Landmark Properties Inc.

08/16/2024 | Press release | Distributed by Public on 08/16/2024 10:12

Landmark Properties Debuts The Metropolitan Tallahassee

Nation's Leading Student Housing Developer Delivers Luxury Mid-Rise Community

Near Florida State University Ahead of 2024-2025 Academic Year

ATHENS, Ga. (August 16, 2024) - Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, investment management, and operation of high-quality residential communities, announces the delivery of The Metropolitan Tallahassee, a 702-bed, 217-unit mid-rise student housing development at 1701 West Pensacola Street in Tallahassee, Florida.

The project, a partnership between Landmark Properties and Atlantic American Partners, will commence move-ins this month, welcoming students attending area universities including Florida State University, Florida A&M University and Tallahassee Community College for the 2024-2025 academic year. The Metropolitan Tallahassee is 0.5 miles from the west side of the university's campus, offering quick access to athletic and academic facilities.

Designed by Dwell Design Studio, with Landmark Construction, the in-house construction arm of Landmark Properties, serving as general contractor, The Metropolitan Tallahassee offers a range of two- to four-bedroom units across five floors.

"We are excited to open doors on The Metropolitan and add to our portfolio serving FSU and Tallahassee-area colleges," said Wes Rogers, President and CEO of Landmark Properties. "The Metropolitan Tallahassee, which is 98% leased ahead of the coming school year, offers the highly sought-after elements that residents desire, such as proximity to campus, fully furnished units, and a unique, robust amenity package."

The Metropolitan Tallahassee provides residents with fully furnished apartments that are pre-wired for high-speed internet and cable. Apartments feature stainless-steel appliances and quartz countertops, as well as in-unit laundry. The building offers resort-style amenities such as an outdoor swimming pool, jumbotron, outdoor recreation and grilling areas, a gaming lawn, putting green, and fitness center. Study centers and onsite parking are also available to residents. Additionally, a number of dining, retail and entertainment options for residents are nearby.

In addition to The Metropolitan, Landmark owns and operates three other properties in the market including The Standard at Tallahassee, The Nine at Tallahassee, and Saga Tallahassee. The company is currently under construction on The Mark Tallahassee.

About Landmark Properties

Headquartered in Athens, Ga., with an office in Atlanta, Landmark Properties is a fully integrated real estate firm, specializing in the acquisition, development, and management of high-quality residential communities. With nearly $14 billion AUM, Landmark's portfolio includes over 115 residential communities across the country with 72,000 beds under management. Additionally, Landmark benefits from an active development pipeline with 23 student and multifamily projects under construction or near term start with an estimated value of over $5 billion. Landmark's mission is to be the leader in development, construction, operations, and investment management of high-quality residential communities, delivering unrivaled service and experience to our residents, partners, and employees. For more information, visit www.landmarkproperties.com.

Media Contacts:

Landmark Properties/Landmark Construction

Great Ink Communications - (212) 741-2977

Lindsay Church, Sara Williams, Eric Gerard

[email protected]