A newly formed joint venture has designated The Standard at Four Corners, an 890-bed project at the University of Connecticut in Storrs, CT, as its initial development project.

The Standard at Four Corners, located at 1717 Storrs Road, will be ready for occupancy in August 2025. The property will offer several distinct floorplans ranging from studio to three-bedroom along with 24-hour study lounges, fitness center, computer lab, gaming lounge, heated pool, hot tub, and fire pits.

The new build-to-core joint venture between Landmark Properties — a real estate firm specializing in development, construction, investment management, and operation of residential communities — and Manulife Investment Management will focus on developing and operating residential properties in targeted markets throughout the US.

Athens, GA-based Landmark Properties has more than $10 billion assets under management across 100 residential communities with approximately 60,000 beds. The company currently has 21 student, BTR, and multifamily projects under construction with an estimated value at $3.7 billion.