16 Jun 908 Group and BCDC Announce the Start of FSU Student Housing Project
908 Group and BCDC are pleased to announce the start of their latest student housing joint venture, located adjacent to Florida State University in Tallahassee, Fla.
The Project marks the third partnership between the developers, leveraging their combined expertise to deliver exceptional Class A student housing.
Spanning 2.48 acres, the FSU Student Housing Project will offer 693-beds across 182-units, accommodating a wide range of preferences among prospective renters with best-in-class amenities and design.
“908 Group is excited to continue our successful partnership with BCDC and start construction on 908’s fourth student housing development in the College Town submarket of Tallahassee”, said Brad Wolfe, Managing Director of Development at 908.
“The Project boasts an ideal location within walking and biking distance to Greek housing, retail outlets, dining options, nightlife, classrooms and Doak Campbell Stadium,” said Litt Glover, President & CEO of BCDC. “This luxury student housing project will provide a comfortable and convenient living experience for Florida State University students.”
908 Group is a boutique real estate development services firm specializing in urban infill, multifamily and mixed-use projects. With a focus on creating highly unique properties and innovative, functional living spaces, it utilizes cutting-edge architecture, design, and technology to balance form and function.
BCDC is a leading co-investor in ground-up real estate development opportunities with best-in-class development and operating partners. In addition to equity, the firm provides financial stability, completion guarantees and other significant benefits to the development process, fostering long-term programmatic relationships.
The FSU Student Housing Project represents 908 Group and BCDC’s commitment to delivering exceptional living experiences for university students. The partnership aims to set a new standard in student housing quality and design with their combined capabilities.
Pacific Life Insurance Company is the primary lender, with preferred equity provided by Nationwide. Culpepper Construction Company is the general contractor, while Humphreys & Partners Architects will be the chief architect with Moore Bass Consulting providing Civil Engineering services.
The Project is expected to welcome its first occupants in August 2025, in time for the start of the 2025 school year.
About BCDC
Founded in 1963, BCDC is a wholly-owned subsidiary of Kajima USA. It is a fully integrated real estate organization providing development and capital solutions, primarily through partnerships on commercial real estate projects in the Southeastern United States. Based in Atlanta, Georgia, BCDC offers various real estate services, from development and construction to equity and credit enhancements to brokerage and property management. Learn more by visiting batsoncookdev.com.
About 908 Group
908 Group is a boutique real estate development services firm specializing in urban infill, multifamily and mixed-use projects. The firm’s focus is to create highly unique properties and innovatively functional living spaces through the utilization of cutting-edge architecture, design and technology. A primary point of emphasis is for each distinctive project to achieve a delicate balance between form and function. It focuses on developing institutional-quality apartment communities, concentrating on markets that exhibit underserved housing needs, while utilizing “best in class” planning and construction practices, emphasizing high-end finishes, distinctive design elements and a full complement of amenities. Visit www.908group.com for more information about the firm.