community center and expanded retail offerings,” says JJ Smith, president of CA Student Living. “When our new development opens its doors in fall 2020, Google Maps will need to relocate its pinpoint to mark the center of State College to HERE—a new epicenter that will catalyze additional investment and benefit those who live, study and work here.”
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