LAFAYETTE, IN (October 28, 2015) Trinitas, a premier owner, investor, developer, builder and manager of high-quality commercial real estate and student housing communities, recently broke ground on a luxury, student housing project located in downtown Indianapolis. The Collegiate, a 193-unit, 669-bed property will reside on 2.8 acres of land at the northeast corner of West Michigan Street and North Capitol Avenue and will feature a mix of one, two, three and four bedroom apartments. Each fully furnished unit will include spacious bedrooms with private bathroom suites, walk-in closets, a washer and dryer unit and high-speed internet with wireless capabilities.
The complex, designed by Ratio Architects, includes two buildings ranging from five to eleven stories and is anticipated to open in August 2017. It will boast 3,100 square-feet of retail space and 370,000 square-feet of luxury amenities including a five-level parking garage, outdoor courtyard with a basketball court and resort-style pool and sundeck with water volleyball and grilling stations. Student residents will have access to a 5,196 square-foot, all-inclusive club house which will feature a state-of-the-art fitness center, free tanning, a computer café, private study lounges, gaming stations and large screen TVs.
“The Collegiate is ideally located for the IUPUI student, near campus and walking distance to the amenities of downtown,” said Travis Vencel, Vice President of Development at Trinitas. “We have put a lot of effort in designing a property that will complement the downtown Indianapolis market and are very excited about the potential of this market.”
Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages $400 million in student housing assets consisting of more than 4,800 student housing beds. The privately held real estate development company is currently developing over $205 million in student housing assets consisting of over 2,000 beds for 2016 and 2017 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.