The University of North Florida unveiled Osprey Ridge, a 165,000-square-foot, four-story building that cost $77.5 million. It has room for 520 beds.
The new residence hall, designed by PBK and constructed by Ajax Building Company, will be open to students this fall semester. It includes living areas, study space, a convenience store, outdoor amenities, and more. Osprey Ridge marks UNF’s first major housing expansion since 2009. Things are just getting started.
Further from the core of campus, the university has also leased 17 acres of university-owned land for a four-building residence hall with 250 units for approximately 700 beds.
That project will bring the university’s on-campus student housing capacity to around 5,000 beds.
Elsewhere on campus, the Coggin College of Business is in phase two of its $44.3 million expansion and merger with the adjacent Building 10, which has been under construction since 2023. A student support and services building in also in the plans.
The development team behind One Beverly Hills (1BH) said construction on the $10-billion luxury mixed-use project is proceeding ahead of schedule. The Beverly Hilton expansion structure topped out approximately 10 weeks ahead of schedule and one of the residential towers is progressing six weeks ahead. “This was accomplished while significant operations were maintained at The...
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Northwind Group has originated a $231-million first mortgage construction loan for 675 Third Ave., a 32-story, 337,000-square-foot office building in Manhattan’s Midtown East neighborhood that is slated for conversion into residential apartments. The conversion is being led by a joint venture between Nathan Berman’s Metro Loft Management and David Werner Real Estate Investments. Loan proceeds...
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Rental housing affordability declined in 82% of U.S. metropolitan areas between 2014 and 2023, with renters experiencing the equivalent of an average $256 annual reduction in income after accounting for changes in housing quality. That’s according to a new report released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America. The report, Housing...
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