LV Collective, Peninsula Investments plan 922-bed student tower near Texas A&M

• LV Collective and Peninsula Investments are developing 922-bed student housing project
• $125 million development will be the tallest building in College Station
• Part of Legacy Point mixed-use master plan with 3,000 beds planned

What LV Collective is building

LV Collective and Peninsula Investments are moving forward with Rambler Northgate, a 922-bed student housing tower in College Station, Texas. The 24-story project will rise near Texas A&M University and is expected to be the tallest building in the city when completed in 2028. This marks another major step in expanding LV Collective’s student housing portfolio.

What the project includes

The development will deliver 342 units with layouts ranging from one- to six-bedroom apartments, all designed with bed-to-bath parity. Amenities are built for high-end student living, including a pool with hot tubs, a jumbotron, coworking spaces, a fitness center, a sauna, and social areas. The project also includes retail and lifestyle components as part of the broader Legacy Point development.

What the master plan means

Rambler Northgate is the second phase of Legacy Point, a 10-acre mixed-use campus being developed with Culpepper Realty Co. Once complete, the project will include 3,000 beds across five buildings and more than 50,000 square feet of retail and entertainment space. This scale reflects growing demand for integrated student housing communities.

What this means for student housing

Student housing continues to attract institutional capital due to stable demand tied to university enrollment. Projects near major campuses like Texas A&M are especially attractive due to consistent occupancy and strong rental demand. The 922-bed scale also shows how developers are building larger, amenity-rich communities to compete at the top of the market.

What this means for investors

This deal highlights continued momentum in student housing as a core investment sector. Developers and investors are targeting large universities and building premium products to capture demand. For investors, it reinforces that student housing remains a resilient asset class with long-term growth potential. Student housing continues to scale in major university markets as developers deliver larger, experience-driven communities.