Northgate entertainment district adds affordable student housing to its main attractions
Addison, Texas, July 10, 2015 – KWA Construction, a leading general contractor in multifamily developments, has begun construction on Cherry Street Apartments, a 200-bed student housing complex in College Station’s premier entertainment district – Northgate. Addison-based real estate investors Seneca Investments selected KWA Construction to build the 108,005-square foot project, which was designed by NTS Architects & Planners. The project is expected to open in summer 2016.
“The Northgate entertainment district is a popular spot for dining out, enjoying drinks and, most importantly, urban and walkable living. Often times that results in expensive apartment options for students. With Cherry Street Apartments, we aim to balance amenities with affordability to offer a choice that’s economically feasible,” said Matthew Stone, Chief Operating Officer of Seneca Investments.
Formed in 1996, Seneca Investments is a privately-owned real estate investment company with more than 60 years of combined experience in commercial real estate development. The company’s experience is now being extended into student housing with Cherry Street Apartments.
Considerable planning has gone into the common areas of the residence and social aspects of the students’ living spaces to appeal to the wide-range of interests of the student market. When complete next summer, Cherry Street Apartments will house up to 200 students and faculty with the latest high-end amenities in a great location.
“Texas A&M has always been a high-ranked university attracting an interesting market that we’ve wanted to break into,” said Richie Keene, Vice President of Operations at KWA Construction. “With its dense size and quality of amenities, we foresee Cherry Street Apartments as an excellent asset in our portfolio.”
Located at 200 Cherry Street, the one- and two-bedroom apartment community will feature a swimming pool with lounges, outdoor grilling area, a fire pit and an outdoor theatre. Additionally, the community grounds will include game and exercise rooms as well as tucked-under garage parking.
About KWA Construction
KWA Construction is a Dallas-based construction firm specializing in multi-family developments. With more than 600 years of combined experience, the KWA team of veteran project managers, superintendents, and accounting and scheduling personnel works one-on-one with its developer clients with the promise of delivering the greatest value at the right cost, 100 percent of the time. For more information about KWA Construction, visit www.kwaconstruction.com.
# # #
Cooper Smith Koch, Cooper Smith Agency
firstname.lastname@example.org, (214) 329-4477