Toll Brothers Campus Living and CanAm Capital Partners Open 293-Unit Apartment Community at Florida International University

MIAMI, FL – Toll Brothers, the nation s leading builder of luxury homes, through its Toll Brothers Campus Living division, and joint venture partner CanAm Capital Partners, announced the opening of Lapis in Miami, Florida. The brand-new luxury high-rise apartment community, designed exclusively for college students, spans more than 763,500 square feet, featuring 293 units and 1,086 beds within its 20 tales. Situated on a 1.73-acre site at 795 SW 110th Avenue, Lapis is adjacent to the Modesto A. Maidique Campus of Florida International University (FIU).
Financed with a $103 million construction loan facility from Ocean Bank, construction commenced in July 2021 and first residency was offered for the fall 2023 semester of FIU. Toll Brothers Campus Living is responsible for the development, construction, marketing, and asset management of Lapis.
We are delighted to welcome residents to our newest luxury student apartment community adjacent to the prestigious FIU in Miami, said Richard Keyser, Vice President of Acquisition and Development for Toll Brothers Campus Living. Lapis seamlessly integrates the flexibility of off-campus living with the proximity to the FIU campus. With well-appointed residences and resort-style amenities, Lapis offers students an unparalleled living experience.
The community was designed by Humphreys & Partners Architects, with interior design by Mary Cook Associates and branding by Streetsense. Lapis offers studio, one-, two-, three-, four-, and five-bedroom luxury rental apartments, allowing students to choose their preferred living arrangements. The community also boasts more than 5,800 square feet of ground-floor retail space, featuring Crema Gourmet Espresso Bar, Brooklyn Dumpling Shop, and Insomnia Cookies.
Lapis provides residents with an array of amenities within its 24,000 square feet of interior and exterior spaces. These include a 2-tale state-of-the-art fitness center with outdoor turf area, an expansive deck with a Jumbotron, pool, and grilling areas, as well as private study and meeting rooms on each floor. Additionally, the community offers a computer lounge with complimentary printing services, complimentary coffee and cold brew, valet trash, self-serve package lockers, secured refrigeration for food delivery, a bicycle storage area, an indoor rideshare waiting area, and high-speed community-wide Wi-Fi. Residents also benefit from secured access control, 24-hour on-site security personnel, and a gated parking garage, which includes 8 electric vehicle charging stations.
Lapis exemplifies the quality and luxury living experience for which the Toll Brothers brand is already well known nationwide, and continues that legacy with our Campus Living division, said John McCullough, President of Toll Brothers Apartment Living, the multifamily division of Toll Brothers which oversees its Campus Living division. With exceptional materials, amenities, design, construction, and resident services, Lapis offers the finest living experience for the next generation of scholars at FIU.
We are thrilled to witness the successful opening of this impressive asset that sets a new standard in the FIU market, said John Reid, Director and head of Project Development with CanAm Capital Partners. Toll Brothers has been an outstanding partner and a pleasure to work with. The level of quality, on-time delivery, and full occupancy at the property proves their ability to deliver for us as a partner and our investors.
FIU has experienced significant growth, with a nearly 27% increase in enrollment over the past decade. According to the US News & World Report, FIU ranks as the nation’s 8th largest public university by enrollment with more than 55,000 students, and lists dozens of FIU programs among the best in the nation. FIU has been named an Emerging Preeminent State Research University and has been designated R1 by the Carnegie Classification of Institutions of Higher Education. Washington Monthly has also ranked FIU among the top 20 public universities contributing to the public excellent.
Lapis is the first Toll Brothers multifamily project in Florida and joins the growing Toll Brothers Campus Living student housing portfolio nationwide. Previous developments include The Yards at Ancient State at The Pennsylvania State University, which opened in 2020, Canvas at Arizona State University, which opened in 2021 and was sold in 2023, and Terrapin Row at the University of Maryland, which opened in 2016 and was sold in 2017. In 2024, Toll Brothers Campus Living anticipates the opening of The 87 at the University of Notre Dame and Kinetic at the Georgia Institute of Technology.

