Modern 534-bed development in historic Greenbush neighborhood already 65% leased ahead of September 2024 delivery

CRG, a national real estate development and investment firm, today announced the topping-out of Chapter at Madison, its 10-story, 534-bed student housing development in Madison, Wis., which is nearly two-thirds pre-leased ahead of its completion next September.

“Recognizing the high demand for residential options near the University of Wisconsin-Madison, we are pleased to bring our Chapter brand to the market, providing students with a premium housing choice that boasts convenient access to campus, as well as the restaurants and nightlife within Madison’s vibrant downtown area,” said JJ Smith, executive vice president and partner for CRG’s residential group. “By incorporating community-serving commercial space and public artwork, Chapter at Madison is designed to activate this prominent stretch of Regent Street in a way that benefits both residents and neighbors.”

Located at 802 Regent St., within the historic Greenbush neighborhood, Chapter at Madison will feature 165 units in a mix of studio, one-, two-, three-, four- and five-bedroom floor plans ranging from 395 to 1,633 square feet. Competitive monthly rental rates, per bed, will begin at $1,799 for studios, $1,859 for one-bedrooms, $1,049 for two-bedrooms, $1,075 for three-bedrooms, $999 for four-bedrooms and $1,029 for five-bedrooms.

Just a few months after it began accepting applications, the development is already 65% pre-leased, underscoring the strong demand for high-quality student housing in the area. This early leasing success is a testament to the existing supply constraints in the Madison market, particularly for premium accommodations conveniently located near the University of Wisconsin-Madison campus, according to Smith.

All units will feature contemporary furnishings and upscale finishes including wood-style flooring; kitchens with quartz countertops and premium stainless steel appliances; full-size in-unit laundry; bedrooms with built-in storage, ceiling fans and en suite baths, per plan; and smart-entry systems for both the unit and individual bedrooms.

Amenities at Chapter at Madison are intended to foster both academic success and social engagement among residents. They include a fully equipped fitness center and yoga studio; private study spaces and conference rooms; a rooftop terrace and lounge that includes grilling stations, fire pits, gaming areas and views of Lake Monona; and an underground parking garage with EV charging stations and secure bike storage. The development will also house 2,200 square feet of first-floor commercial space.

Chicago-based Lamar Johnson Collaborative is the architect for the project, while Madison-based Findorff is serving as general contractor. The combined teams designed Chapter at Madison to blend into the existing urban environment with the use of brick and masonry that complements surrounding buildings.

Paying homage to the historic Greenbush neighborhood, a mural installed on the East Campus Mall entry will depict people and events that had an indelible impact on the neighborhood, and a cultural exhibit will reside along the first-floor corridor fronting Regent Street, providing details about the history of the 800 block and other milestones associated with the Greenbush neighborhood.

Pre-leasing is currently being conducted at 638 University Ave. For more information or to schedule a tour, visit www.chapteratmadison.com or call (608) 416-1153.

CRG recently opened two new student housing high-rises – Academy at Reno in Reno, Nev., and Standard at Columbia in Columbia, Mo. – with both welcoming first residents earlier this fall. An additional property, Chapter at Eugene, near the University of Oregon, is also slated to open in 2024.

CRG’s student housing and multifamily team has a strong track record that includes the development of over 40,000 beds across more than 80 university markets. The firm continues to seek investment opportunities near major Tier-1, Power 5 conference schools.

About CRG:
CRG is a privately owned North American real estate development and investment firm founded in 1993 with deep expertise in delivering and owning industrial, office, multifamily, student housing and mixed-use assets. The firm serves clients and investors from eight regional offices benefiting from local expertise in Chicago, St. Louis, Indianapolis, Seattle, SoCal, Phoenix, Philadelphia and Atlanta. CRG has developed more than 12,500 acres of land and delivered over 220 million square feet of assets exceeding $14 billion in value. For more information, visit CRG’s website at www.realcrg.com.

About Chapter:
Chapter is CRG’s national collection of upscale multifamily and student housing developments designed to provide spaces and experiences that help residents write their life story with greater intention. Each project is designed to offer residents the opportunity to not just live well, but also enjoy a home where experiences work together with the design to fuel one simple idea: help people write their next chapter.

About LJC:

Lamar Johnson Collaborative (LJC) is a Chicago-based full-service design and architecture firm committed to enhancing the quality of the human experience and improving how design and architecture impact each individual’s emotional being. With 300-plus employees and practice sites in Phoenix, Los Angeles, Kansas City and Overland, MO, LJC provides full-service, architecture, interior design, landscape architecture, planning and urban design, sustainability and technical/quality assurance solutions across multiple industries, including residential, commercial, industrial, higher education, mixed use, healthcare/life sciences and public realms / urban planning. The company is a wholly owned subsidiary of Clayco.

 

 

 

 

Additional renderings that accompany this release can be viewed here.