CLEMSON, SC — Core Spaces and Tom Winkopp Development have formed a joint venture to develop Clemson Student Village at The Pier, a 4,000-bed student housing community located on a 140-acre plot near Clemson University.
The project is an extension of The Pier, a project that has already added 1,400 beds to Clemson’s student housing supply. Amenities at the new project include athletic and fitness facilities, pools, outdoor grills, student clubhouses, beachfront access to Lake Hartwell and waterfront trails. Once fully constructed, the site will feature “a new downtown locale that is walkable, charming and accessible to all students and the local community,” according to the developers.
“This project is among the most ambitious in our history,” says Daniel Goldberg, president of Core Spaces. “Clemson, South Carolina has experienced significant population growth due to its high quality of living, affordability, picturesque downtown and favorable year-round climate, as well as Clemson University’s strong enrollment rates.”
In addition to the more traditional student housing beds, the development will feature clusters of single-family homes for rent as the builders seek to create student neighborhoods within the project. Each of these will feature nine bedrooms.
The student village is one piece of a larger master-planned, mixed-use project on the entire 325-acre site that Tom Winkopp Development and other partners are building over the next three to five years. The locally based developer and its partners have owned the land since 2007.
Clemson Area Transit (CAT), a zero-fare bus line that is the most frequently used transit system in South Carolina, already provides bus service to and from the campus with stops at The Pier every 30 minutes.
JLL Capital Markets helped forge the joint venture between Tom Winkopp Development and Core Spaces. Teddy Leatherman, John Gavigan and Warren Johnson led that JLL team.
A project timeline was not disclosed.
Based in Chicago, Core Spaces focuses on acquiring, developing and managing residential properties. It currently owns and/or manages 37 properties nationwide totaling over 16,000 units and beds and has a pipeline of over 40,000 units and beds in various stages of development and acquisition.
Tom Winkopp, the principal of Tom Winkopp Development, has 34 years of experience developing and marketing in the Upstate region of South Carolina. Since 1988, the company has completed nearly 100 projects consisting of upscale waterfront condominiums and townhomes, a master-planned golf course community, mixed-use commercial projects, a luxury hotel and student housing projects.
— Jeff Shaw