Carter and Chance Partners Break Ground on New Student Housing Community

Highland Square Will Provide Ole Miss Students with Premium Amenities, Community Atmosphere

OXFORD, Miss. (Sept. 25) – Community officials, developers and leaders from the student housing industry gathered this morning at a groundbreaking ceremony for a new student housing project at The University of Mississippi in Oxford, Miss.

The occasion also marked the official unveiling of the development’s name, Highland Square. Officials say the name stemmed from Oxford’s historic town square, which exudes the character and southern charm that Ole Miss students have enjoyed for years.

 

“Oxford and the University of Mississippi pride themselves on the rich heritage and vibrancy of their community,” said Andy Feinour, senior vice president of Carter. “We wanted to reflect that not only in the name we chose for the property but also in the way we designed it – to instill a town square type of feel to the community’s common areas.”

Carter and Chance Partners will serve as developers of the new $40 million, 753-bed student housing project that is located less than two miles from the University of Mississippi campus. The mixed-use development will consist of cottages, flats and townhomes spread across 60 acres. Its nucleus will be the Town Center where residents can enjoy a cup of coffee at the Common Ground Coffee Shop, exercise at the Iron Clad fitness center or gather with friends. This sense of community is rarely seen at student housing properties. Campus Advantage, a leading student housing company that manages 48 student housing communities across 20 states, will oversee the property.

Amenities include three pools, fitness trails, a media center with a theatre room, individual cottage courtyards, community fireplaces, basketball and volleyball courts, a Champions Lawn with a stage and lawn games, a dog park, and a car/dog wash.

“When it comes to amenities and floor plans, University of Mississippi students have never had as many options as they will at Highland Square,” said Mike Peter, CEO of Campus Advantage. “Today’s college students demand more from where they live, and Highland Square delivers. Residents will benefit from our highly rated Students First, residence life programs that will help them succeed in school as well as help them prepare for life after graduation.”

Construction is expected to be complete by July 2013. Highland Square is currently accepting leases for fall 2013. More information on the community may be found at www.livehighlandsquare.com.

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