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University House Midtown

University Served: Georgia Tech University

Number of Beds: 706

Unit Type/Configuration:
Studio, One, Two, Three & Four Bedrooms

Number of Parking: 270

Residential: 370,464 net rsf; 
Retail: 10,200 net rsf

Total Development Costs: $75.5 million

Completion Date: August 2015

Construction Type: Type I - Concrete

University House Communities / Scion Group

Loan-to-Cost: 67%

Return on Cost (Yr 1): 8.2%

National Green Building Standard (NGBS) – Silver Rating

Located in the popular Midtown area of Atlanta, Georgia, this mixed-use student housing development adjacent to Georgia Institute of Technology opened in August 2015. With 268 units, 706 beds and 10,200 square feet of retail space on the northeast side of campus, the project is a high rise development consisting of a 19-story residential tower offering one-, two-, three- and four- bedroom units, a terrace level for resident amenities and four stories of structured parking. Student amenities include a clubroom, study lounge, 24-hour fitness center, rooftop terrace, on-site 24-hour security, pool and on-site management.