The Bainbridge Companies Develops 524-Bed Student Housing Community in Urbana, Illinois
URBANA, IL – National multifamily housing developer The Bainbridge Companies is expanding its footprint into the Midwest with development of Campus Circle Urbana, an amenity-rich 524-bed student housing community with 181 rental apartments located directly across the street from the University of Illinois in Urbana, IL.
Based in Wellington, Florida with additional offices on the East Coast, Bainbridge has developed, acquired, and repositioned multifamily properties in Florida, North Carolina, New York, Maryland, Virginia, and Washington, DC. In 2012, the company delivered Campus Circle Tallahassee near Florida State University, which later won the Multi-Family Executive award for Exceptional Student Housing.
Bainbridge’s latest development not only expands its student housing footprint into a new region, but also launches an innovative, highly-amenitized, technology-driven community designed to appeal to today’s discerning students who want to live in walking distance to a major university.
“We believe there is strong demand for full-service student housing with pedestrian access to larger universities,” said Thomas J. Keady, President and Chief Operating Officer of The Bainbridge Companies. “This location offers a myriad of opportunities for learning, culture, recreation, social interaction, and personal growth. To appeal to potential residents, we are incorporating a wide range of amenities that reflect how people live today and the increasing importance of technology in their lives.”
Located at 1008 West University Avenue, Campus Circle Urbana is just steps from the prestigious University of Illinois Engineering School and two computer science centers. With a design inspired by the retro “speakeasy” feel of Chicago’s popular restaurants and clubs, Campus Circle Urbana is scheduled to deliver starting in December 2015.
About The Bainbridge Companies: Founded in 1993, Bainbridge is a fully-integrated family of real estate companies engaged in the development, construction, management, acquisition and disposition of residential and commercial real estate. With more than 100 years of combined experience, the Bainbridge principals have developed, redeveloped, and/or repositioned more than 35,000 multifamily units. The firm’s full service real estate platform includes asset and property management, leasing, sales, marketing, renovation, construction and development. Based in Wellington, Florida, Bainbridge also has offices in Orlando, FL, North Carolina, the Washington, D.C. metro area, and New York tri-state region.