Fountain Residential Partners News

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Jones Lang LaSalle Incorporated : Equity secured to develop Dockside mixed-use lakeside student housing

JLL Capital Markets announced today that it has arranged $23.335 million in joint venture equity for the development of Dockside Clemson, a to-be-built, lakefront 630-bed student housing community serving Clemson University in Clemson, South Carolina.

JLL worked on behalf of Fountain Residential Partners to secure the equity through CrowdStreet, Inc.

Anticipated to deliver in fall of 2022, Dockside Clemson will offer 200 student housing units in four-story residential structures alongside 22,164 square feet of ground floor retail. Units will be available in studio, one-, two-, three- and four-bedroom layouts averaging 1,206 square feet each. Dockside will offer an upscale living experience with fully furnished units, each offering a private bathroom per bedroom, high speed internet, walk in closets and 55′ HD flatscreen tv’s in the living areas. Additionally, the retail space will boast two signature restaurants. Community amenities will include a fitness center, pool, parking, tech lounge, dock access and live music along the lake front.

Dockside Clemson sits on approximately 460 feet of waterfront on Lake Hartwell and is the only student housing community with waterfront access in Clemson. Situated less than one mile north of Clemson Tiger’s famous ‘Death Valley’ football stadium, the property exceptional visibility along Tiger Boulevard and Highway 123 and offers direct access to the CATbus Seneca Express Line with service to campus and the surrounding communities.

Read More, from the original article:
https://www.marketscreener.com/quote/stock/JONES-LANG-LASALLE-INCORP-13180/news/Jones-Lang-LaSalle-Incorporated-Equity-secured-to-develop-Dockside-mixed-use-lakeside-student-hous-32126809/