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Asset Campus Housing Opens First of its Kind Mixed Use Student Housing Development in College Station, Texas

The Lofts at Wolf Pen Creek Grand Opening

Asset Plus Companies
College Station, Texas
Aug 12, 2009

Managed by Asset Campus Housing, a division of Asset Plus Companies, The Lofts is located in the heart of the Wolf Pen Creek Corridor; a 8.6 acre mixed use student housing development which is unlike anything else in College Station. The upscale 683-bed student housing community features the major components of a successful pedestrian-orientated development.

And students have responded positively to this innovative development. Asset Campus Housing began leasing the property in October of last year and over 90% of the Lofts at Wolf Pen Creek is leased.

The area encompasses the Wolf Pen Creek Park and Trails, which provides miles of trails and serves as a natural wildlife sanctuary. The unique environment makes this student housing community one of a kind in its class, being integrated around beautifully landscaped parks and streetscapes.

The 8.6 acre site plan responds to the surrounding constraints by providing an evocative and economic design solution. The four-story stucco and brick structure offers a mix of 264 stacked flats and townhouses arranged around landscaped courtyards, adjacent to a six-level structured parking garage and above the retail and community area.

The Lofts at Wolf Pen Creek features grade-level 9,000 square feet of retail space, a dedicated Texas A&M metro shuttle stop, and three private courtyards. Surface parking also will be offered along the perimeter of the community for guests and retail customers. Fronting the retail, the principal corner area will provide a community with a sense of place and destination. A grand water feature, a commissioned local artwork and an outdoor cafe will emphasize the environment unique to this location.

Next to the commercial space, a 13,600 square-foot, state-of-the-art clubhouse will offer a game room, a theatre with stadium seating, a Wi-Fi Internet Cafe and business center, a cardio room mezzanine over looking a state of the art health and fitness center and tanning rooms. The main courtyard will feature a resort-style pool and spa with water features, an outdoor fireplace, kitchen and lounge areas.

One-, two-, three-, and four-bedroom units will range from 544 square feet to 1,575 square feet.

Two-bedroom/two and-a-half bath townhouses will offer 1,035 square feet of space. The floor plans include soft-loft design features such as minimal exposed duct work, stained concrete flooring and track lighting. Apartments will be fully furnished and include flat panel HD TVs.

Asset Plus Companies is a real estate asset management company specializing in maximizing value and revenue generation for property owners, developers and investors of multi-family, student housing, office, and retail properties. Asset Plus Companies services include property management, real estate asset management, development, acquisitions/dispositions, leasing/marketing, financial analysis, construction supervision, accounting, and REO/Receivership. Founded in 1986, Asset Plus Companies currently oversees a portfolio of 175 properties nationwide including 22,000 residential multifamily units, 21,000 student housing beds, and 2.5 million square feet of office and retail property. In 1998, Asset Plus Companies created Asset Campus Housing which has quickly become one of the largest privately owned student housing companies in the nation.

For further information: Cheryl Perry

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