Work Underway on 1,656-Bed University of Georgia Student Housing Venture
Core Spaces (Core) closed financing and broke ground on the Hub Athens Dougherty, a new 1,656-bed purpose-built student housing community located near University of Georgia set to deliver in 2028.
Multifamily News reports Hub Athens Dougherty will include 536 units and 1,656 beds across a mid-rise development, offering a mix of floor plans from studios to five-bedroom units, balancing premium layouts with more affordable options to serve a wide range of student needs. Amenities include more than 27,000 square feet of interior amenities and an additional 20,000 square feet of exterior amenity space, featuring study lounges, group study rooms, fitness and wellness areas, a resort-style rooftop pool, and common spaces designed to foster connection and community. Hub Athens will also have 16,000 square feet of retail space.
Key development and design partners include Mallory & Evans, JNS Realty, Northworks Architects. Construction is led by a joint venture between Core Spaces and Juneau Construction Company. Financing was provided by Affinius Capital and arranged by TSB Capital Partners.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout