{"id":1004050132,"date":"2012-08-20T06:06:30","date_gmt":"2012-08-20T14:06:30","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=63430"},"modified":"2025-02-18T05:28:34","modified_gmt":"2025-02-18T13:28:34","slug":"student-housing-booms-in-columbia-80m-project-approved","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/","title":{"rendered":"Student Housing Booms in Columbia\u2014$80M Project Approved"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/p>\n

It was just a few weeks ago that local developer Ben Arnold, in a joint venture with Monarch Ventures of Charlotte, N.C., filed papers with the Columbia Planning Commission for the Monarch at USC\u2014a 600-bed student housing project, which the partners want to develop at the corner of Blossom and Huger Street. While the Monarch at USC has yet to receive a decision from the city board, another developer, the first in a string of many, has received the zoning board\u2019s approval for its proposed downtown project.<\/p>\n

According to a report by The State, <\/em>the $80 million project proposed by Core Campus LLC of Chicago has cleared Columbia\u2019s zoning board and might break ground as early as spring 2013.\"\"<\/a> The project envisions converting the former SCANA building in Columbia\u2019s central business district into an 851-bed student housing complex, thus converting the 21-story Palmetto Center into The Hub on Main Street at Palmetto Center. \u00a0The former office high rise will be redeveloped into a 258-unit private dorm, with one- to five-bedroom apartments.<\/p>\n

Indoor amenities, most of which will be found on the 11th<\/sup> floor, include a study lounge, conference and club rooms, as well as a fitness center with yoga and steam rooms. Retail space will be developed at street level, while the building\u2019s basement will be converted into an 88-car parking garage with 215 bicycle spaces. However, 88 parking spaces are not sufficient for a development of this scale, so developers will be leasing 338 spaces in an adjacent city parking garage.<\/p>\n

Furthermore, Core Campus plans to enter negotiations to develop outdoor amenities such as a sandy volleyball court, grills, a pool and a hot tub on the top level of the parking garage. A green screen will protect the privacy of visitors and other downtown businesses and residents.<\/p>\n

Because opponents of the project voiced concerns regarding the safety of students in a mostly commercial area, especially at night, increased safety measures have already been negotiated and will be implemented both at the dormitory tower and the city parking garage. Such safety features include enhanced garage lighting and garage security cameras to be monitored by both police and The Johnson Group, The Hub\u2019s hired private security company.<\/p>\n

The SCANA building sat vacant since the company\u2019s move-in in 2009.\u00a0Work is expected to take between 10 to 12 months, with a deadline of fall 2014.<\/p>\n

Image courtesy of Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

It was just a few weeks ago that local developer Ben Arnold, in a joint venture with Monarch Ventures of Charlotte, N.C., filed papers with the Columbia Planning Commission for the Monarch at USC—a 600-bed student housing project<\/p>\n","protected":false},"author":49,"featured_media":1004506448,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004050132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest"],"acf":[],"yoast_head":"\nStudent Housing Booms in Columbia\u2014$80M Project Approved - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Student Housing Booms in Columbia\u2014$80M Project Approved\" \/>\n<meta property=\"og:description\" content=\"It was just a few weeks ago that local developer Ben Arnold, in a joint venture with Monarch Ventures of Charlotte, N.C., filed papers with the Columbia Planning Commission for the Monarch at USC—a 600-bed student housing project\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-08-20T14:06:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-18T13:28:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/\",\"name\":\"Student Housing Booms in Columbia\u2014$80M Project Approved - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg\",\"datePublished\":\"2012-08-20T14:06:30+00:00\",\"dateModified\":\"2025-02-18T13:28:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Student Housing Booms in Columbia\u2014$80M Project Approved\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4\",\"name\":\"Eliza Theiss\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"caption\":\"Eliza Theiss\"},\"description\":\"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Student Housing Booms in Columbia\u2014$80M Project Approved - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/","og_locale":"en_US","og_type":"article","og_title":"Student Housing Booms in Columbia\u2014$80M Project Approved","og_description":"It was just a few weeks ago that local developer Ben Arnold, in a joint venture with Monarch Ventures of Charlotte, N.C., filed papers with the Columbia Planning Commission for the Monarch at USC—a 600-bed student housing project","og_url":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2012-08-20T14:06:30+00:00","article_modified_time":"2025-02-18T13:28:34+00:00","og_image":[{"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg?w=1024","width":1024,"height":1024,"type":"image\/jpeg"}],"author":"Eliza Theiss","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/","url":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/","name":"Student Housing Booms in Columbia\u2014$80M Project Approved - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg","datePublished":"2012-08-20T14:06:30+00:00","dateModified":"2025-02-18T13:28:34+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/student-housing-booms-in-columbia-80m-project-approved\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Student Housing Booms in Columbia\u2014$80M Project Approved"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4","name":"Eliza Theiss","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","caption":"Eliza Theiss"},"description":"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/scana.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004050132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004050132"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004050132\/revisions"}],"predecessor-version":[{"id":1004631169,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004050132\/revisions\/1004631169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004506448"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004050132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004050132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004050132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}