SOUTH BEND, Ind., Oct. 8, 2024 (GLOBE NEWSWIRE) — Toll Brothers Campus Living®, a division of U.S. luxury housing giant Toll Brothers, Inc. (NYSE: TOL), and joint venture partner HSRE have announced The Announced to open 87. The 87 is a new off-campus apartment community with 335 apartments and 810 bed townhomes. The community is located near the campuses of the University of Notre Dame, College of the Holy Cross and Saint Mary’s College, and received a $91 million construction loan from Centier Bank. Construction began in September 2022 and first occupancy began in August 2024.
“87 offers today’s students a living experience that blends upscale design, luxurious amenities and modern conveniences,” said Richard Kaiser, vice president of acquisitions and development for Toll Brothers Campus Living. I am. “We are delighted to open The 87. It represents our efforts.”
Designed by KTGY, The 87 includes a mix of studios, four-bedroom apartments, and townhomes. Each residence is equipped with modern furniture, a 55-inch smart TV, and a private bathroom in each bedroom. Upscale amenities include stainless steel appliances, in-room washer and dryer, modern cabinetry, quartz countertops, and keyless entry. Some residences also feature oversized closets and kitchen islands. Garage parking is also available.
Rooted in tradition but dedicated to engaging today’s forward-thinking students, our 87 amenities are designed to promote academic success and foster connection. Students can study in the technology-enabled study lounge with dedicated seating options, meet friends in the social lounge and coffee bar, or get creative in the content creation studio. Sports enthusiasts can watch the game in the All Pro Lounge with four big-screen TVs, or hone their skills on the golf or sports simulators. A 2,300 square foot double-height fitness center features strength training and cardio equipment. Outdoors, residents can enjoy multiple courtyards with grills, fire pits, yard games, and hammocks. This community pays homage to the legacy of nearby Notre Dame University by incorporating vintage photographs and memorabilia throughout the interior.
“Toll Brothers Campus Living brings the hallmarks of Toll Brothers design, luxury and service to the modern student community,” said John, director of Toll Brothers Apartment Living, the multifamily division of Toll Brothers Campus Living. President McCullough said. Split. “87 brings South Bend’s elevated approach to student life, supporting a well-rounded college lifestyle with the space and amenities you need to succeed socially and academically.”
87 joins Toll Brothers Campus Living’s growing portfolio, which includes Penn State’s The Yard at Old State, Florida International University’s Lapis and Georgia Tech’s Kinetic. Additionally, the company previously developed Canvas at Arizona State University, which it sold in 2023, and Terrapin Row, which it developed and sold at the University of Maryland in 2017. For more information about The 87, visit Livethe87.com.
About Toll Brothers Campus Living®
Toll Brothers Campus Living is the student housing development division of Toll Brothers, one of the nation’s leading luxury home builders. Toll Brothers Campus Living brings the same quality, luxury and service of Toll Brothers to premier student housing communities in select markets. Toll Brothers Campus Living Communities combine the energy of a university location with student-centered services, amenities, and the expertise of America’s Luxury Home Builder® to fit the needs and lifestyles of today’s students to live, thrive, and connect . Toll Brothers Campus Living has developed approximately 2,000 units and more than 6,000 beds nationwide, with nearly 700 more beds in the development pipeline. For more information, visit tollbrothersapartmentliving.com/campus-living.
About Toll Brothers
Toll Brothers, a Fortune 500 company, is one of the nation’s leading luxury home builders. The company was founded 57 years ago in 1967 and went public in 1986. The Company’s common stock is traded on the New York Stock Exchange under the symbol “TOL.” We serve urban and suburban renters, as well as first-time home buyers, movers, empty nesters, active adults, and second home buyers. Toll Brothers has locations in Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and the District of Columbia. The company operates its own architecture, engineering, mortgage, title, land development, insurance, smart home technology, and landscaping subsidiaries. The company also develops master-planned and golf course communities and operates its own lumber distribution, home component assembly and manufacturing operations.
In 2024, Toll Brothers was named to Fortune’s “World’s Most Admired Companies” list for the 10th consecutive year, and its Chairman and CEO Douglas C. Yeary Jr. was named one of the top 25 CEOs by Barron’s Magazine. Chosen by people. Toll Brothers was also named Builder of the Year by Builder magazine and is the first company to be named Builder of the Year by Professional Builder magazine twice. For more information, visit TollBrothers.com.
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Contact: Andrea Meck | Director of Public Relations and Social Media, Toll Brothers | 215-938-8169 | ameck@tollbrothers.com
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