TAMPA, Fla. — Landmark Properties has finalized the acquisition of a 4.31-acre site in Tampa, Florida, where it will develop a new large-scale student housing project in partnership with Canyon Partners Real Estate and Peninsula Investments.
The development, to be known as The Mark Tampa, will deliver 807 beds across 215 units ranging from studios to five-bedroom apartments. Construction is beginning immediately, with completion anticipated for the 2027–28 academic year.
Financing for the project has been secured through a construction loan provided by Kennedy Wilson, with TSB Capital Advisors advising on the arrangement. Landmark Construction will serve as the general contractor, while Dwell Design Studios has been tapped as the lead architect.
The new community will offer over 270,500 square feet of residential space enhanced by a robust 25,000-square-foot amenity package. Planned features include:
Inside the apartments, residents will find quartz countertops, stainless steel appliances, hardwood-style flooring, in-unit laundry, and spacious closets. Select units will also feature balconies.
Beyond residential offerings, the project will include 988 square feet of ground-floor retail space and parking for approximately 647 vehicles, providing convenience for students and visitors alike.
“This new community is designed not just as housing, but as a lifestyle hub for students,” the company said.
For its development partners, the project marks another strategic move. Landmark Properties already operates three student housing communities in Tampa totaling 1,930 beds, making The Mark Tampa its fourth addition in the market. For Canyon, the project represents its eighth student housing investment in the past five years. For Peninsula, it is the company’s first project in Tampa, but the 47th student housing investment overall.
Jason Doornbos, chief development officer of Landmark Properties, said:
“Landmark is excited to announce the development of The Mark Tampa in partnership with Canyon and Peninsula. The Mark’s unparalleled amenities and prime location just south-west of the USF [University of South Florida] campus and near a multitude of dining and entertainment options will make the community an attractive housing option for USF students.”
The Mark Tampa will add significant housing capacity near the University of South Florida, a growing urban campus where demand for student housing has consistently outpaced supply.
By bringing in multiple partners and layering residential, retail, and lifestyle elements, the project underscores the continuing strength of the student housing investment sector in Florida.
Originally reported by World Construction Network.