Press Release

Capstone Development Partners Completes Residence Hall Phase III at Florida Polytechnic University

Lakeland, FL - Florida Polytechnic University, Capstone Development Partners, and design-build team members including, Clancy & Theys, Design Collective, and Lunz Group, announced the opening of Residence Hall Phase III. Located on Florida Polytechnic University’s campus in Lakeland, FL, the apartments offer affordable, modern and convenient options to primarily sophomore students, but also junior and senior students attending […]

Capstone Development Partners Receives Two Innovator Awards for Portland Commons and McGoldrick Center for Career & Student Success at the University of Southern Maine

BIRMINGHAM, AL - Capstone Development Partners (“Capstone”) today announced that it received two Innovator Awards from Student Housing Business for its project, Portland Commons and the McGoldrick Center for Career & Student Success at the University of Southern Maine, in Portland, ME. The project was recognized as the Best Public-Private Partnership (P3) Development and Best New Development by […]

Capstone Development Partners Announces New Hire to Lead the Company’s New Workforce Housing Business Line

Birmingham, AL - Capstone Development Partners (“Capstone”), a leader in the student housing development industry, today announced the hiring of Jordan Gaston to fill a new leadership role within the company as Vice President, Head of Workforce Housing. Jordan previously served as the Director of Finance within Capstone’s finance division from 2016 to 2021. During that time, he […]

Capstone Development Partners and Harrison Street Complete Phase 1 of Residential Village at University of Washington Bothell

Bothell, WA - The University of Washington Bothell, Capstone Development Partners, Harrison Street and design-build team members including, Mahlum Architects and Andersen Construction, celebrated the opening of the first phase of the new on-campus Residential Village with a ribbon-cutting ceremony in Bothell, Washington, on September 20, 2023. The initial phase of the Residential Village includes the delivery of […]

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 […]