BIRMINGHAM, Ala., Nov. 10, 2020 /PRNewswire-PRWeb/ -- A new modern, off-campus student housing community is coming to the University of Alabama Birmingham. Aptitude Development, a New Jersey student housing development firm, broke ground on The Marshall Birmingham at the end of October and will bring 409 beds throughout 200,000 Sq. Ft. to the Birmingham area.
Within walking distance of the University of Alabama Birmingham campus, The Marshall Birmingham is located at 1201 3rd Ave. South on the corner of 13th Street and 3rd Avenue South. The community will be a seven-story building and will boast 10,000 square-feet of amenity space including state-of-the-art fitness facilities, resident lounges, breakout areas, open-air social space, courtyards, and a pool with campus views and more.
"We've seen Birmingham evolve over the years and the demand for student housing has really flourished, when we saw an opportunity to develop a modern community within walking distance of the university, we took it," said Jared Hutter, Co-Founder Aptitude Development. "We're excited to expand the footprint of our brand and see The Marshall Birmingham come to fruition over the next two years as we focus on what our residents are looking for in an amazing location."
The Marshall Birmingham will help supplement the immense demand for more student housing for the University of Alabama Birmingham that has had a 30 percent enrollment surge for the past decade.
"Despite a time of uncertainty, Aptitude is happy to find a University that has enrollment continuing to grow and because of that has a major need for off-campus student housing," said Brian Rosen Co-Founder Aptitude Development. "To have The Marshall Birmingham within walking distance of campus will be a big benefit to UAB's students. To be connected to campus life while having their own modern community to call home will be a game-changer."
Aptitude Development has partnered with Stone Construction, BSB Design and CHA Engineering on this project. This is the fourth Marshall branded community that Aptitude Development has in the works. The other Marshall communities include The Marshall Syracuse in New York, The Marshall Louisville in Kentucky and The Marshall Arkansas in Fayetteville.
The Marshall Birmingham will begin pre-leasing in the summer of 2021 and will open for students in Summer 2022. For more information, please visit http://www.aptitudere.com.
About Aptitude Development
Aptitude Development is a New Jersey-based student housing development firm building ground-up student housing communities in strategically selected universities throughout the U.S. Aptitude has consistently delivered strong risk-adjusted returns to its investors through an ornate ability to create value in strategic land sourcing and taking the projects through the approval, design, construction, and operation phases. Aptitude currently has seven developments in its pipeline and rapidly growing. For more information, visit http://www.AptitudeRE.com.
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SOURCE Aptitude Development
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