New Student Housing Development in Ann Arbor Begins Construction

News Summary

CRG and Shapack Partners are moving forward with the construction of Chapter Ann Arbor, a 19-story student housing facility located near the University of Michigan. Set to provide 183 units and 625 beds, the project aims for completion by 2027, accommodating diverse living needs and offering modern amenities. This development addresses the increasing demand for quality student housing close to university campuses, continuing CRG’s commitment to enhancing student living experiences across the nation.

CRG and Shapack Partners Announce New Student Housing Development in Ann Arbor

CRG and Shapack Partners have successfully closed on financing for a significant new project in Ann Arbor, Michigan. The development, named Chapter Ann Arbor, is set to transform the local landscape with its 19-story high-rise, providing essential housing options for students attending the University of Michigan.

Details of the Development

Located at 1201-1213 S. University Ave, the building will consist of 183 apartments offering a total of 625 beds. This strategic choice of location places the project just one block away from the University of Michigan’s central campus, making it an attractive option for students seeking convenience and accessibility.

The construction of Chapter Ann Arbor is scheduled to commence in August 2025, with an expected completion date in 2027, just in time for the start of the academic year. The building will feature a diverse mix of living arrangements, including studios, two-bedroom, four-bedroom, and even five-bedroom fully furnished apartments that cater to a variety of student preferences.

Modern Amenities and Community Spaces

To enhance the living experience, the development will include a plethora of common-area amenities designed to promote health, wellness, and community interaction. These amenities will encompass:

• A fitness center
• A wellness studio
• A sauna
• Study lounges
• A library
• First-floor retail space
• Private collaboration rooms
• A rooftop patio equipped with fire pits and grilling stations
• A hot tub

These features are poised to create not only comfortable living arrangements but also a vibrant community atmosphere where students can relax, study, and socialize.

Design and Construction

The building will be brought to life by Lamar Johnson Collaborative, an architecture and design firm that is a subsidiary of Clayco, CRG’s parent company. Their involvement ensures the project aligns with contemporary design standards while meeting the needs of modern-day students. For the construction of the Chapter Ann Arbor development, Findorff, a general contractor based in Madison, Wisconsin, will oversee the building process, adding further expertise to the project.

Addressing Housing Demand

This new development is part of CRG’s extensive national portfolio and reflects a growing demand for high-quality student housing near major university campuses. CRG’s student housing portfolio boasts over 40,000 beds across more than 80 markets, indicating the firm’s robust experience in this sector. Previous Chapter-branded communities have seen successful completions in cities such as Madison, Wisconsin, and Eugene, Oregon.

Current Developments in Ann Arbor

In addition to Chapter Ann Arbor, there are currently three other student housing projects under construction that will enhance the accommodation options available for students at the University of Michigan. These developments are expected to increase the local inventory by an additional 2,270 beds, further addressing the demand for student housing in the area.

The Chapter Ann Arbor project exemplifies a commitment to providing students with quality living spaces that foster community while addressing the immediate needs of the increasing student population in Ann Arbor. As the region continues to grow, developments like this are crucial for meeting housing demands efficiently and sustainably.

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Additional Resources

• Connect CRE: CRG & Shapack Close on Development Site for Michigan Student Housing
• Wikipedia: Student Housing
• Yield Pro: Chapter Ann Arbor
• Google Search: Student Housing Ann Arbor
• MLive: Boutique Hotel Meets Student Housing Next Ann Arbor High-Rise
• Google Scholar: Student Housing Ann Arbor
• Multi Housing News: CRG & Shapack to Kick Off Student Project
• Encyclopedia Britannica: Student Accommodation
• Rebusiness Online: CRG & Shapack to Build 19-Story Student Housing Tower Near University of Michigan
• Google News: Student Housing University of Michigan