MEMPHIS, Tenn., Aug. 3, 2016 /PRNewswire/ — EdR (NYSE: EDR), one of the nation’s largest developers, owners and managers of high-quality collegiate housing communities, has announced plans for a complete redevelopment of one of its off-campus communities, Players Club, at Florida State University (FSU) in Tallahassee, Fla.
“The location of Players Club is still ideal and it gives us an opportunity to redevelop the community to achieve favorable investment returns,” said EdR president Tom Trubiana. “Our market research shows strong demand at FSU for a highly-amenitized community at this prime location.”
When complete in summer 2018, the redeveloped Players Club will replace the building that opened in 1993.
The Players Club first opened in 1993 as a 336-bed community near the FSU campus. When the redevelopment is complete in summer 2018, the community will provide 596 beds that include state-of-the-art features and amenities.