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Nov
23

Chance Partners LLC to Build Boutique College Apartments

By on Nov 23

Gone are the days of dorm rooms filled with concrete walls, shared bathrooms and limited space; according to an article in the Atlanta Business Chronicle, college kids are getting the chance to live a boutique, urban lifestyle now that Chance Partners LLC is developing high-end college apartments.

The one-year-old company’s student housing concept differs from some of the biggest players in the industry including Campus Crest Communities Inc. and American Campus Communities. Instead of seeking 20 acres of land on the outskirts of college towns to build 800-bed developments, Chance Partners will seek out one-acre sites in a city’s downtown area to build housing that is within walking distance of the nearby college campus.

Chance Partners has already complete two housing communities in Tallahassee, Fla., each with less than 40 beds. The company could bring the same idea to Georgia campuses such as The University of Georgia in Athens, Georgia State University downtown and Georgia Tech in Midtown.

This new project comes at a perfect time as The National Center for Education Statistics projects a growth in college enrollment in the midst of declining tax revenues that prevent state governments to build additional campus housing.

For more information about Chance Partners new college apartments, visit the

Atlanta Business Chronicle website.

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