California State University, Long Beach (CSULB) hosted a groundbreaking ceremony for La Playa Residence Hall, a $115-million, 108,000-square-foot student housing project. The project is a part of the State of California’s Higher Education Student Housing Grant Program, which aims to increase below-rate rental options for students living on campus. 

“La Playa Residence Hall will add 424 residents to CSULB’s Hillside Housing village, improving access to affordable on-campus housing at The Beach,” said Yan Krymsky, principal and design director at Perkins&Will’s Los Angeles studio, which designed the project. The project will encompass three five-story buildings with outdoor amenities ranging from patios and dining areas to a welcome plaza and central lawn. 

Once complete, La Playa Residence Hall will hold 424 beds distributed across a mix of single- and double-occupancy student rooms, with lounges, study areas and maintenance facilities located on each floor. Inside each building, there will also be a kitchen on the ground floor, three apartments for staff or faculty, a 2,000-square-foot multipurpose room and music practice rooms. Completion is targeted for summer 2026.

Industry leaders and power players are connecting at Connect Phoenix Multifamily & Single-Family Build-to-Rent on April 18 at the Westin Kierland Resort & Spa. Don’t miss the expert’s take on where the market is headed, and what changes are on the horizon. Register Now!

Be there in person for the 8th Annual Connect Los Angeles 2024, May 1 at the Intercontinental Los Angeles Downtown. Industry leading experts will share insights and forecasts on today’s CRE markets.   

Arlington Partnership for Affordable Housing (APAH), the Fairfax County Redevelopment and Housing Authority (FCRHA), and Fairfax County officials celebrated the opening of Ilda’s Overlook Senior Residences in Fairfax, Virginia, providing 80 affordable homes for seniors aged 62 and above.  

Built in partnership with Erickson Senior Living, the community supports Fairfax County’s goal of creating 10,000 affordable housing units by 2034. Named after a historic community founded by formerly enslaved individuals, Ilda’s Overlook features 100% Universal Design, EarthCraft Gold sustainable construction, and rooftop solar panels.  

Amenities include in-unit washers and dryers, free Wi-Fi, community spaces, a fitness suite, and gardens. The project was financed with Low-Income Housing Tax Credits, loans from Virginia’s Department of Housing and Community Development, and partnerships with Truist, PNC Bank, and the Federal Home Loan Bank.