The 678-Bed, 13-Story Student Housing Development is Just
Steps from Purdue University
ATHENS,
Ga., July 30, 2024 /PRNewswire/ -- Landmark
Properties, a fully-integrated real estate firm specializing in
development, construction, investment management, and operation of
high-quality residential communities, announces its plans to build
The Standard at West Lafayette, a
678-bed, 253-unit student housing community near Purdue University in West Lafayette, Indiana.
The site, on the corner of Pierce and West Wood streets, sits
adjacent to the east side of Purdue's
campus, which hosts several academic buildings and the Purdue
Memorial Student Union. Offering 240,299 square feet of residential
space in a mix of studios to four-bedroom units, The Standard at
West Lafayette will add much
needed off-campus housing supply to serve students of Purdue University.
BKV Group is the project's architect while Landmark Urban
Construction, the in-house general contractor for Landmark
Properties, will serve as construction manager on the 13-story
project. Delivery is anticipated for Fall 2027. The project
received formal approval from the City of
West Lafayette on July 1,
2024.
"We are pleased to bring The Standard at West Lafayette to the Purdue University community," said Wes Rogers, CEO of Landmark Properties. "For the
2023-2024 academic year, Purdue
reported its ninth consecutive record-breaking year for applicants
and enrollments. The West
Lafayette campus noted an all-time high of more than 52,200
students, with the majority living near campus. The Standard at
West Lafayette is a response to
the demand for high-quality off-campus housing."
All units will feature gourmet kitchens with quartz countertops
and stainless-steel appliances, high-speed internet and cable,
large closets, and in-unit laundry. Finishes include hardwood-style
laminate floors, custom wood trim and plantation blinds. Balconies
are offered in select residences. The Standard at West Lafayette will offer 18,234-SF of amenity
space, such as a rooftop clubhouse with an outdoor heated pool and
fitness center, as well as a fourth floor indoor/outdoor amenity
level with seating, grilling area, gaming lounge and interior
courtyard. The property also has the most study space of any
building in town, with options on every floor. The community will
provide garage parking for 207 vehicles. Additionally, The Standard
will be a six-minute walk to the nearest bus stop which has routes
taking students to and from the north and western sides of
campus.
The Standard at West Lafayette
will be Landmark Properties' second student housing development in
Indiana which includes The
Standard at Bloomington, which
opened in Fall 2023 for students attending Indiana University.
About Landmark Properties
Headquartered in Athens, Ga.,
with an office in Atlanta,
Landmark Properties is a fully integrated real estate firm,
specializing in the acquisition, development, and management of
high-quality residential communities. With $14 billion in AUM, Landmark's portfolio includes
over 115 residential communities across the country with 72,000
beds under management. Additionally, Landmark benefits from an
active development pipeline with 23 student and multifamily
projects under construction or near term start with an estimated
value of nearly $5 billion.
Landmark's mission is to be the leader in development,
construction, operations, and investment management of high-quality
residential communities, delivering unrivaled service and
experience to our residents, partners, and employees. For more
information, visit www.landmarkproperties.com.
Media Contacts:
Great Ink Communications – (212)
741-2977, 381083@email4pr.com
Lindsay Church
Sara Williams
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SOURCE Landmark Properties