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National  + Hawaii  + Student Housing  | 

EdR, Laconia Begin $110M Student Housing

EdR joined forces with Laconia Development to begin construction on a 599-bed student housing project that will serve students attending the University of Hawaii in Honolulu. The Memphis, TN-based EdR will be 90% owner, and will manage the $110 million as-yet-unnamed development upon completion.

The housing will offer a mix of one, two, three, and four-bedroom floor plans, along with 13,000 square feet of ground-floor retail space and structured parking. Amenities include a fitness center, outdoor terrace lounge, community kitchen, study lounges and gaming areas. The property is adjacent to the university’s campus.

The University of Hawaii has pent-up demand for modern collegiate housing. There are few student housing options, and high barriers to entry. “This is a great opportunity to add to our development pipeline, which is driving significant growth for EdR,” said Randy Churchey, EdR’s chief executive officer.

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About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

  • ◦Development