Located at 754 E. 13th Avenue, the property is slated to open in September for the start of the 2024-25 academic year.
CRG, a national real estate development and investment firm, and project partner Kenter Capital announced that pre-leasing has begun for Chapter at Eugene, a 12-story, 302-bed student housing development near the University of Oregon campus in Eugene, Oregon.
All units are appointed with contemporary furniture and upscale finishes including wood-style flooring throughout; kitchens with quartz countertops and premium stainless steel appliances; living areas with smart TVs; bedrooms with secured entry, ceiling fans and en-suite baths, per plan; and full-size in-unit laundry.Upon completion, Chapter at Eugene will house 119 units in a mix of studio, two-, three-, four-, and five-bedroom floor plans ranging from 320 to 1,172 square feet. Competitive monthly rental rates, per bed, will begin at $1,609 for studios, $1,339 for two-bedrooms, $1,199 for three-bedrooms, $1,069 for four-bedrooms and $979 for five-bedrooms.The amenity-rich property boasts a 5,000-square-foot rooftop deck with a dog run, dining areas and fire pits – all set against the backdrop of the Western Cascades and Willamette Valley. Panoramic views of campus and downtown Eugene are carried through to the 12th-floor lounge, which features a demonstration kitchen and study rooms for group and individual work. Ground-level amenities feature a state-of-the-art fitness center with dedicated yoga room, as well as a coffee lounge, additional study areas, resident storage and secure bicycle parking. The community will also have 50 parking spaces available for an additional fee.
Chapter at Eugene is steps from key campus destinations, including the Erb Memorial Union (EMU), Knight Library and Student Recreation Center. Residents will also be close to the vibrant selection of shops, restaurants and nightlife throughout downtown.
“Campus-adjacent housing that provides top-tier amenities and neighborhood-serving retail is in high demand, and Chapter at Eugene delivers that for University of Oregon students in a big way,” said JJ Smith, executive vice president and partner for CRG’s residential group. “This modern, highly amenitized development meets students’ housing needs while enriching their social and academic lives, thanks to its prime location that bridges campus life and downtown conveniences.”
Designed by Seattle-based Jackson Main Architecture, the development is the 12th collaborative endeavor led by principals of CRG and Kenter Capital. John Hyland Construction Inc. of Springfield, Ore., is serving as general contractor.
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 0.3 percent in October from their level...