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Mill Creek Announces Construction Underway at 312-Unit Modera Beaverton Apartment Community in Metropolitan Portland Market

BEAVERTON, OR – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced that construction is underway at Modera Beaverton, a mixed-use apartment community located in the heart of Downtown Beaverton on the western side of the Portland metropolitan area.
The wrap-style community will be built to and is pursuing LEED Gold certification standards and will feature 312 apartment homes, 4,145 square feet of retail space and boasts a walkable, bikeable location in the heart of downtown Beaverton. Modera Beaverton first broke ground in December and first go-ins are anticipated for summer 2025.
“Beaverton continues to emerge as a high-quality living destination removed from Portland but close enough to easily access all that the city has to offer,” said Sam Rodriguez, senior managing director of development in Portland for Mill Creek. “In addition to being amidst the local charm of Beaverton, future residents will be within a 15- to 20-minute drive of the Portland Central Business District and no longer than a 30-minute commute from any of the city’s key employment hubs.”
Located at 12230 SW Broadway Street, Modera Beaverton provides a Walk Score of 98 and Bike Score of 81, with several restaurants, brewpubs, nightlife opportunities and transit options easily accessible. That includes a stop on the MAX Light Rail that sits a half-mile from the community, and key artery Highway 217 is within a few blocks. Beaverton also is positioned nearby some of the most notable employers in the metropolitan area, including Nike World Headquarters, Columbia Sportswear, Tektronix, Intel and Kaiser Health.
Community amenities will include a resident clubhouse, landscaped courtyards, rooftop deck with grilling area and fire pit, outdoor dining, demonstration kitchen, coworking spaces, private workspaces, game room with pool table, coffee bar and pet spa. The 24-hour, club-quality fitness center will include a yoga studio, golf simulator, TRX system and cardio equipment. The community will also offer controlled-access garage parking with EV charging stations.
Modera Beaverton will feature studio, one-, two- and three-bedroom homes with private patios or balconies. Apartment interiors will be delivered with nine-foot ceilings, wood plank-style flooring, stainless steel appliances, quartz countertops, pull-down faucets, tile backsplashes, soft-close cabinets, in-home washers and dryers and walk-in closets. Smart features include ButterflyMX™ guest-access technology, programmable thermostats and key fob entry system. The community will also include digital package lockers, bike repair station, dedicated bike storage and additional storage.

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Alpine Start Development Breaks Ground on 261-Unit Range West Premier Multifamily Community in North Fort Worth Submarket

DALLAS, TX – Alpine Start Development (ASD), a family-owned real estate development and investment firm, introduced Range West, a groundbreaking 261-unit garden-style apartment community located in Saginaw, Texas, on 11 acres, just a small drive North from downtown Fort Worth.
“We are excited to announce our second real estate development this year of Range West in Saginaw. This development will add much-needed density to the area and provide residents access to high-quality amenities and a convenient location. It will be the first of many “Range” branded projects coming to DFW in the coming years. We strive to deliver the best renter experience and pride ourselves on the thoughtful design of our apartments, curated amenity packages, attention to detail, and responsive management of our communities. We look forward to working with the city to bring this project to life,” said David Eitches, Managing Partner of Alpine Start Development.
The project boasts an impressive array of amenities, featuring a resort-style pool, a sprawling courtyard, a well-equipped fitness center, a pickleball court, a dog park, and inviting grilling stations, providing residents with a comprehensive and inviting living experience. Situated on approximately 11 acres in Saginaw, Range West takes advantage of the city’s impressive population and income growth. The development places residents within walking distance of essential amenities, including grocery stores, 20 restaurants, and several schools. Range West meets the surging demand for housing in this supply-constrained submarket, making it a valuable addition to the community.
“This project presented the exciting opportunity to develop rental housing within a quick-growing submarket that already includes the community infrastructure needed to provide a desirable suburban lifestyle,” added Zach Gensior, Managing Partner of Alpine Start Development. “We are proud to have partnered with housing agencies to allocate a part of the property towards income-restricted rentals to supplement this growing neighborhood’s inventory of attainable housing. Our team’s thoughtful approach towards programming indoor and outdoor amenity spaces will bring a unique residential experience to this submarket.”
Range West offers a diverse range of floor plans, including 150 one-bedroom units, ranging from 637 to 712 square feet, 99 two-bedroom units ranging from 1,139 to 1,150 square feet, and 12 three-bedroom units at 1,349 square feet.
Alpine Start Development anticipates that Range West will be completed by Q2 2025 but will have its first units and the clubhouse available in Q4 of 2024. In the past 18 months, Alpine Start Development has initiated three apartment projects in Dallas-Fort Worth and Austin, totaling over 875 units. Several other land development sites are currently in predevelopment, with a pipeline of over 2,000 units.

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