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CAPSTONE COLLEGIATE COMMUNITIES

Capstone Collegiate Communities, also known as “C3,” is the new Off Campus/New Construction company that was recently formed as part of the restructuring of Capstone Development, the most active and experienced developer of student housing facilities in the country for more than 23 years.  We specialize in the development, construction and management of high-quality student housing developments in close proximity to major colleges and universities across the country.

The three principals of C3, Rob Howland, John Vawter and Ben Walker, were key personnel in Capstone Development who were integral to the success of the off-campus/new construction developments Capstone successfully delivered over the years. Collectively they bring years’ worth of valuable student housing experience and knowledge to this new division. Their development experience reflects over $3.0 billion in project value and 61,919 beds.

C3 is made up of three distinct companies, each solely focused on one area of the student housing niche:

  • Capstone Collegiate Communities, LLC - Development
  • Cottage Builders, Inc. – Construction
  • Capstone Properties, LLC – Management

Specifically, C3 focuses on three types of student housing: 1) Cottages – “new urbanism” style residential neighborhoods, 2) Lodges – higher density communities, and 3) Lofts - in-fill developments that often include structured parking. Each of these developments represents a different type of charming and appealing residential facility. These range from free-standing houses, townhomes and flats, providing one to six bedroom living arrangements each with bed/bath parity. Our developments also include top of the line amenities that offer a unique lifestyle for students including features such as scenic lakes, walking trails, open green spaces, Frisbee golf courses, dog parks, basketball, tennis, volleyball and bocce ball courts, and resort-style pools. There are also attractive and comfortable community buildings that offer gathering places, state-of-the art fitness facilities, tanning salons, theaters, saunas, steam rooms and both community and private study rooms.

Because we approach every development opportunity as new and unique, we maintain flexibility and innovation throughout the predevelopment, design, and development phases which allows us to deliver the best possible product in each and every market. In Capstone Development’s long history, we have worked with many partners including the schools themselves, city governments, and public-private/non-profit organizations to successfully meet the goals and objectives of each stakeholder often working through numerous and complex development challenges. C3 will continue this tradition of innovation, flexibility and collaboration.

 

Since 2008, C3 has completed the following communities, representing almost $467 Million in total development costs and 8,824 beds:

  • Creekside of Auburn (Auburn University / Auburn, Alabama) Awarded Multi-Family Executive’s “Student Project of the Year” in 2008.
  • The Retreat of Clemson (Clemson University / Clemson, South Carolina)
  • Cottage Grove at Gainesville (University of Florida / Gainesville, FL)
  • The Cottages of Hattiesburg (University of Southern Mississippi / Hattiesburg, Mississippi)
  • The Cottages of Columbia (University of Missouri / Columbia, Missouri)
  • The Cottages of Lubbock (Texas Tech University / Lubbock, Texas)
  • The Cottages of Norman (University of Oklahoma / Norman, Oklahoma)
  • The Cottages of Baton Rouge – Phase 1 & 2 (Louisiana State University / Baton Rouge, Louisiana) Awarded “Best New Development – Innovator Awards” by Student Housing Business magazine, April 2011.
  • The Cottages of Lakeshore – A cottage community for wounded military personnel undergoing rehabilitation at The Lakeshore Foundation, in Birmingham, Alabama. Certified LEED® Gold by the United States Green Building Council and Awarded Multi-Family Executive’s “Community Service” award in 2011.
  • The Lodges of East Lansing (Michigan State University / East Lansing, Michigan)
  • The Lofts of Kennesaw (Kennesaw State University / Kennesaw, Georgia)
  • The Cottages of College Station (Texas A&M University / College Station, Texas)
  • The Cottages of Durham (University of New Hampshire / Durham, New Hampshire)

 

In addition, we currently have the following communities under construction, representing more than $239 Million in total development costs and 3,794 beds.

 

  • The Cottages of Boone (Appalachian State University/ Boone, North Carolina)
  • The Lodges of East Lansing, Phase 2 (Michigan State University/ East Lansing, Michigan)
  • 13thand Olive (University of Oregon/Eugene, Oregon)
  • The Lofts at City Center (University of Alabama/ Tuscaloosa, Alabama)

 

While the principals of C3 have managed over 13,000 beds on multiple occasions since 2000, Capstone Properties currently manages the following, representing 12 communities and 7,205 beds:

  • Cottage Grove of Gainesville (University of Florida / Gainesville, FL)
  • The Cottages of Hattiesburg (University of Southern Mississippi / Hattiesburg, Mississippi)
  • Valentine Commons (North Carolina State/ Raleigh, North Carolina)
  • The Cottages of College Station, (Texas A&M University / College Station, Texas)
  • The Canopy, (University of Florida / Gainesville, FL)
  • University Commons, (Duke University / Durham, NC)
  • University Apartments, (Duke University / Durham, NC)
  • The Cottages of Boone (Appalachian State University/ Boone, North Carolina)
  • 13thand Olive (University of Oregon/Eugene, Oregon)
  • The Lofts at City Center (University of Alabama/ Tuscaloosa, Alabama)
  • The Summit on College, (Colorado State University / Fort Collins, CO)
  • The Cadence, (University of Arizona / Tucson, AZ)

 

For more information, please contact Rob Howland at rhowland@capstonemail.com | 205.414.6416

 
 
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