Spelman and Morehouse Colleges have chosen Radnor Property Group to design, build, finance, operate, and maintain a combined student housing project through a ground lease.
The Develop Fulton board has approved a $144.46m investment to build the project, which will see a 450,000-square-foot facility established at 850 West End Avenue SW.
Radnor will deliver 290 residential units and 800 beds, along with community lounges, shared gathering spaces, a central greenspace, a rooftop terrace, a fitness center, and dedicated study areas.
“This investment underscores the essential role that modern, purpose-built student housing plays in student success and institutional excellence,” said Develop Fulton board chair Kwanza Hall.
The colleges are being supported on the project by development advisory firm, Brailsford & Dunlavey.