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Trinitas has started construction on a seven-story student-oriented apartment complex at 801 N St.  The view is looking northeast from Eighth and M streets. 

Courtesy Image / Trinitas

Work has begun on Lincoln's newest student-oriented housing project.

Alie Hrabe, vice president of marketing and leasing for Trinitas of Lafayette, Indiana, said foundation work has begun at the 8N Lofts at Eighth and N streets.

The seven-story building will have 172 fully furnished apartments with 624 total bedrooms. Trinitas describes the project on its website as an upscale building that will include a "Husker Sky Deck" on the top floor with a large-screen TV, fire pit, hot tub, sundeck and grilling stations.

There also will be a 4,200-square-foot clubhouse with a fitness center, computer café, game stations and large-screen TVs.

Individual units will have 48-inch TVs, washers and dryers, free cable and wireless Internet.

Hrabe said the $30 million project should be ready for occupancy in time for the start of the fall semester in 2016. Trinitas plans to open a leasing office in August at 801 R St., Suite 3, in the Haymarket.

The building is being built on the former site of Baker Hardware at 801 N St. Baker closed in March after more than a century in business, and the owners sold to Trinitas for $3 million.

The company also spent nearly $1 million on four properties near First and O streets that it plans to develop into a remote parking lot for 8N residents.

The Trinitas project is one of several under construction in and around downtown targeting students.

Latitude Living at 10th and M streets is nearing completion and set to open in August. The $46 million, six-story building will have 200 apartments with retail on the first floor and underground parking.

Prime Place at 1100 Y St. also will open in August. That complex is the smallest student-oriented complex being built, with 126 units.

Another project in the Antelope Valley area started construction earlier this year.

Texas developer Aspen Heights is building three five-story apartment buildings and a six-story parking garage on 18th Street between P and Q streets. The 175-unit project is scheduled for completion in August 2016.

Reach the writer at 402-473-2647 or molberding@journalstar.com. On Twitter @LincolnBizBuzz.

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Business editor/reporter

Matt Olberding is a Lincoln native and University of Nebraska-Lincoln graduate who has been covering business for the Journal Star since 2005.

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