868 Bedroom Student Complex Planned for AL 69 South
Developer Stan Pate (ugh...) announced that a 262 unity, 868 bedroom student housing complex will be constructed on AL 69 South. Units will be high end, with the entire project costing a total of $40 Million. It is being developed in conjunction with Avalon Partners LLC.
It will be constructed on a 20.5 acre site at the intersection of Kauloosa Ave and AL 69. It will feature 21 separate 4 story buildings.
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This announcement comes on the heals of a housing development announced near DCH that will be 337 units and 774 beds.
In total, these projects are expected to make up for the loss of student housing that was experienced during the April 27th tornado. Plus, both of these should help in the redevelopment of the tornado path. Hopefully, the city is already planning for these new developments and will implement a plan to wrangle in the new traffic, pedestrians, and business developments.
All in all, these projects will house anywhere from 1600 to 1650 students.