News & Events

ASU and Capstone Break Ground on 2nd Downtown Residence Hall with Focus on Entrepreneurship and the Arts

Arizona Impact - Arizona State University broke ground Monday on the Downtown Phoenix Residence Hall and Entrepreneurship Center, a 16-floor building at the southwest corner of Fillmore Street and First Avenue.The 283,000-square-foot project, expected to open in fall 2021, will house more than 500 students in the top 13 floors. The first three floors will offer academic space […]

The Four Critical Elements of Capital Renewal Planning

P3 Higher Ed Resource Center - One of the many advantages for colleges and universities, when considering the use of Public-Private Partnerships “P3s” for new on-campus residence hall facilities, is the opportunity to transfer the risk and responsibility of long-term repair and replacement of major building systems and physical assets to the development partner. An article published by CDP’s Dr. Matthew […]

Capstone to Develop New On-Campus Mixed-Use Student Housing Project at Arizona State University Downtown Campus

Birmingham, AL - Capstone Development Partners (“Capstone”), a national student housing real estate developer specializing in on-campus public-private partnerships (“P3”), is pleased to announce it has closed on tax-exempt financing for a new on-campus student housing community (“Project”) on the Downtown Phoenix campus of Arizona State University. Capstone, along with its architect Studio Ma and builder DPR Construction, […]

Capstone Awarded Public Private Partnership with University Maine System

Birmingham, AL - Capstone Development Partners (“Capstone”), a national student housing real estate developer specializing in on-campus public-private partnerships (“P3”), is pleased to announce it has been selected by the University of Maine System (“UMS”) to develop a new student housing and student center community (“Project”) on the University of Southern Maine’s (“USM”) campus in Portland. Capstone and […]

Capstone Develops New On-Campus Student Housing Community at ASU Poly

Birmingham, AL - Capstone Development Partners (“Capstone”), a national student housing real estate developer specializing in on-campus public-private partnerships (“P3”), is pleased to announce a new student housing community (“Project”) under development and in construction in collaboration with Arizona State University on its Polytechnic (“ASU Poly”) campus. Capstone and its equity partner, Harrison Street (together “Capstone-Harrison Street”), closed […]

USM Picks the Developer for Its Biggest Building Project Ever

Portland Press Herald - The contract for the project has been awarded to Alabama-based Capstone Development Partners, which specializes in student housing around the country and will be partnering with SMRT Architects in Portland. The project is expected to be the largest building project in USM’s history and is targeted for completion by the fall of 2022, the university said […]

New Residence and Dining Hall at UMass Boston Recognized as Student Housing Project of the Year by Multifamily Executive

Birmingham, AL - Capstone Development Partners (“Capstone”) announced that the new Residence Hall and Dining Commons at the University of Massachusetts Boston was awarded the Project of the Year: Student GRAND award at the Multifamily Executive awards ceremony held on October 3rd in Las Vegas, NV. The project was selected from among 300 entries across 14 award categories. […]

Multifamily Executive Project of the Year: Student – GRAND Award 2019

New Residence and Dining Hall, University of Massachusetts Boston - Multifamily Executive Magazine received over 300 entries across 14 categories for the 2019 MFE awards competition. This year, MFE judges looked for award entries that stood out from the rest of the pack for their outstanding design, remarkable architecture, creativity, and inventiveness. In the student category, the UMass Boston Residence and Dining Hall was bestowed […]

P3 Higher Ed Summit 2019

San Diego, CA - Several Capstone representatives, including CDP Principals Bruce McKee and Jeff Jones, will be attending the P3 Higher Ed Summit in San Diego, October 24-25. Join us at the conference to learn about some of the latest Student Housing P3s that are underway or recently completed. Meet with us at our booth in the exhibit hall […]