Development

Bringing vision to life.

Development

Let's work together!

Spaces development division grew out of its years of third-party management services for numerous development groups.  Our team’s background as operators of student housing and conventional multi-family gives us a unique perspective on developing communities that appeal to prospective renters, but also operate effectively.  We offer development services for several product types including student housing, conventional multi-family, office, and hospitality.  Our team oversees each deal from start to finish including land acquisition, pre-development due diligence, entitlements, financing and construction through delivery, stabilization, and disposition.  We look forward to the opportunity to assist you with your new project.

Tuscaloosa, Alabama

The Walk

The Walk has redefined the University of Alabama student housing experience. We’ve raised the standard with posh, boutique-style apartments uniquely created for students with style. Located right behind Tutwiler, The Walk’s location is in the center of it all: just away steps from classes, sorority row, and Bryant-Denny Stadium. 

Tuscaloosa, Alabama

Blue Haus

Blue Haus is Tuscaloosa’s newest student housing property perfectly designed for UA college students and young professionals. If you’re an individual that prefers peace, comfort and tranquility over the “chaos” found at most undergrad student properties, then The Blue Haus is right for you.

Tuscaloosa, Alabama

The Bluff at Waterworks Landing

Spaces Leadership jointly developed The Bluff at Waterworks Landing with ETI Multifamily in 2008.  The team purchased approximately 38 acres of land along the Black Warrior River from the City of Tuscaloosa that housed the former Water Works facility that treated all of the water for the City.  The property was subdivided for the development of The Bluff Apartments.  The apartments were developed in three phases with a total of 162 Units and 308 Beds, and a complete amenity package including riverfront access, fitness center, clubroom, infinity edge pool, firepits, study rooms, business center, and Starbuck’s coffee service. The asset was sold in 2017.

Tuscaloosa, Alabama

Spaces/Gro Office

Spaces developed its own office building in 2021 along with an additional Suite for Gro Marketing.  The project was completed ahead of schedule and within budget.  The building was designed with the needs of the various team members in mind with spaces ranging from open workstations for sales and leasing, to focused work stations for accounting and managers, to a limited number of private offices.  Conference rooms were located at the center for ease of use, and the building is flooded with natural light through the extensive use of windows.  A café provides the perfect place for the morning cup of coffee, lunch, or just socializing throughout the day.