Hoar Construction broke ground on Icon Tallahassee, a nine-story multifamily community serving students at Florida State University in Tallahassee, Florida. Hoar is serving as the general contractor on the more than $100 million project, developed by Park7 Group and slated for completion in the fall of 2028.

Icon Tallahassee will house 804 beds across one-bedroom studios to five-bedroom apartment layouts. Amenities will include a club room, study lounges, below-grade parking, bike and scooter storage, and a fitness center with a yoga studio. Icon will feature a rooftop pool deck lounge with views of Doak S. Campbell Stadium. 

Additional project partners include Boarman Kross Vogel Group, Inc. as architect.

Hoar continues to expand its portfolio in Florida, with over $750 million in projects completed within the state over the last five years. In 2024, Hoar completed construction on Cordelia, a 12-story, 240-unit multifamily community in Sarasota.

Time Equities Inc. has acquired The Armory, a student housing property near Sam Houston State University (SHSU) in Huntsville, TX. The property, which features 145 units and 502 beds, was sold by Stonemont Financial, a real estate investment and development firm headquartered in Atlanta. At the time of purchase, the asset was 96% occupied. Commercial Edge reported the sale price at $25.8 million.

Built in 2018, The Armory spans 2.5 acres and offers a mix of studio to five-bedroom units, catering to a diverse range of student preferences and needs. Community amenities include a 10k sf clubhouse, a resort-style pool, a dog park, a putting green, soundproof study rooms and a fitness center, as well as a seven-story parking garage with 387 spaces plus guest parking. 

Located at 2257 Sam Houston Ave, The Armory offers easy access to university classrooms and athletic facilities, as well as off-campus dining, shopping, recreation and entertainment options, all within walking distance.

Wentworth Institute of Technology plans to expand its Boston campus with approximately 1,400 new dorm beds and new academic buildings over the next decade, Boston Business Journal reported. 

The plans include two new dorms on Huntington Avenue, replacing Edwards and Rodgers Hall with a 672-bed residence hall, and replacing Baker Hall with a 13-story, 522-bed residence hall. Another eight-story, 217-bed residence hall will be built with a new athletics field house.  

Wentworth also plans a new academic building for the School of Architecture and Design and new buildings for the engineering and management schools at the Annex complex. Renovations to Wentworth Hall will include a new welcome center and a new athletics field house, along with new green spaces and outdoor public areas. Construction could begin next year pending approval from the Boston Planning and Development Agency.