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Toll Brothers Campus Living® Opens Kinetic, a New Luxury Student Apartment Community in Atlanta

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Toll Brothers Campus Living®, a division of Toll Brothers, Inc. (NYSE: TOL), has opened Kinetic, a new luxury student apartment community in Atlanta. Located near the Georgia Institute of Technology, Kinetic features 239 apartment homes with 752 beds. The project was financed with a $91 million construction loan from US Bank, with construction starting in July 2022 and first occupancy beginning in August 2024.

Kinetic offers fully furnished apartments ranging from one to five bedrooms, equipped with luxury features and smart home technology. Community amenities include study lounges, a content studio, coffee bar, fitness center, sky lounge, and a 34th floor pool. The development is part of Toll Brothers Campus Living's growing portfolio of student housing projects across various universities.

Toll Brothers Campus Living®, una divisione di Toll Brothers, Inc. (NYSE: TOL), ha aperto Kinetic, una nuova comunità di appartamenti di lusso per studenti ad Atlanta. Situato vicino al Georgia Institute of Technology, Kinetic offre 239 appartamenti con 752 letti. Il progetto è stato finanziato con un prestito per la costruzione di 91 milioni di dollari da US Bank, con l'inizio della costruzione a luglio 2022 e il primo ingresso previsto per agosto 2024.

Kinetic offre appartamenti completamente arredati che variano da una a cinque camere da letto, dotati di caratteristiche di lusso e tecnologia per la casa intelligente. I servizi della comunità includono lounge studio, uno studio di contenuti, un bar caffè, una palestra, una sky lounge e una piscina al 34° piano. Lo sviluppo fa parte del portafoglio in crescita di progetti di housing per studenti di Toll Brothers Campus Living nelle varie università.

Toll Brothers Campus Living®, una división de Toll Brothers, Inc. (NYSE: TOL), ha inaugurado Kinetic, una nueva comunidad de apartamentos de lujo para estudiantes en Atlanta. Ubicada cerca del Georgia Institute of Technology, Kinetic cuenta con 239 apartamentos que ofrecen 752 camas. El proyecto fue financiado con un préstamo de construcción de 91 millones de dólares de US Bank, con la construcción comenzando en julio de 2022 y la primera ocupación comenzando en agosto de 2024.

Kinetic ofrece apartamentos completamente amueblados que van de una a cinco habitaciones, equipados con características de lujo y tecnología para el hogar inteligente. Las comodidades de la comunidad incluyen salas de estudio, un estudio de contenido, un bar de café, un gimnasio, un lounge en el cielo y una piscina en el piso 34. El desarrollo forma parte del creciente portafolio de proyectos de vivienda para estudiantes de Toll Brothers Campus Living en diversas universidades.

Toll Brothers Campus Living®, Toll Brothers, Inc. (NYSE: TOL)의 한 부서가 애틀랜타에 있는 새로운 고급 학생 아파트 커뮤니티 Kinetic를 열었습니다. Georgia Institute of Technology 근처에 위치한 Kinetic은 239개의 아파트752개의 침대를 제공합니다. 이 프로젝트는 US Bank로부터 9,100만 달러의 건설 대출으로 자금을 조달받았으며, 2022년 7월에 공사를 시작하여 2024년 8월에 첫 입주가 시작될 예정입니다.

Kinetic은 한 개에서 다섯 개의 침실이 있는 완비된 아파트를 제공하며, 고급스러운 시설과 스마트 홈 기술이 장착되어 있습니다. 커뮤니티 편의시설로는 스터디 라운지, 콘텐츠 스튜디오, 커피 바, 피트니스 센터, 스카이 라운지 및 34층의 수영장이 있습니다. 이 개발은 다양한 대학에 걸쳐 Toll Brothers Campus Living의 성장하는 학생 주택 프로젝트 포트폴리오의 일부입니다.

Toll Brothers Campus Living®, une division de Toll Brothers, Inc. (NYSE: TOL), a ouvert Kinetic, une nouvelle communauté d'appartements de luxe pour étudiants à Atlanta. Situé près du Georgia Institute of Technology, Kinetic dispose de 239 appartements avec 752 lits. Le projet a été financé par un prêt de construction de 91 millions de dollars de US Bank, la construction ayant commencé en juillet 2022 et la première occupation prévue pour août 2024.

Kinetic propose des appartements entièrement meublés allant d'une à cinq chambres, dotés de caractéristiques luxueuses et de technologies de maison intelligente. Les équipements communautaires comprennent des salons d'étude, un studio de contenu, un bar à café, un centre de fitness, un sky lounge et une piscine au 34ème étage. Ce développement fait partie du portefeuille croissant de projets de logement étudiant de Toll Brothers Campus Living dans diverses universités.

Toll Brothers Campus Living®, eine Sparte von Toll Brothers, Inc. (NYSE: TOL), hat Kinetic eröffnet, eine neue luxuriöse Studentenwohnanlage in Atlanta. In der Nähe des Georgia Institute of Technology gelegen, bietet Kinetic 239 Wohnungen mit 752 Betten. Das Projekt wurde mit einem 91 Millionen US-Dollar Baukredit von US Bank finanziert, der Bau begann im Juli 2022 und die erste Belegung startet im August 2024.

