Press Release

Capstone Development Partners and Boaz Ventures Break Ground on New Purpose-Built Housing Community Serving UAH Students, Faculty and Staff

Huntsville, AL - Capstone Development Partners (“Capstone”) and Boaz Ventures, have reached financial close for a new, $60M purpose-built housing community located adjacent to the University of Alabama Huntsville (“UAH”) campus along Holmes Avenue. The new community will be located at 4315 Holmes Avenue NW in Huntsville, next to the UAH Campus Recreation Center. Named Nexus on Holmes […]

Florida Poly Breaks Ground on Third Student Residential Building

LAKELAND, Fla. - Residence Hall III will be a five-story, 137,000-square-foot dormitory with 430 beds in one-, two- and four-bedroom suites. Its design is focused on sustainability, flexibility, and campus community featuring multiple lounges, study spaces, a large multipurpose room, offices, and an interior courtyard with plants and water-conserving landscaping. The project is expected to be completed by […]

Capstone Development Partners Announces New Hire within Leadership of Its Property Management Subsidiary

Denver, CO - Capstone Development Partners (“Capstone”), a leader in the on-campus student housing development industry, today announced the hiring of Mike Polzin as Vice President of Operations of its property management subsidiary, Capstone Management Partners (“CMP”), which provides facility maintenance, asset management and related services for on-campus and university affiliated student housing. Mike Polzin will be leading […]

Capstone Development Partners Announces Promotion within Its Construction Management Team

Birmingham, AL - Capstone Development Partners (“Capstone”), a leader in the on-campus student housing development and P3 industry, today announced a promotion within the company’s construction management division.  David Morrisey has been promoted from Senior Construction Manager to Vice President of Construction Management. David Morrisey brings more than 15 years of construction management experience with on-campus student housing, beginning […]

Capstone Apartments open at Lynn University, offering affordable on-campus housing for 342 students

Boca Raton, FL – Lynn University and Capstone Development Partners together announce the opening of Capstone Apartments, a new $40.5 million residence hall project created through a public-private partnership with Lynn and Capstone Development Partners. The design-build team included Capstone Management Partners, Gerrits Construction, Design Collective, Donahue Architecture and Design and Provident Resources Group. Located on […]

Capstone Development Partners Celebrates 10th Anniversary

Birmingham, AL - Capstone Development Partners (“Capstone” or “CDP”), a leader in campus and student housing development in partnership with colleges and universities, celebrates its 10-year anniversary this month as a successor company to Capstone Development Corp (“CDC”). Capstone is owned by Principals Bruce McKee and Jeff Jones, and is the successor to CDC, which was founded in […]

Capstone Development Partners and Harrison Street to Develop On-Campus Mixed-Use Student Housing Project in Public Private Partnership at University of Washington Bothell

Denver, CO - Capstone Development Partners, one of the leading developers of on-campus housing and higher ed facilities, and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, pursuing its social infrastructure strategy, today announced the development of a mixed-use on-campus student housing Public-Private-Partnership (“P3”) project at the University of Washington Bothell. […]

Arizona State University’s Lantana Hall 2021 Student Housing Business Innovator Award Winner

BIRMINGHAM, AL & PHOENIX, AZ - Lantana Hall at Arizona State University’s Polytechnic Campus has been awarded the 2021 Student Housing Business Innovator Award for Best Use of Green & Sustainable Construction/Design. The Student Housing Business Innovator Award honors excellence in development, architecture/design, and sustainable design in student housing properties, on- and off-campus. The project was selected among 140 student housing […]

Capstone and Harrison Street Awarded Best Public-Private Partnership Development by Student Housing Business for the Woodlawn Residential and Dining Commons at University of Chicago

BIRMINGHAM, AL & CHICAGO, IL - Capstone Development Partners (“Capstone”) and Harrison Street today announced that Woodlawn Residential and Dining Commons at the University of Chicago was awarded the Best Public-Private Partnership (P3) Development at Student Housing Business’ 11th Annual Innovator Awards event held July 14, 2021  during the Interface Student Housing conference in Austin, TX. The P3 project was selected […]

Construction Begins on New Residence Hall at Lynn University

Boca Raton, FL - Lynn University alongside its finance, development, design and construction teams officially broke ground on a new residence hall. The $40.5 million building will provide affordable, university housing for 342 upperclassmen. It’s set to open for the Fall 2022 semester. The project is in collaboration with Capstone Development Partners, a national student housing developer, and its […]