By Gabriela Rico | Arizona Daily Star
A second crane has moved in on North Park Avenue near the University of Arizona as construction begins on a new high-rise complex for students.
Called Park Avenue, the project is the second for Chicago-based Campus Acquisitions, which is also developing the neighboring tower known as Level – set to open this fall.
The two towers will provide nearly 1,000 bedrooms for student housing. Both complexes will feature rooftop swimming pools.
Mike Derkenne, one of the owners of Beal Derkenne Construction, said crews working on Park Avenue are currently excavating to build a two-story underground parking garage. The complex is expected to open for the fall 2014 semester.
The 13-story tower at 1031 N. Park Ave. will have 165 units with 393 beds, retail shops, exercise and study rooms.