July 16, 2025

New Luxury Student Housing Development Launches in College Station

News Summary

Construction is underway for a luxury student housing project at 250 Church Avenue in College Station, scheduled for completion in summer 2027. This initiative, backed by Parallel and Kayne Anderson Real Estate, aims to address the housing needs of Texas A&M University students. The complex will feature over 300 apartments, a parking garage, and is part of a larger development plan that includes commercial space and additional housing facilities.

College Station

Construction has officially begun on a new luxury student housing development at 250 Church Avenue in College Station’s Northgate district, with an anticipated completion date set for summer 2027. This development represents a significant investment in the local community and aims to provide essential housing for the increasing number of students at Texas A&M University.

The project is a collaborative effort between Parallel, a prominent national real estate company, and Kayne Anderson Real Estate, who are jointly financing the initiative. The funding for construction is managed by BMO Bank, N.A., one of the largest banks in North America.

This new development is the third community that Parallel is creating to serve Texas A&M, further solidifying their presence in College Station. David Pierce, a principal at Parallel, expressed pride in expanding the company’s offerings in the area to meet the rising housing demand.

Project Details

The construction will initially focus on a building located at 313 College Avenue, which is projected to encompass approximately 750,000 square feet across seven stories. The building is set to include more than 300 apartments of different sizes, providing a total of 953 beds for students.

In addition to residential spaces, the development will also feature a seven-story parking garage with over 750 parking spaces to accommodate residents and future projects.

Impact and Community Concerns

Local residents have voiced concerns about the potential impacts on nearby businesses, particularly popular establishments like Chipotle and Schlotzsky’s. However, reassurances have been given that these businesses will not be affected by the development.

The larger Legacy Point master plan aims to provide a total of 2,800 beds of student housing and more than 50,000 square feet of retail and entertainment space, further enhancing the Northgate area.

Supporting Developments

Harrison Williams from LV Collective highlighted the critical need for new housing due to increasing enrollment numbers at Texas A&M. Concurrently, another nearby student housing development, EVER College Station, is set to comprise 545 beds across 176 units, covering an area of 384,788 square feet. Construction of EVER is expected to commence in the summer of 2025, with completion scheduled for the summer of 2027.

Additionally, a second phase of development, titled VERVE College Station, will provide 1,193 beds through 382 units in a large 818,324 square foot facility, set to deliver by the summer of 2028. Both EVER and VERVE will offer various layouts and amenities designed specifically for student lifestyles, including study spaces, fitness centers, and entertainment lounges.

Developers and Stakeholders

The development project is backed by an array of partners, including Rhode Partners, A Royal Interiors, Mitchell & Morgan, RLG Consulting Engineers, and Roger’s O’Brien serving as the general contractor. In terms of design, Power Design Inc. and Kilgore Mechanical are contributing as design build partners, ensuring the project meets modern standards and the needs of its residents.

This ambitious new endeavor is part of an ongoing trend in College Station, as the demand for quality student housing continues to rise, reflecting the growth of the local student population and the evolving landscape of the area surrounding Texas A&M University.

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Author: STAFF HERE COLLEGE WRITER

The COLLEGE STATION STAFF WRITER represents the experienced team at HERECollegeStation.com, your go-to source for actionable local news and information in College Station, Brazos County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Brazos Valley Fair & Rodeo, Chilifest, and Aggie Muster. Our coverage extends to key organizations like the Bryan-College Station Chamber of Commerce and United Way of the Brazos Valley, plus leading businesses in education, biotechnology, and retail that power the local economy such as Texas A&M University, Fujifilm Diosynth Biotechnologies, and H-E-B. As part of the broader HERE network, including HEREAustinTX.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

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