College Station

Walker & Dunlop has successfully brokered the sale of The Woodlands of College Station, a prominent student housing property with 769 beds located near the Texas A&M University campus. This transaction, which involved the seller Interwest Capital, underscores the appeal of student housing investments in the highly sought-after vicinity of the university.

Completed in 2006, The Woodlands comprises 276 units and offers a comprehensive range of amenities designed to cater to the needs of students. Key facilities available at the property include a swimming pool, fitness center, basketball and volleyball courts, study lounges, and a shuttle service providing convenient access to the Texas A&M campus. In addition to its desirable location and amenities, Walker & Dunlop also arranged an undisclosed amount of acquisition financing for the buyer.

New Housing and Retail Projects in College Station

As the demand for student housing continues to surge, several new projects are set to enhance College Station’s residential landscape. The College Station Planning and Zoning Commission recently approved a preliminary plan for the Culpepper housing and retail project, strategically located across from Texas A&M on the corner of University Drive and South College Avenue. Development plans include a waiver request concerning a road length exceeding city regulations.

In addition, the Legacy Point project, which is already under construction, aims to add nearly 1,000 student beds and connect Century Square to the Northgate area. This development is expected to introduce a total of over 2,800 beds and 50,000 square feet of retail and entertainment space, with an anticipated opening in the fall of 2027.

Furthermore, a joint venture between Subtext and Larson Capital Management has begun construction on a project named EVER. This initiative will include a 176-unit, 545-bed student housing community set to open in the summer of 2027. This project is part of a larger initiative that encompasses 1,738 beds and was first announced in March. The second phase, named VERVE, will feature 382 units with 1,193 beds, scheduled for completion in 2028.

Features of New Developments

The EVER property, situated within the Northgate Entertainment District just two blocks from Texas A&M University, will cater to diverse student living preferences with units ranging from studios to five-bedrooms. The mid-rise building is designed to offer numerous amenities including open lounges, study rooms, meditation areas, a coffee bar, a mini-market, and a sauna. Outdoor amenities will feature fitness spaces, a swimming pool with cabanas, a sky lounge, game lounges, and grilling stations.

In parallel, Pinecrest has broken ground on The Penny on College Main, a 605-bed student development projected to open in 2027. This ambitious endeavor will be a 20-story structure, further enhancing student housing offerings in College Station.

The trend is reflective of Texas A&M University’s ongoing growth, with the campus reporting 1,451 bedrooms under construction as of March, securing its ranking among the top 10 universities in the U.S. for student housing construction.

What is The Woodlands of College Station?

The Woodlands is a student housing property with 769 beds, located near Texas A&M University, featuring various amenities including a fitness center and study lounges.

Who brokered the sale of The Woodlands?

Walker & Dunlop brokered the sale of The Woodlands on behalf of the seller, Interwest Capital.

What new developments are underway in College Station?

New housing projects include the Culpepper housing and retail project and the Legacy Point project, which will add thousands of student beds and retail spaces by 2027.

What amenities are featured in the EVER development?

The EVER development will offer a variety of amenities, including study rooms, lounges, a coffee bar, and fitness spaces, as well as outdoor facilities like a swimming pool and grilling stations.

When will the new developments in College Station open?

The anticipated opening for the new developments, including the EVER development and the Legacy Point project, is set for the fall of 2027.