#United States #Preiss #Signature at Varsity #Signature on Grand #Raleigh, Knoxville

Preiss Expands Distinctive Living Spaces for Students Near NC State and UT Knoxville

In an exciting development for students seeking superior living options, Preiss, a national frontrunner in student housing and multifamily operations, has partnered with FD Stonewater to announce two modern housing communities: Signature at Varsity in Raleigh, North Carolina, and Signature on Grand in Knoxville, Tennessee. These projects aim to cater to the growing demand for premium housing solutions in bustling campus settings, both set for completion in Fall 2027. With a combined total of 1,207 beds, these stylish residences promise to elevate student lifestyles.

Signature at Varsity: A Premier Hub for NC State Students

Located strategically at 1400 Crest Road, just across from NC State's Greek Village, Signature at Varsity aims to become the focal point of student life at the university. Offering 679 beds, this development caters primarily to the Greek community and student leaders, providing a lively environment paired with a host of wellness and recreational amenities. Residents can cool off in the rooftop pool equipped with a giant jumbotron, utilize a comprehensive two-story fitness center, and savor the openness of expansive courtyards. Extras include a putting green, collaborative lounge settings, and an innovative Lenovo Esports gaming lounge, designed to foster a vibrant and interactive student experience.

Signature on Grand: A Sanctuary for UT Knoxville Students

Over in Knoxville, Signature on Grand, positioned at 1727 Grand Avenue, offers a serene off-campus living experience nestled within the Fort Sanders neighborhood. This development features 528 beds, ensuring students enjoy an escape from the bustling Cumberland Avenue, whilst still maintaining convenient access to the University of Tennessee. To promote an active lifestyle, amenities will include a courtyard pool with an entertaining poolside jumbotron, extensive fitness facilities, and inviting outdoor lounge areas. The property also plans to offer dedicated study spaces and secure storage for bikes and e-scooters, making it an ideal choice for health-conscious and academic-focused students.

Modern Convenience Meets Sustainable Living

Both Signature properties reflect a thoughtful design tailored to the needs of contemporary students, featuring diverse living arrangements including studios and various multi-bedroom options. Each apartment is fully furnished with stylishly curated furniture, sophisticated finishes including hardwood-style flooring, granite countertops, stainless steel appliances, and energy-efficient LED vanities. Some units will even include private patios, walk-in closets, and opulent glass-enclosed showers.

To enhance resident convenience and environmental consciousness, a state-of-the-art smart-home infrastructure has been integrated. Each unit is equipped with mobile wallet-operated smart locks for effortless entry, energy-efficient smart thermostats, and high-speed internet connectivity boasting speeds up to 1 Gbps, ensuring that tech-savvy students remain connected.

Furthermore, sustainability features include advanced leak detection systems and EV charging stations, while community areas are enhanced by unique partnerships that enable residents access to necessary household items and equipment.

Jeff Bartholomew, who serves as the Executive Vice President of Development and Construction Services at Preiss, expressed enthusiasm about expanding into such vibrant university markets. He noted, _“As a company rooted in Raleigh, we are especially proud to deepen our presence near NC State while simultaneously expanding our footprint at UT Knoxville. These two projects will meet the growing demand for walkable, tech-forward housing solutions that students desire.”_

A Trusted Name in Student Housing

Preiss, headquartered in Raleigh, North Carolina, is recognized nationally for its expertise in developing and managing both conventional multifamily properties and student housing. With nearly four decades of industry experience, the company is ranked as the 11th largest privately held operator within the student housing sector, proudly overseeing a broad portfolio spanning multiple states. Interested parties can learn more at preiss.com.

FD Stonewater, a partner in these dynamic developments, further solidifies the initiative's strength with its extensive experience across $10 billion of investments and real estate projects. Find out more about them at fdstonewater.com.