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Parallel Breaks Ground on Second Student Housing Development in College Station

Feature Photo: Artist rendering of the proposed project.  Image: parallel-co.com/developments

Posted: 7-18-2022

College Station (Brazos County)Parallel, an Austin-based real estate development firm, has broken ground on a 750-bed property at 401 First Street that will serve students attending Texas A&M University and marking the firm’s second recent development in College Station.

The project at 401 First Street will offer a mix of unit types with an emphasis on studio, one- and two-bedroom units. The property will provide a modern, well-amenitized property focused on community and academics and is expected to open in Fall 2024. Amenities will include a full-service smart market, influencer room, gaming lounge, dog park, walkup townhomes, pool and spa, outdoor kitchen, outdoor study area, outdoor gaming, yoga room, fitness room, community spaces with study areas and a sky lounge overlooking Texas A&M and Northgate.

“Parallel is excited to break ground on its second project in Northgate near the A&M campus,” said Kristen Penrod, principal at Parallel. “This project will provide a mix of units focused on living and learning near a campus that is projecting continued enrollment growth. Parallel looks forward to being able to provide A&M students with a highly amenitized, purposefully built product in the Northgate area.”

The company spent a lot of time researching the College Station market to create a community catering to the next generation of students. The result is a community focused on academic success with multiple unit options for students, ranging from studios and one-bedroom units all the way up to a walkup six-bedroom, two-story townhome unit.

Partners on the project include BOKA Partners, Rogers O Brien Construction, Alison Royal Interiors, RLG Engineers, Mitchell and Morgan Civil Engineering, V3 Engineers, Infinisys and SMR Landscape.

Edited from news release.


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By |2022-07-18T17:55:56-05:00July 18th, 2022|Feature Story, Industry News|

About the Author:

Art Benavidez (Construction News Reporter, Central Texas) is a seasoned journalist with over 15-years of experience in writing breaking news and in-depth features at the local level. He honed his research and reporting skills in newspapers and magazines throughout South and West Texas along with expertise in crafting digital content as Managing Editor of New Image Marketing Research Corporation. Benevidez is a Texas native and graduate of UT-RGV.

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