Gilbane Development to construct 5 student housing communities for $400M

Octave Student Housing at-University of Illinos Urbana Champaign

 

The new projects, including in Arizona, will include 3,500 beds.

By Gail Kalinoski | Multi-Housing News

Gilbane Development Co. is spending more than $400 million on five new student housing communities with more than 3,500 beds in Illinois, Maryland, Arizona, Oregon and Georgia.

All the buildings are expected to be open by fall 2020, except for Octave at University of Illinois Urbana-Champaign, which is scheduled to begin operating in fall 2019.

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