Landmark Properties has purchased the parking lot of an Atlanta landmark. The family behind The Varsity restaurant agreed to sell 2 acres of its property along the Downtown Connector. A price was not disclosed.

Landmark is planning a 2,000-bed student housing project that would overlook Georgia Tech’s Bobby Dodd Stadium.

The Atlanta Business Chronicle reports the proposed development would not impact the operations of The Varsity. Landmark Properties said its new tower will offer pedestrian access into the heart of the Georgia Tech campus. 

Georgia Tech’s enrollment continues to grow, increasing almost 10% over the past three years. In fall 2023, enrollment for all degrees was almost 48,000 students, up from just under 44,000 students in fall 2021..

Landmark’s new project will offer amenities, such as a pool with jumbotrons, sports simulator, sauna, study space and sky lounges.

It will be its fourth project in Midtown and Downtown, bringing the company’s intown portfolio to more than 4,000 beds.