Fountain Builds Second Off-Campus Community at University of Houston
By Amalia Otet, Associate Editor
Developed by Fountain Residential Partners of Dallas, the 465-bed community will be situated directly across the street from the on-campus fraternity and sorority houses that make up Bayou Oaks. The building will overlook the UH campus on what was the site of the Beall Village apartment homes on Calhoun and N. MacGregor.
The new student-friendly residential complex will feature one-, two- and four-bedroom units equipped with an upgraded furniture package, including granite countertops, stainless steel appliances, wood-look flooring, 50-inch flat screen televisions with DVRs in the living areas and keyless entry into the building and units.
Campus Vue will be an all-inclusive community, with all utilities, highest-speed broadband and wireless Internet and extended cable TV included in the rent, according to official statements.
Among a series of lifestyle-oriented amenities, the community will boast a luxury pool; a fitness room; several study rooms; a secure, structured parking garage; on-site management and maintenance; as well as a lounge area on the fifth floor overlooking campus that will serve as a social gathering area for residents.
The project development team includes award-winning design firms 5G Studio Collaborative, Domus Studio Group and Kimley-Horn & Associates; Centerpoint Builders serves as general contractor. Grand Campus Living will be handling leasing and management at the property.
Campus Vue is not Fountain Residential’s first project in Houston. The company also developed Vue on MacGregor, the first privately owned off-campus community for The University of Houston. Located at the intersection of MacGregor Way and Calhoun Road, right at the entrance to the campus, the complex offers 347 beds in one-, two-, three- and four-bedroom apartment homes. Vue on MacGregor is 100 percent pre-leased for fall 2015.
“University of Houston is shattering the conception of being a commuter school, and our success at Vue on MacGregor is clearly evident of that,” noted Trevor Tollett, vice president at Fountain Residential Partners. “UH is a Tier One Research University in the heart of an internationally known city, and part of the university’s success will be off-campus living options for its almost 40,000-student population. Currently there are only certain places near campus that make sense for these kinds of developments, and we think we have the two best sites in the market. We are proud to be a part of UH’s continued success and hope that what we are doing with Campus Vue and Vue on MacGregor will ‘raise the tide’ on all the great things going on both on and off campus.”
Specializing in student housing since 2000, Fountain Residential has completed well over $1 billion in new student housing construction across the country.Architecture/Design, Campus Vue, Conventional - Market Rate, Developers, Development, Financiers, Fountain Residential Partners, Houston Lead Story, Investors, Local, multi-family, National, off-campus housing complex, property management, Regional, Student, University of Houston, Vue on MacGregor