C1 Development, a wholly owned subsidiary of Virtus Real Estate Capital, and GMH Communities, a vertically integrated real estate company, both owners and developers of lifestyle-oriented residential communities, announced their formal rezoning approval for up to 1,000 beds of student housing at 6800 Burbank Drive in Baton Rouge. The new community will consist of two-story boutique cottage and townhome-style buildings and three-story garden-style buildings wrapping a spacious clubhouse and outdoor amenity area. The project is located southeast of the Louisiana State University (LSU) campus, close to popular restaurants and retail in the surrounding area.
"Now more than ever, we recognize the pent-up demand for quality, class A housing in this market," said David Helfrich, president at C1 Development. "With accessibility to the campus and easy access to retail establishments, we're confident that the development will provide residents with an elevated living experience that pr
