Student Housing: North Carolina developer proposes student housing complex in Fort Collins

A North Carolina-based development company has plans for a 12-building student housing complex on a 30-acre site in central Fort Collins.

Campus Crest Development plans to build a dozen buildings with varying apartment sizes that could potentially be home to 600 students in the coming years. The project, which would be just south of the Gardens on Spring Creek and west of the Natural Resources Research Center on Centre Avenue, also would include a hospitality center, a study lounge, a cafe, game room and fitness center. The deal has the developer leasing the property from the CSU Research Foundation, which would continue ownership.

This is the first proposed development for this vacant plot of land, said city planner Steve Olt. City staff has all signed off on the project and plans to recommend approval to the Planning and Zoning Board at its Oct. 21 meeting. The proposal would not have to go before the Fort Collins City Council unless there is an appeal of the board’s decision, Olt said.

In 2006, Campus Crest built an $18 million, 192-unit student housing project in Evans capable of housing more than 500 students.

The P&Z board will meet at 6 p.m. on Oct. 21 at City Hall, 300 Laporte Ave. in Fort Collins.

[ncbr.com]

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