Asset Campus to Manage TX Student Housing
The $34 million San Marcos project will feature 510 beds and 32,000 square feet of retail space, with Tiff’s Treats, McAllister’s, Summer Moon Coffee Bar and Blaze Pizza among its tenants.
After taking over the management of a 158-unit student housing community in Austin, Texas, Asset Campus Housing has been selected to manage Lyndon at Springtown, an upcoming 236-unit property in San Marcos, Texas. The off-campus community will serve students at Texas State University. According to the San Marcos Record, Endeavor Real Estate Group’s investment in the project is estimated at $34 million.
Located at 200 Springtown Way, the five-story building will offer fully furnished units with personal desks, storage, walk-in closets and private bathrooms in every bedroom. Additionally, the community will feature nearly 32,000 square feet of ground-floor retail space. Hopdoddy, Tiff’s Treats, McAllister’s, Gold’ Gym, Summer Moon Coffee Bar, The SPOT and Blaze Pizza will be among the property’s tenants.
Common-area amenities will include:
- swimming pool with outdoor kitchen
- recreation with media wall
- fitness center
- outdoor game area
- lounge space and poolside cabanas
- sand volleyball court
- outdoor fitness area
- outdoor study lounge
Upon completion in mid-2019, Lyndon at Springtown is set to offer 510 beds, as well as a residential parking garage. The mixed-use property is situated approximately 1.6 miles away from the university.
Image via Google Street View