Landmark JV to Kick Off Charleston Student Project
The partnership acquired the site of a future 335-bed community.
A joint venture between Landmark Properties and Henderson Park has acquired a 1.2-acre site in Charleston, S.C., for the development of The Mark Charleston project. The student housing community will comprise 335 beds across 99 units.
The development team includes general contractor Landmark Construction and architect GreenbergFarrow. The property is expected to come online in time for the 2027 academic year.
The six-story building will rise at 500 E. Bay St., on the current site of Blanken/Matson House. The historic property will be relocated and revitalized into a new 1,200-square-foot study space to be named The Library.
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When complete, the community will comprise a mix of studio to six-bedroom units, along with 1,200 square feet of retail space. Its amenities, slated to span more than 18,000 square feet of amenities, will include a clubhouse, rooftop decks, a swimming pool, a grilling area, a lounge and outdoor recreation areas. The community is also set to have a fitness center, computer lab and study areas.
The site is the city’s downtown, adjacent to the Harbor Walk – College of Charleston campus. Charleston International Airport will be 12 miles northwest.
Landmark’s recent student inventory expansion
Landmark Properties’ portfolio comprises 115 residential communities and 72,000 beds totaling more than $15 billion in assets under management. Additionally, the firm has more than 50 student housing developments and multifamily projects underway.
In October, Landmark acquired an 11-acre site in State College, Pa., in collaboration with Golden Primera and Peninsula Investment. The 546-bed student housing project dubbed The Retreat at Westerly will serve Pennsylvania State University.
A month earlier, the firm partnered with Liberty Mutual Investment to acquire and develop two student housing communities in Pennsylvania and Connecticut. The two projects are set to comprise a combined 1,255 beds.
