Lafayette College – 512 March Street
Radnor was the developer, owner, and operator of this $3.2 million, 14,700 square foot student apartment building one block from Lafayette College’s campus. This three-story infill development project located in the heart of the College Hill residential community is designed in context to the single-family and multi-family neighborhood and consists of 12 two- and three-bedroom apartments for 31 students.
The project was structured in partnership with Lafayette as the College was in need of off-campus housing for its upper-class students. The College maintains ownership of the ground and leases it to Radnor on a long-term basis. The building was completed in Summer 2012 and was master leased back to Lafayette until early 2018 when the College took back full ownership of the building and land.