Spaces’ development division grew from its years of third-party commercial and residential property management services for numerous development groups. Our team’s background as operators and property managers of student housing and conventional multi-family residencies gives us a unique perspective on developing communities that appeal to prospective renters while also operating 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.
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.
Blue Haus is Tuscaloosa’s newest student housing property, perfectly designed for UA college students and young professionals. If you’re an individual who prefers peace, comfort, and tranquility over the “chaos” found at most undergrad student properties, then Blue Haus is right for you.
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 city’s water. 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, along with a complete amenity package including riverfront access, fitness center, clubroom, infinity edge pool, fire pits, study rooms, business center, and Starbucks coffee service. The asset was sold in 2017.
Spaces developed its own office building in 2021 and an additional suite for GRO Marketing, a full-service digital marketing agency. 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 workstations for accounting and managers to a limited number of private offices. Conference rooms are located at the center for ease of use, and the building is flooded with natural light through the numerous windows. A café provides the perfect place for a morning cup of coffee, lunch, or just socializing throughout the day.
The Walk Starkville, situated just off Bulldog Way, offers unparalleled luxury to MSU student living. From fully furnished units with granite countertops to a state-of-the-art fitness center and resort-style pool, The Walk caters to those desiring more from their college experience. Their range of one to five-bedroom floor plans is suitable for both individual and group living. With 24/7 gated security, the property ensures elegance and safety in the heart of Starkville.
The Captain’s Club is the reimagined heartbeat of lakefront allure in Tuscaloosa. Bridging the legacy of the past with today’s innovation, they breathe new life into the marina, sculpting a pulsating retreat adorned with festivities, cabanas, and boat rentals. Moreover, as the Club evolves, plans flourish to transform the opposite shore into a dynamic destination rich with lakefront activities, celebratory events, full-service cabanas, a bar & grill, and more.
Highland House presents the pinnacle of luxury student living in Tuscaloosa. Nestled just off 12th Street, the community is a brief stroll away from the University of Alabama campus and the iconic Bryant-Denny Stadium. Opened in August 2023, Highland House promises contemporary elegance for the modern student seeking proximity and prestige.