Kinetic bietet vollmöblierte Apartments mit ein bis fünf Schlafzimmern, ausgestattet mit luxuriösen Annehmlichkeiten und smarter Haustechnik. Zu den Gemeinschaftseinrichtungen gehören Studienlounges, ein Content-Studio, eine Kaffeebar, ein Fitnesscenter, eine Sky Lounge und ein Pool im 34. Stock. Die Entwicklung ist Teil des wachsenden Portfolios von Studentenwohnprojekten von Toll Brothers Campus Living an verschiedenen Universitäten.

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The apartment community features 239 apartment homes designed exclusively for college students

ATLANTA, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Toll Brothers Campus Living®, a division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, announces the opening of Kinetic in Atlanta. Kinetic is a new off-campus apartment community designed exclusively for college students, featuring 239 apartment homes with 752 beds. The community is located near the campus of the Georgia Institute of Technology and was financed with a $91 million construction loan from US Bank. Construction commenced in July 2022 and first occupancy began in August 2024.

Kinetic by Toll Brothers Campus Living

“We are thrilled to open Kinetic, a dynamic community that offers students a living experience that supports their academic and social success,” said Richard Keyser, Vice President of Acquisitions and Development for Toll Brothers Campus Living. “Kinetic’s proximity to campus gives students flexibility, and the upscale residences and thoughtfully designed amenities elevate their college life.”

Kinetic offers a mix of one- through five-bedroom fully furnished apartment homes. Luxury features include Whirlpool stainless steel appliances, full-size washers and dryers, ceiling fans, and smart home technology, including in-residence Wi-Fi and app-controlled door locks. Designer finishes can be found throughout, along with hardwood-style flooring in the living and kitchen areas, plush carpeting in the bedrooms, and backlit bathroom vanity mirrors. Select residences also include en-suite private bathrooms and oversized closets.

Kinetic by Toll Brothers Campus Living

Built for the next generation of leaders and innovators, Kinetic’s community amenities are curated to help residents strike a balance between hard work and comfortable relaxation. Students have access to multiple study lounges, with both private and collaborative spaces, as well as a high-tech content studio that lets them create for both work and play. Residents can enjoy the coffee bar, social lounges, community room with jumbo screen TV, e-sports lounge, and fitness center with state-of-the-art equipment, including an Echelon Reflect fitness mirror, and sauna. High above the city lights, Kinetic residents can also relax at the sky lounge, 34th floor pool, and outdoor courtyard with grills and rooftop dining. Additional amenities include a package delivery system and interior bike storage.

“Toll Brothers’ commitment to innovative design and quality service is reflected throughout Kinetic,” said John McCullough, President of Toll Brothers Apartment Living, the multifamily division of Toll Brothers which oversees its Campus Living division. “With its luxury amenities, upscale apartment homes, and prime location, Kinetic offers an unparalleled living experience to students at Georgia Tech.”

Kinetic is part of Toll Brothers Campus Living’s growing portfolio, which includes The Yards at Old State at The Pennsylvania State University, Lapis at Florida International University, and The 87 at the University of Notre Dame. In addition, the company previously developed Canvas at Arizona State University, which sold in 2023, and Terrapin Row at the University of Maryland, which sold in 2017. For more information about Kinetic, visit KineticAtlanta.com.

Kinetic by Toll Brothers Campus Living

ABOUT TOLL BROTHERS CAMPUS LIVING®

Toll Brothers Campus Living is the student housing development division of Toll Brothers, Inc., the nation's leading builder of luxury homes. Toll Brothers Campus Living brings the same quality, luxury, and service for which Toll Brothers is known to its exceptional student housing communities in select markets. Toll Brothers Campus Living communities combine the energy of collegiate locations with student-centric services, amenities, and the expertise of America’s Luxury Home Builder® to fit the needs and lifestyle of today’s students to live, thrive, and connect. Toll Brothers Campus Living has developed nearly 2,000 units and more than 6,000 beds nationwide, with nearly 700 additional beds in its development pipeline. For more information visit tollbrothersapartmentliving.com/campus-living.

ABOUT TOLL BROTHERS
Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: 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, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Companies™ list and the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/dffe695a-eac3-48cc-b145-ed8f114a6f9c
https://www.globenewswire.com/NewsRoom/AttachmentNg/4af41a27-8d3d-4614-adee-ac32e0fb34e1
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Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)


FAQ

What is Kinetic and where is it located?

Kinetic is a new luxury student apartment community developed by Toll Brothers Campus Living®, located near the Georgia Institute of Technology campus in Atlanta.

How many apartment homes and beds does Kinetic offer?

Kinetic features 239 apartment homes with a total of 752 beds designed exclusively for college students.

When did Kinetic open for occupancy?

Kinetic began its first occupancy in August 2024, following construction that commenced in July 2022.

What types of apartments are available at Kinetic?

Kinetic offers a mix of fully furnished one- through five-bedroom apartment homes with luxury features and smart home technology.

What amenities does Kinetic provide for students?

Kinetic provides various amenities including study lounges, a content studio, coffee bar, fitness center, sky lounge, 34th floor pool, and outdoor courtyard with grills and rooftop dining.

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