Landmark Properties Announces Development of The Mark Tampa: A New Student Housing Community Set for 2027-28 Completion
Landmark Properties Breaks Ground on New Student Housing Community in Tampa
Tampa, FL – In a significant boost to the local real estate market, Landmark Properties, in partnership with Canyon Partners Real Estate and Peninsula Investments, has officially acquired a 4.31-acre site at 2700 University Square Drive. This prime location will soon be transformed into The Mark Tampa, an expansive 807-bed student housing community, with construction set to begin immediately.
The ambitious project aims for completion by the 2027-28 academic year, providing much-needed housing for students attending the nearby University of South Florida (USF). Landmark Construction will oversee the construction, while TSB Capital Advisors has facilitated the financing arrangements, with Kennedy Wilson stepping in to provide the construction loan.
Spanning over 270,500 square feet, The Mark Tampa will feature a diverse array of 215 units, ranging from studios to five-bedroom apartments. Each unit is designed with modern amenities, including quartz countertops, stainless steel appliances, in-unit laundry, and hardwood-style laminate flooring. Select units will also offer private balconies, enhancing the living experience for residents.
The development promises to be more than just a place to live. A robust 25,000 square feet of amenity space will cater to students’ lifestyle needs, featuring a rooftop pool deck, grilling area, clubhouse, sports simulator, sauna, and an indoor/outdoor fitness center. Additionally, dedicated computer labs and study areas on each floor will support students in their academic endeavors.
The Mark Tampa will also include 988 square feet of ground-floor retail space and ample on-site parking for approximately 647 vehicles, ensuring convenience for residents and visitors alike.
This project marks Landmark Properties’ fourth venture in the Tampa market, adding to its existing portfolio of 1,930 beds across three properties. For Canyon Partners, this is the eighth student housing investment in the past five years, while Peninsula Investments is making its debut in the Tampa market with this project, representing its 47th student housing investment overall.
Jason Doornbos, Chief Development Officer at Landmark Properties, expressed enthusiasm for the project, stating, “Landmark is excited to announce the development of The Mark Tampa in partnership with Canyon and Peninsula. The Mark’s unparalleled amenities and prime location just south-west of the USF campus, near a multitude of dining and entertainment options, will make the community an attractive housing option for USF students.”
As the demand for student housing continues to rise, The Mark Tampa is poised to become a cornerstone of the local community, offering students a vibrant and supportive living environment.