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Role

RPL provided development oversight services on behalf of an insurance carrier equity group.

Unique Approach

• Excavations and foundations dealt with variable underground conditions
• Modern exterior design and interior finishes
• Located downtown with campus literally across the street

Outcomes

• Apartments leased up very quickly by students prior to building being completed
• Students loved the fun amenities

Scope of Work

Development of a new high-rise apartment complex purpose-built for student housing and ground floor retail space located across the street from Penn State University’s main campus.

Project Summary

• Client: Equity investment group within top-tier insurance company
• Location: State College, PA
• Size: 575 beds, 20,000 SF
• Timeline: 2017 to 2018
• Services: Development Oversight
• Cost: $87 million
• Architect: Shepley Bullfinch
• Contractor: Leonard S. Fiore