Landmark Properties Expands Housing Options
Landmark Properties, a fully integrated real estate firm specializing in residential communities, has announced exciting plans to address the housing shortage for students near Appalachian State University. By acquiring a 40.05-acre site, the company will develop The Retreat at Boone, a new cottage-style student housing community featuring a total of 625 beds.
New Homes for a Growing Student Population
This new development is strategically positioned to meet the increasing demand for student accommodations in an area marked by a solid enrollment surge at the university. The proposed housing is set to become a vital resource for students seeking quality living options off-campus.
Design and Construction Details
Landmark Construction has taken the helm as the general contractor for The Retreat at Boone, with Niles Bolton Associates as the architect. The project will include a mixture of three to five-bedroom units, thoughtfully designed to enhance student life. Anticipated to open its doors in the 2027-2028 academic year, the development promises to stand out due to its focus on quality and modern living standards.
Unique Features of The Retreat at Boone
As one of the few new off-campus student housing projects to emerge in the region over the last four years, The Retreat at Boone aims to deliver unparalleled amenities. Each unit will boast premium finishes including quartz countertops, stainless steel appliances, large cabinets, hardwood-style laminate flooring, and dedicated private bathrooms for each bedroom. Furthermore, students can enjoy the convenience of in-unit laundry and full furnishings with high-speed internet and cable setup.
Amenities for Modern Living
The Retreat at Boone will also feature an impressive amenity package spanning 12,514 square feet. Residents will get to relax at the resort-style swimming pool and spa, complete with cabanas and hammocks, or enjoy outdoor gatherings by the fire pit and grill areas. For those who prefer an active lifestyle, the development plans to include a skate park, fitness center, golf simulator, and recreational games. Additionally, a private shuttle service will ensure quick and easy access to the university, significantly reducing travel times compared to other transportation options.
Landmark's Commitment to Quality Housing
Landmark Properties is noted for its commitment to providing high-quality living options for students. The company also owns The Standard at Boone, which opened in 2016, offering 560 beds in a similar style of amenity-rich living. This ongoing investment underscores the firm's dedication to enhancing the student housing landscape in Boone and ensuring that students have access to exceptional living conditions during their academic years.
Using experience gained from managing an extensive portfolio, Landmark Properties has established itself as a leader in the real estate sector, particularly in the student housing market. With about $15 billion in assets under management, the firm is actively involved in over 115 residential communities across the United States, accommodating over 72,000 beds. Their focus remains on advancing their development pipeline, which includes numerous student and multifamily projects valued at over $10 billion.
Frequently Asked Questions
What is The Retreat at Boone?
The Retreat at Boone is a planned student housing community developed by Landmark Properties, designed to offer 625 beds for students near Appalachian State University.
When will The Retreat at Boone open?
The Retreat at Boone is expected to open for residents in the 2027-2028 academic year.
What types of units will be available?
The community will feature a mix of three to five-bedroom units, designed to cater to various student living preferences.
What amenities can residents expect?
Residents will enjoy a range of amenities including a resort-style pool, fitness center, study areas, and a private shuttle service to the university.
How does Landmark Properties contribute to the housing market?
Landmark Properties enhances the housing market by providing high-quality, amenity-rich living options for students, addressing unmet demand in areas with growing university populations.