Greystar, with its partner Star America Infrastructure Partners, has plans to develop a $100 million, 357-unit student housing project named Union on Broadway, located at 476 E. Broadway in Eugene, Ore.
This project marks Greystar’s first venture with Star America and the firm’s first ground-up development in Eugene. And it is Star America’s seventh investment in the growing higher education infrastructure space.
Union on Broadway will encompass 12 stories and 357 units with 608 beds, as well as a retail component on the ground floor. Residents will benefit from a premium top-floor fitness center, collaborative study lounges on each floor, a computer lounge, conference rooms, an activity and game room, a media lounge, subterranean parking and bike parking, and outdoor amenity space complete with a spa, terrace, grills and lounge seating. Units will be furnished, and amenities will include an in-unit washer and dryer, private bathrooms, internet and air conditioni