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Greystar and Star America Infrastructure Partners to Develop Off-Campus Student Housing Project in Eugene, OR

9/29/20

Greystar and Star America Infrastructure Partners have acquired a 1.1-acre site in Eugene, OR on which they intend to develop a $100 mil, 357-unit student housing project named “Union on Broadway.” Construction will commence immediately at the site, located at 476 East Broadway, with completion estimated in August 2022.

Union on Broadway will encompass 12 stories, 357 units with 608 beds and a retail component on the ground floor. Ankrom Moisan Architects and Eugene-based contractor John Hyland Const Inc will oversee design and construction respectively.

Future residents will benefit from a premium top floor fitness center, collaborative study lounges on each floor, a computer lounge, conference rooms, an activity and game room, a media lounge, subterranean parking and bike parking and outdoor amenity space complete with a spa, terrace, grills and lounge seating. Units will be furnished, and amenities will include an in-unit washer and dryer, private bathrooms, internet and air conditioning.

Union on Broadway is located just five blocks from the University of Oregon on East Broadway, a major thoroughfare and premier area for restaurants and retail creating an ideal location for Oregon students. It is also adjacent to a Whole Foods Market and within a block of Eugene’s Downtown Riverfront redevelopment site, which aims to revitalize the riverbank with high-end retail, restaurants, and green space.

This project marks Greystar’s first venture with Star America and their first ground up development in Eugene. It also represents Star America’s seventh investment in the growing higher education infrastructure space.





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