The Standard at Flagstaff in Flagstaff, Ariz., is just one of nine student housing properties being delivered this month by the Athens, Ga.-based Landmark Properties.
Top developers are scrambling to build or renovate student housing properties that include the new top amenity students want.
“What’s different for us in 2019 is the inclusion of more dedicated study areas,” says J.J. Smith, president of CA Student Living, based in Chicago. “Study-oriented spaces are trending up while party and game lounges are trending down.”
After years of building exorbitant features like massive swimming pools with cabana service and elaborate party spaces, developers are focusing more on providing places where students study and work in groups, in addition to fitness and wellness spaces.
Others top features include proximity to campus—students continue to be very interested in living within walking distance of the school they attend … though they will live farther away if the price is right. Students also are interested in housing designed to use less energy and water, according to leading developers.
Suraj Shrestha is an associate at Harborside Partners. He has been taking the lead role on research projects; to develop and implement online marketing strategies for search engine optimization and social media marketing. He is one of the core parts for helping to grow business revenue and the company’s online presence.