Item Name: Ground Lease and Related Agreements for Development of New Student Housing at the Polytechnic Campus (ASU)April 10th, 2019
FiledApril 10th, 2019 Capstone, a leading developer and manager of on-campus housing in partnership with universities, and Harrison Street, one of the largest real estate investment firms dedicated to the education sector, acquired Century Hall on the Polytechnic campus, and the rights to develop the next phase of housing, in July 2018. The current project consists of new student housing to replace aging former military base housing where sophomores, juniors and seniors currently reside. This facility will be located adjacent to Century Hall, where Polytechnic freshmen reside in the heart of the campus, as depicted in Exhibit A.