Toll Brothers Campus Living Launches The 87
Toll Brothers Campus Living, part of the esteemed Toll Brothers, Inc. (NYSE: TOL), recently announced a significant addition to the student housing landscape with the opening of The 87. This new luxury apartment community is strategically designed for students looking for a blend of modern design and convenience, positioned near vibrant college campuses.
Overview of The 87
The 87 features 335 apartments and townhomes, providing 810 beds for students. This contemporary living space is a stone's throw away from major educational institutions, enhancing its appeal for college students seeking nearby accommodation. The project was financed through a $91 million construction loan from Centier Bank and saw construction beginning in September 2022. With the first occupancy occurring recently, The 87 is ready to welcome its first residents.
A Luxurious Living Experience
According to Richard Keyser, Vice President of Acquisitions and Development, The 87 offers a unique living experience that combines upscale elements with the everyday needs of students. Each rental unit comes fully furnished, equipped with modern amenities, including 55” smart TVs and private bathrooms in every bedroom. Highlights of the residences include stainless steel appliances, in-unit laundry facilities, and exquisite finishes such as quartz countertops and modern cabinetry. There is even garage parking available, a rare feature in student housing.
Amenities That Foster a Community Atmosphere
The 87 aims to create a holistic living environment conducive to both academic success and social engagement. The community boasts tech-enabled study lounges and a vibrant social lounge complemented by a coffee bar. Students looking to unleash their creativity can use the on-site content creation studio, while sports lovers can gather in the All Pro Lounge featuring large-screen TVs and a golf simulator.
Fitness and Outdoor Spaces
For those prioritizing fitness, The 87 includes a spacious 2,300-square-foot fitness center outfitted with state-of-the-art strength and cardio equipment. Additionally, outdoor spaces are designed for relaxation and bonding, featuring courtyards equipped with grills, fire pits, games, and hammocks.
The Legacy of Tradition and Modern Living
Toll Brothers Campus Living integrates vintage Notre Dame memorabilia into the interiors, paying homage to the storied tradition of the nearby university. This approach aims to create a unique sense of place that resonates with students, allowing them to feel connected to their academic surroundings.
Commitment to Quality in Student Housing
John McCullough, the President of Toll Brothers Apartment Living, emphasized the company’s commitment to elevating the standard of student living. The 87 is not just a residence; it's a lifestyle that supports a balanced collegiate experience underpinned by quality design and service.
Growing Portfolio of Student Communities
The 87 is a valuable addition to Toll Brothers Campus Living’s expanding portfolio, which includes successful projects like The Yards at Old State and Kinetic at Georgia Tech. Toll Brothers has a proven track record in developing exceptional student communities designed to fit the needs and lifestyles of today’s students.
With nearly 2,000 units and over 6,000 beds developed nationwide, Toll Brothers Campus Living continues to reshape student housing to meet modern demands. The company is committed to ensuring its communities are not only comfortable but also geared to help students thrive academically and socially.
Frequently Asked Questions
What is The 87?
The 87 is a new luxury student apartment community developed by Toll Brothers Campus Living, featuring 335 apartments and townhomes with modern amenities.
Where is The 87 located?
The 87 is located near prominent colleges, allowing easy access for students attending these institutions.
What amenities does The 87 offer?
Amenities include study lounges, a fitness center, a golf simulator, outdoor courtyards, and a social lounge with a coffee bar.
Who developed The 87?
The 87 was developed by Toll Brothers Campus Living, a division of the national luxury home builder Toll Brothers, Inc.
How many students can live at The 87?
The community has a capacity of 810 beds for students, accommodating a significant number of residents.
