Austin, TX (July 26, 2021) – Spaces, a student housing real estate solutions company, has won the Innovator Award for Best New Development (400 beds or fewer) at the 11th Annual Innovator Awards held on Thursday, July 14, during the NMHC/InterFace Student Housing Conference.
Student Housing Business presented Innovator Awards to student housing owners, developers, operators, architecture firms, and universities for excellence in student housing properties, on- and off-campus development, marketing, and operations. Spaces was recognized at the awards ceremony for their development of The Walk, a 4-story, 251-bed new student housing development serving the students of the University of Alabama in Tuscaloosa, AL. The Walk redefined the University of Alabama student housing experience with posh, boutique-style apartments uniquely created for students with style, offering the richest student apartment amenities in Tuscaloosa. With rates among the highest in the market, The Walk was able to achieve comparable occupancy rates in line with their competitors.
“Receiving the Innovator Award is a tremendous honor, and we are grateful for the recognition,” said Spaces Founder & CEO Andy Turner. “I am so proud of our team at Spaces, and all of our partners including Elite Building, F3 Furniture, South Park Interiors, Poole & Company Architects, and GRO Marketing for their hard work to make The Walk a great success.”
The Innovator Awards are presented to recognize the student housing industry’s best and are judged by more than 100 industry experts and peers in this year’s contest.
Spaces Management is a Tuscaloosa, Alabama based full service real estate company founded in 2005. Spaces provides property management services for student housing, conventional apartments, single family rentals, condominium and homeowners associations in multiple markets. Additionally, Spaces develops and owns real estate, and offers brokerages services. Spaces is a member of the National Association of Realtors, Institute of Real Estate Management, Community Associations Institute, National Association of Residential Property Managers, and is an Accredited Association Management Company.