Balfour Beatty Campus Solutions, in conjunction with Axium Infrastructure, has reached financial close on a mixed-use student housing project for Vanderbilt University in Nashville, Tenn.
The 616-bed development, delivered via public-private partnership, will advance the university’s mission to provide modern, affordable housing proximate to the campus core for graduate and professional students, with co-curricular spaces to help them build community and foster interdisciplinary connections.
The new residential facility, set to break ground this spring and open in August 2023, will be located on Broadway between Lyle and 20th avenues, putting campus and other major points within the Midtown area within easy walking distance.
The development will feature apartment-style units in a mix of studio, one- and two-bedroom floor plans. The furnished apartments will be fully “turnkey,” with in-unit kitchens and laundry washer/dryer. Utilities will be included.
