Landmark Properties, in collaboration with Manulife Investment Management, is set to construct a new student residential facility in Knoxville, Tennessee. The facility, known as The Mark Knoxville, will be the company’s second project in a build-to-core joint venture with Manulife Investment Management. The construction of the building will commence in June this year, with Landmark Construction serving as the general contractor.
The Mark Knoxville, which is expected to be completed in August 2025, will comprise of studio to five-bedroom units, each with a private bathroom, a gourmet kitchen, stainless steel equipment, and quartz countertops. Community amenities will include a rooftop pool, a study area, a pickleball court, a fitness facility, and 24,000 square feet of courtyard amenity space. The property will also feature parking garages, a shuttle bus, grilling areas, and hammock groves for residents to use.
The student housing facility will be located adjacent to Neyland Stadium, and it will be a few minutes’ walk from the University of Tennessee campus. Additionally, several shopping and food options are available along Cumberland Avenue, which adds to the convenience of the property’s location.
About Landmark Properties and the Mark Knoxville Student Accommodation
Landmark Properties is one of the top developers of student housing in the United States with a record number of properties under construction, totaling $4.7 billion and $1.1 billion in development starts. The company has 22 ongoing projects and expects to finish constructing more than 38,762 beds between 2023 and 2026.
Some of Landmark Properties’ recent real estate development projects include The Mark Philadelphia, a 909-bed student housing community in close proximity to the University of Pennsylvania and Drexel University, The Standard at Dinkytown, a 1,021-bed student housing development near the University of Minnesota, and a 1,500-bed housing complex that the company intends to build near the University of Southern California after purchasing a 4.5-acre site for $114.8 million earlier this year.
FAQs
What is The Mark Knoxville?
The Mark Knoxville is an 834-bed student housing facility that Landmark Properties and Manulife Investment Management will construct in Knoxville, Tennessee.
When will construction of The Mark Knoxville begin?
The construction of the facility will start in June 2021.
What amenities will The Mark Knoxville offer?
The Mark Knoxville will include a rooftop pool, a study area, a pickleball court, a fitness facility, and 24,000 square feet of courtyard amenity space, among other amenities.
What universities are located close to The Mark Knoxville student accommodation?
The residence is situated a few minutes’ walk from the University of Tennessee campus.
