Welcome to the Asset Campus Housing Company News section. Here you will find frequently updated news and events regarding our student housing properties, employees and clients.
Feel free to share your thoughts and comments, as we join together with developers across the nation in an effort to foster innovative campus housing.
Posted on May 21, 2010 | Tagged in: Untagged
Multifamily Executive released this year's MFE Top 50 Managers list last week and Asset Plus Companies ranked #38.
Posted on May 18, 2010 | Tagged in: Untagged
Asset Plus Companies Named to MDU Hall of Fame
It takes more than a village to bring state-of-the-art broadband to multiple-
dwelling-unit structures. It takes visionary action, top technology and extra dedication to customer service. Our latest honorees also had to excel in a vicious economic downturn.
Posted on May 17, 2010 | Tagged in: Untagged
Asset Plus Companies has announced the ground breaking for 25Twenty, a student housing development in Lubbock, Texas. Managed by Asset Campus Housing, 25Twenty is located on a 3.6-acre site adjacent to Jones AT&T Stadium, home of Texas Tech Red Raider football. The upscale 562-bed student housing community will feature the major components of a successful pedestrian-orientated development. “This project will be much like The Lofts at Wolf Pen Creek development, which we completed last fall in College Station, Texas,” according to Company President Michael S. McGrath. “The Lofts at Wolf Pen Creek was 97% leased when it opened last year and is leading the market this year in pre-leasing as well,” added McGrath.
25Twenty will be a four-story stucco and brick structure which will offer a mix of 249 units arranged around two beautifully landscaped courtyards. The main courtyard will feature a sunning ledge, a grand resort-style pool with water feature, outdoor BBQ kitchen and hammock area. Not to be outdone by the larger courtyard, the second courtyard will hold its own and highlight a pro-style sand volleyball court, competition horseshoe pit and an area to kickback and relax around an outdoor fire pit.
A 9,600 square-foot clubhouse will offer a game room packed with amenities and featuring a golf simulator. Other amenities will include a theatre with stadium seating, a fully equipped Internet Café, business center along with private breakout study rooms, tanning room and a premier exercise facility.
One-bedroom/one-bath, two-bedroom/two-bath, and four-bedroom/four-bath units will range from 571 square feet to 1,704 square feet. Floor plans feature an open concept design, reinforced by 10-foot ceilings on the ground floor. All units will be fully furnished and will include washer and dryers, high-speed internet and flat panel HD TVs with DVR service. Modern kitchens will include stainless appliances, pendant lights, granite countertops and islands with seating.
25Twenty is only part of an overall redevelopment of the northwest corner of Marsha Sharp Freeway and University Avenue (formerly the Town & Country shopping center). Tao Development Group, LLC, a Texas Tech Alumni owned company, is building a new eleven story mixed-use parking garage containing both retail and restaurant space. Residents of 25Twenty will park in the garage and utilize a sky bridge connecting both developments.
