High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + State of Texas  + Apartments  | 
The Penny

Texas A&M Student Housing Project to Open Next Year

Pinecrest will deliver The Penny before the 2027 school yearstarts. The new student 20-story apartment complex just off the Texas A&M campus will have 605 beds. The 199 units will include studio, one-, two-, three-, four- and five-bedroom configurations with bed-to-bath parity, including townhomes.

Shared amenities will include multiple study spaces, a resort-style pool, pickleball court, fitness center, package lockers, an automated market and a pet relief area and washroom.

The development team for the project includes Rhode Partners, Rycon Construction, Mitchell & Morgan and Rhode Interior Design. CIBC USA and First Bank of Chicago provided construction financing for the development.

The apartment community selected Century Square as a prime location for its leasing office and showroom. Century Square features premium retail and restaurant establishments, entertainment venues, Class-A office space, two full-service hotels—The George and Cavalry Court— and luxury apartment homes at 100 Park.

Connect

Inside The Story

Pinecrest

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
New call-to-action
New call-to-action