U Square @ The Loop Takes NAA’s Best Student Housing Award

At the start of May, the National Apartment Association (NAA) announced the 2014 PARAGON award winners. This annual awards program recognizes the multifamily housing industry’s top communities, executives, employees and affiliate programs. One important Cincinnati development was among this year’s winners.

A Cincinnati student housing development is among this year’s winners in the National Apartment Association’s annual PARAGON awards. U Square @ The Loop won the award for best student housing community in the annual awards program, which recognizes the multifamily housing industry’s top communities, executives, employees and affiliate programs.

A joint venture between Al Neyer and Towne Properties started work on the development in 2012. At a cost of $78 million, the project was the second largest besides The Banks to break ground in Cincinnati since the recession.

The LEED certified community opened last August on a 4.2-acre site between McMillan Avenue and Calhoun Street, just south of the University of Cincinnati. U Square @ The Loop features 80,000 square feet of retail space, 40,000 square feet of office space, 161 studio units, one- and two-bedroom apartments, a community green and two structured parking garages with more than 700 spaces. According to the community’s website, apartments rent for between $820 and $2,500 per month. Amenities include a club room, a fitness center and outdoor terraces.

This year’s winners will be recognized on June 21 during the 2014 NAA Education Conference & Exposition in Denver. U Square @ The Loop is also a candidate for the NAA Community of the Year award. The winner will be selected from the winners in other categories.

In addition to U Square @ The Loop’s award, the NAA also named Access Property Management’s Michael Markus of Cincinnati the Certified Apartment Maintenance Technician of the Year.

 

Photo credits: U Square @ The Loop