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New Student Housing Coming to Knoxville

By: Steve Goldman, CCIM

the knox, student housing, knoxville, tnThe Knox, a new apartment complex located at 1505 Clinch Ave., is being developed by student housing developer/owner-operator Campus Advantage. The complex, which will open to serve students in fall 2016, will feature 2 buildings, garage parking and 9 floors of residential space. The 382-bed community will offer 3-, 4- and 5-bedroom apartments.

According to President & CEO Mike Peter in Campus Advantage’s press release, the company worked closely with the city’s Historic Preservation Office and the Historic Fort Sanders Neighborhood Association to develop a project “that will be a win-win for the neighborhood and the campus alike.”

The fully furnished apartments will feature a 42-inch TV in the living room, wood-style flooring in the common spaces, in-unit washer and dryer, cable, internet and more.

rebusinessonline.com says that common-space amenities will include a cyber cafe and computer bar, lounge with fireplace and large-screen TVs and  fitness center. Students will also have access to a roof deck with grills, water features, a theater area and hammocks.

Pinecrest Partners will provide equity for the project.

Read more at rebusinessonline.com

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