Competition for quality football players often often has more to do with facilities and amenities than season records or a schools legacy. Georgia Tech knows that and is modernizing its historic football stadium.

Georgia Tech officials recently broke ground on the Thomas A. Fanning Student-Athlete Performance Center, a project designed by The S/L/A/M Collaborative and to be built by DPR Construction, both Atlanta-based companies. 

The 100,000-square-foot expansion is happening at the northeast corner of the century-old stadium—now called Bobby Dodd Stadium at Hyundai Field.

The performance center will house areas for athlete strength and conditioning, sports medicine, nutrition, academic support, and Tech athletics’ Total Person Program. Other facets will include expanded space specifically for Georgia Tech football, to include a football-only players’ lounge, meeting spaces, and strength-and-conditioning facilities. The Fanning Center will also be equipped with Tech’s first sports science lab, which uses pro-model motion tracking to analyze student-athletes’ performance data.

RPM Living Investments paid $85 million, or $212,500 per unit, for Aspire Lenox Park. The seller was Willow Bridge Property Co., the recently rebranded multifamily division under Dallas-based Lincoln Property Co. It acquired the community in 2014. Aspire Lenox Park has 400 units spread across ten buildings. RPM Living financed the acquisition with a $59.2 million Freddie Mac loan. 

The community is just under 25 years old. The Atlanta Business Journal reports since its completion in 2000, it has traded hands twice: once to Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA-CREF) for $70.6 million, and to Willow Bridge ten years later for $75.3 million. 

RPM Living is a full-service apartment management and investment company. It’s headquartered in Austin, Texas, and maintains several offices across the Southeast, including Atlanta. The firm owns a number of apartment communities across intown and suburban Atlanta, both high-rise and garden-style.

On April 18, join multihousing’s leaders and dealmakers when they explore the most important topics facing the Phoenix and Scottsdale markets today. Register to attend and hear expert insights first-hand, network with the best in the industry, and sit in on discussions you won’t hear anywhere else. Connect Phoenix Multifamily & Single-Family Build-to-Rent on April 18 at the Westin Kierland Resort & Spa.