Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, in a joint venture with Canyon Partners Real Estate LLC (“Canyon”) and Peninsula Investments, has closed on the acquisition of a 4.31 acre site at 2700 University Square Drive in Tampa, Florida.
Kennedy Wilson provided the construction loan for the project with TSB Capital Advisors arranging financing. Construction will immediately begin on The Mark Tampa, an 807-bed, six-story student housing community, with delivery anticipated for the 2027-2028 academic year.
“Landmark is excited to announce the development of The Mark Tampa in partnership with Canyon and Peninsula,” said Jason Doornbos, Chief Development Officer at Landmark Properties. “The Mark’s unparallelled amenities and prime location just southwest of the USF campus and near a multitude of dining and entertainment options will make the community an attractive housing option for USF students.”
The Mark Tampa will offer more than 270,500 square feet of residential space across 215 units, in a mix of studio to five bedrooms. Residences are fully furnished and come wired for internet and cable. Units will include quartz countertops, stainless-steel appliances, in-unit laundry, hardwood-style laminate floors, large closets, and blinds. Balconies will be available in select units.
A robust, 25,000-square-foot amenity package differentiates The Mark Tampa from other properties. Offerings include a rooftop pool deck, grilling area, a clubhouse, jumbotron, sports simulator, sauna and cold plunge, ground-floor interior courtyard, indoor/outdoor fitness center, a computer lab, and study areas on each floor.
The building will also feature 988 square feet of ground floor retail and on-site parking for
approximately 647 cars. A USF Bull Runner shuttle stop is located adjacent to the community for express service to campus. Residents of The Mark Tampa also benefit from being just steps from a number of dining, shopping, and entertainment options, including RITHM at Uptown and the newly relocated USF recreational fields.
The Mark Tampa will be Landmark Properties’ fourth asset in the Tampa market; Landmark has developed and is currently operating 1,930 beds across three properties including The Standard at Tampa, The Metropolitan Tampa, and The Retreat at Tampa.
The Mark Tampa represents Canyon’s eighth student housing investment over the past five years, as increased enrollment growth continues to fuel strong demand. Canyon is an active provider of debt and equity in the student housing sector to capitalize $1.0 billion of total projects in the sector.
The Mark Tampa is Peninsula’s first asset in the Tampa market and the eighth one in Florida. It also represents its forty seventh student housing investment.
