LV Collective and Peninsula Investments have closed financing for Rambler Northgate, a new purpose-built student housing tower planned across from Texas A&M University in College Station, Texas. The joint venture expects to deliver the $125 million community in summer 2028, positioning the project directly across from campus at 725 University Drive. The development advances as institutional and private capital continue to target student housing near major universities.
UMB is providing construction financing for Rambler Northgate, giving the development team the capital needed to move into the execution phase. Oz Architecture has been engaged as the project architect, while JE Dunn will serve as general contractor. Together, the partners are planning a high-density, vertically oriented community designed around proximity to Texas A&M and on-site amenity offerings.
The planned 24-story building is expected to become the tallest structure in College Station when completed. Rambler Northgate is programmed for 342 residential units and 922 beds across 761,444 square feet. The unit mix will span one- through six-bedroom layouts, and the plan calls for 100% bed-bath parity, meaning each bed will be paired with its own dedicated bathroom. This configuration is typically aimed at meeting privacy preferences in modern student housing while supporting premium rent positioning.
On the amenities side, the project is designed to offer a resort-style pool deck featuring multiple hot tubs and a jumbotron screen, creating a central outdoor gathering space for residents. The development will also include Daydreamer, an integrated on-site café, as well as a multi-sport simulator intended to broaden the recreational options within the building. These shared spaces are positioned as differentiators in a competitive student housing environment.
Rambler Northgate will incorporate academic-focused features as well, with a mezzanine-level coworking space and private study rooms that are planned to support individual and group study needs. A clubhouse area is envisioned to foster community connection and social interaction among residents. The health and wellness program is set to include a fitness center, yoga studio, sauna, and cold plunge, reflecting the sector’s emphasis on wellness-driven amenities.
With construction financing secured and a defined program of units and amenities, LV Collective and Peninsula Investments are moving forward with a large-scale student housing asset adjacent to Texas A&M’s campus. The combination of height, bed count, and location underscores ongoing investor and lender interest in sizable, campus-adjacent projects in established university markets.
