Student housing projects in Fayetteville

FAYETTEVILLE — We have received inquiries from several residents seeking a comprehensive guide to the student housing projects that have recently emerged in the city.
Student housing is not a novel concept in Fayetteville, given our status as a college town. However, several projects have been proposed within or near downtown over the past few years, making it challenging to keep track of their progress.
For the purpose of this report, we have focused on large-scale, multistory complexes that typically comprise one to four bedrooms with their own bathrooms. These structures usually feature a shared parking garage on the property, rather than single-serve garages for individual units. Buildings with more conventional floor plans, such as microlofts that have one bedroom and bathroom per unit, have been excluded from this analysis.
The city has recently enacted regulations that permit these types of projects only with a conditional land use permit from the Planning Commission.
The information presented in this report has been compiled through a combination of sources, including city staff, past articles, and direct communication with the development teams responsible for these projects. Due to the complexity of these projects, we have endeavored to provide the most recent updates on their progress.
A new student housing project can become publicly known through several avenues: the developer may request a zoning change for the property (as was the case with the Core Spaces project on the south side of Center Street), obtain a conditional land use permit from the Planning Commission (as was the case with a project in development at Elm Street and Leverett avenues), or submit a development plan to the city (as was the case with the project proposed by Trinitas Ventures for the top of Dickson Street).
The projects have been categorized based on their general location and current status. The initial section presents projects that are currently in active development within or near downtown. Subsequently, we provide a summary of projects proposed for downtown that have been either rejected by the City Council or the Planning Commission.
Although the proposed downtown student housing projects garner significant public attention, it is important to note that other student housing initiatives are currently underway in various parts of the city. For instance, the former Marinoni farm situated near Interstate 49 and Wedington Drive is undergoing two student housing projects.
Furthermore, we would like to provide an overview of the existing student housing projects in the city. Approximately 20 student housing facilities have been constructed since the late 2000s or early 2010s.

For more details on individual projects, contact Mason Capital Group Real Estate Investment & Trust

Original article:  Fayetteville Flyer, by: Stacy Ryburn