By Jesse Wood
Fall classes begin in less than two months, and students are being assured that The Standard of Boone development will be ready to move in on Aug. 13, the weekend before Appalachian State University begins the 2016 fall semester.
Staff at The Standard of Boone leasing office on King Street stated that they hadn’t been given any indications of delays when asked about the opening date of Aug. 13, and a development executive confirmed that construction is on schedule to be concluded prior to the first day of classes.
“We are planning to move residents in prior to the commencement of classes for Fall 2016,” Andrew Young, senior vice president of Landmark Properties, Inc., said in an email.
The Standard of Boone is a joint venture between Landmark Properties, Harrison Street Real Estate Capital and Stonegate Developers.
The Standard of Boone is a mixed-use development that features more than 560 beds, a 155,000-square-foot parking deck with about 500 spaces and 12,600 square feet of commercial space fronting Blowing Rock Road.
The project is being built in between Faculty Street and Blowing Rock Road on a formerly blighted stretch of property that used to consist of several old houses, apartment complexes and hotels, including the rundown Red Carpet Inn and condemned Scottish Inn. According to documents submitted to the Boone Planning and Inspections office, the project is estimated to cost $42 million.
Demolition began in January of 2015.
The last mega student apartment complex to be built in and around Boone was The Cottages of Boone in 2013. Three years ago, Capstone Collegiate Communities planned to open the nearly 900-bed development above N.C. 105 to students prior to the fall semester.
In June of 2013, an executive with The Cottages development stated that about 40 tenants would be affected due to construction delays. More than a month later, about two weeks prior to the start of the school semester, staff with The Cottages of Boone began contacting about 360 tenants to let them know that they would be living double occupancy in hotel rooms until construction of their particular units finished.
According to 2013 HCPress.com article, “The Cottages gave the tenants the option to pay rent for the first month, live in a hotel room for a minimum of 30 days and be supplemented with a $15 per day credit. Or they can choose to live elsewhere and move in once the unit is finished.”
But the folks developing The Standard of Boone don’t see a similar turn of events happening.
“We have a construction schedule that has us meeting this deadline and are diligently working to meet it,” said Young of Landmark Properties.