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Park West

Texas A&M University


College Station, TX


Park West is an on-campus, mixed-use, Class A student housing community on Texas A&M University System land in College Station. The development brings 3,406 beds in studio, one-, two-, three-, and four-bedroom apartment configurations.


Park West is the largest student housing development ever delivered under a P3 structure in the United States. Financed via long-term, tax-exempt bonds at a low interest rate, the project is expected to generate $600M for the University over the term of the ground lease.


The development combines many of the best aspects of on-campus housing, such as student community space, residence life programming, study spaces, and the social amenities that have become both common and expected in off-campus developments. Amenities include fitness centers, coffee shop, convenience store, and three resort-style pools and spas.

Project Details

Institution 

Public 


Progress 

Completed 


Size

3,406 beds / 1,320 units


2,248,820 SF


Project Timeline

Start: July 2015


Completion: August 2017
 

Transaction Structure

Tax-Exempt revenue bonds 

(permanent lender)
 

Cost  

$371,100,000
 

Key Team Members

Architect: 

PGAL


General Contractor: 

Weitz


Financing: 

Raymond James

Servitas

5525 N MacArthur Blvd suite 900, Irving, TX 75038, USA

972.759.1600

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