Prado Student Development Breaks Ground in San Antonio

Three new student developments encompassing 1,400 units have broken ground under the Fountain Residential Partners name. These projects will serve The University of Texas – San Antonio, the main campus of The University of Houston, and The University of Minnesota – Twin Cities. Leasing will start in the following months

By Anca Gagiuc, Associate Editor

The University of Texas – San Antonio will be the recipient of one of three new student developments encompassing 1,400 units that have broken ground under the Fountain Residential Partners name. With additional projects for The University of Houston and The University of Minnesota – Twin Cities, the company will start leasing in the coming months, with occupancy starting in autumn of 2014.

The San Antonio project, Prado, is located at 14531 Roadrunner Way, across the street from the UT – San Antonio campus. It is planned to accommodate 498 students in one, two, three, four and five-bedroom homes. They will also benefit from a 6,000-square-foot restaurant fronting UTSA Boulevard. The development includes four stories and was designed in the Spanish style.

“We have been following this site, at one of the main entrances to campus, for several years. There simply is not a better location in the marketplace, and we feel fortunate to be able to transform the property into a mixed-use community that the neighborhood, students and the university will be proud of. It will definitely raise the bar for student housing at UTSA and matches the master-plan vision for the future of UTSA Boulevard,” said Executive Vice President Jon Clayton.

Prado will distinguish itself from typical student housing through a few state-of-the-art features: keyless entry, open floor plans, granite countertops, stainless steel appliances, wood-look floors, 50-inch flat-screen TVs with DVRs, furnishing inspired in the European style, high-end light installations and Wi-Fi everywhere. The amenity center is distributed on two levels encompassing 10,000 square feet. It will offer to the students a fitness center and study lounges, and a relaxation area with a tanning bed and a gaming center with digital games and pool tables.

The general contractor for Prado will be Centerpoint Builders and the architectural planning will be offered by Stuart Roosth Architects. Leasing and management services for all three campuses will be provided by Dallas-based Grand Campus Living.

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