LUX at Central Park Student Apartments Won't Be Ready In Time

Although construction delays and rescheduling are part of the process, student housing is extremely time sensitive. The developer, Travis Vencel, vice president, Trinitas Ventures feels it is more important to deliver a quality finished product. Within walking distance to the University of North Carolina at Chapel Hill, this 194-unit, 608-bed property will feature a mix of one, two, three and four bedroom apartments.

University Square Redevelopment Changes Proposed

The Mixed Use Development being studied by Cousins Properties located at 123 West Franklin Street, has been changed with public input. The existing Granville Towers student housing is not being included, leaving half the 12-acre site available to use. The goal has always been to better integrate the entire site into a more pedestrian friendly downtown, thus razing the retail portions is the focus now.

The 3 new buildings would include:
40,000-sqft of retail space
275,000-sqft of office space
90,000-sqft of flex-space
150,000-sqft of additional apartments
1,000-space underground parking garage