Nation’s top student housing developer starts first project in Atlanta

Athens, Georgia-based Landmark Properties and Atlanta-based Selig Enterprises have announced The Standard at Atlanta, a new 362k square foot student housing and mixed-use development in Midtown. Construction on the 765-bed development began in August. Landmark and Selig expect the first phase of the project to be open to residents during the second half of 2018 and anticipate pre-leasing to begin late 2017.

The Standard will offer close proximity to Georgia Tech’s campus and an amenities package unique to student housing developments in the Atlanta market, including a clubhouse, rooftop pool, tanning beds, fitness center, sauna, golf simulator, study lounge and computer lab.

“We’re excited to enter the Atlanta market and we look forward to offering students in Atlanta’s thriving higher educational community an unsurpassed college living experience,” said Wes Rogers, president and CEO of Landmark Properties. “Midtown has a strong demand for luxury student housing with amenities that create a great college experience and foster academic success.”

Located less than 0.3 miles from the center of Georgia Tech, one block from Technology Square, the development will encompass an entire block, bound by Spring, Williams, 3rd and 4th streets just east of the downtown connector.

“We’ve been developing in Midtown for generations and we’re excited to partner with Landmark to transform the residential student environment in the submarket,” said Jo Ann Chitty, senior vice president of Selig Enterprises. “The Standard at Atlanta is a vital connection between Tech Square and North Avenue that will help better connect students to their studies, to their campus and to Midtown.”

The 257 apartments with 765 beds will include granite countertops, stainless steel appliances, hardwood-style floors, washers and dryers, ample cabinet space and private balconies in select units. The Standard will provide a mix of studio, one-, two-, three-, four- and five-bedroom floor plans.

The development also will include commercial retail space on the ground floor featuring more than 10,300 square feet and a new Starbucks with drive-thru.

Overall, The Standard will feature more than 294,000 square feet of residential space and more than 57,500 square feet of amenities. There will also be more than 500 parking spaces for residents and 55 spaces for retail businesses.

Landmark Properties has been named the nation’s top student housing developer two years in a row by Student Housing News. The company has more than 30 projects across the country at some of the country’s top universities. The Standard at Atlanta will be the company’s first project in its home state’s capital.

In addition to owning and managing the development, Landmark Urban Construction will also serve as the project’s general contractor. Atlanta-based Niles Bolton Associates is the architect. Landmark, a fully-integrated real estate firm, currently owns and manages more than 15 student housing properties across the country, totaling more than 10,000 beds.

About Landmark Properties

Based in Athens, Ga., Landmark Properties is a fully integrated real estate firm specializing in the investment, development, construction and management of high-quality student housing communities across the country. With more than$1 billion of student housing under construction and more than $2 billion in additional pipeline projects, Landmark has been ranked the top developer of student housing in the nation for multiple years. From pioneering “The Retreat” student cottage concept to creating and defining the market for luxury infill housing with its “Standard” brand, Landmark has been at the forefront of the student housing industry since its inception more than 10 years ago. With a deep understanding of its markets, a commitment to quality and a strong track record of success, Landmark is responsible for some of the premier student housing communities in the nation.

About Selig Properties

With one of the largest private land holdings in metro Atlanta, Selig Enterprises, a family owned company dating back to 1918, has a portfolio of more than 11 million square feet of retail, industrial, mixed-use and office properties throughout the Southeast and is known for intown developments like 12th & Midtown, Plaza Midtown and Suburban Plaza.

Selig has distinguished itself by hiring talented people with a commitment to excellence and a strong dedication to meeting the needs of its tenants and the community. Considered an industry leader, Selig earned its position through steady growth, financial strength, creativity and most of all — integrity.

The Selig mission is to create well-conceived, quality projects in prime locations, with a long-term commitment to ensure stability to tenants, lenders and the community. Its leaders adhere to a Selig family motto of “you can never do wrong by doing right.” As the company approaches its second century of service, it will build upon its proud heritage by continuing to strive for excellence. For more information, please visit www.seligenterprises.com